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MPL’S Traded Policies Fund is now available via Hansard International’s portfolio bond range

Managing Partners News
July 15th, 2009

LONDON, 15.07.2009 – Managing Partners Limited, the boutique fund manager, is pleased to announce that all of the share classes in its Traded Policies Fund are now available to investors via Hansard International’s Portfolio Bond, adding to the growing list of wrapper products giving access to the fund, which offers investors steady, predictable returns.

Retail investors in the Portfolio Bond will be able to access growth share classes available in sterling, US dollar, Euro, Japanese Yen and Swedish Krona. There is also a sterling income share class, offering income of 5% per annum together with capital growth. The minimum investment is US$5,000 or currency equivalent.

Hansard International Limited is an international life assurance company and is part of Hansard Global plc, a specialist long-term savings provider with regulated businesses operating in the Isle of Man and the Republic of Ireland. It offers a range of flexible, tax-efficient investment products within a life assurance policy wrapper, developed to appeal to affluent international investors.

TLPs are US-issued whole of life policies sold before their maturity date to allow the original owners to enjoy some of the benefits during their own lifetimes. They are gaining increasing recognition for their ability to deliver steady, predictable returns uncorrelated with other asset classes.

The Traded Policies Fund is also available via portfolio bonds offered by Royal Skandia, Irish Life, Prudential, Scottish Equitable, Standard Life, Norwich Union International, Quantum, Transact and Clerical Medical International.

Jeremy Leach, Managing Director of MPL, commented: “This exciting development comes at a time when investors are searching for assets that can deliver smooth, predictable returns in a turbulent market. The returns available on TLPs are around 8-10% per annum and are uncorrelated to interest rates, equities and commodities.

“As such, investors are realising that they are a fantastic alternative to the steady returns once offered by with profits policies but which have failed to deliver. The increasing prevalence of TLP funds on wrap platforms points to growing appreciation of their benefits among investors.”

The Traded Policies Fund had a stellar year in 2008, demonstrating its non-correlation with other asset classes: the Fund’s GBP Institutional share class delivered 10.56% in the 12 months to 1 January 2009 net of all charges and the GBP Growth share class, which is available to retail investors, returned 10.47% net of all charges over the same period.

For further information on Managing Partners Limited range of funds, call 0207- 965- 4631 or visit (www.managing-partners.com).