LONDON, 04.08.2009 –Managing Partners Limited (MPL), the boutique fund manager, is delighted to announce that its Traded Policies Fund celebrates its fifth anniversary having delivered outstanding steady, incremental returns, even throughout the turmoil of the credit crunch.

The fund’s US dollar-denominated Institutional share class returned 52.21% net of all charges over the five years to 1 July, 2009, having never delivered a negative return in any single quarter over that time. The fund also compared very favourably to the AAP Life Settlement Index, which rose 9.08% throughout 2007 and 4.04% during 2008. The fund returned 7.30% in 2007 and 9.64% in 2008. The index tracks the performance of funds implementing an investment strategy in the US life insurance sector and serves as a benchmark for investments in traded US life insurance.

The performance makes the fund one of the outstanding performers over a period that has seen many investment funds suffer substantial losses as a result of the global financial crisis, which impacted all of the main asset classes.

The fund, which also offers institutional and retail share classes denominated in Sterling, Euro, Yen and Swedish krona, invests in traded life policies (TLPs), which are US-issued whole of life sold before their maturity date to allow the original owners to enjoy some of the benefits during their own lifetimes. TLPs can be used to deliver steady, incremental returns that are uncorrelated to other asset classes.

Jeremy Leach, Managing Director of MPL, commented: “The great benefit of traded life policies is that funds that invest in them – provided they are managed correctly – can deliver steady returns that are uncorrelated to what is happening elsewhere in the financial markets. Our Traded Policies Fund has proved it can deliver double digit returns year in year-out in what has been one of the most difficult periods ever seen on financial markets. The fund could not have proved its worth in more difficult circumstances. And that makes it an ideal inclusion to any portfolio where are investors are looking to add stability.”

The Traded Policies Fund is a fully-regulated Cayman Islands mutual fund that can be included in personal portfolio bonds, wraps and SIPPs. The minimum direct investment in the fund is £35,000 but the fund can also be accessed via insurance bonds or SIPPs for £2,500.
 
For further information on Managing Partners Limited range of funds, call 0203 397 0525 or visit (www.managing-partners.com).

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