|Latest Return Date|
|Latest 6 Months|
|Latest 12 Months|
|Latest 24 Months (pa)|
|Annualised Since Inception|
Life Settlements are resold life insurance policies and can be thought of as a form of finance extended to an individual backed by the person's life insurance policy. This financing is repaid upon maturity by collecting the death benefit from the insurance company.
Risk mitigation measures implemented by Laureola include science-driven due diligence of policies, active monitoring of insured through a vertically integrated operation, and investor aligned fund design.
Laureola noted they're very happy with that result given the Fund's size. The average size of the matured policies ytd is about $500k, 2/3rds the average size of the policies in the portfolio, which has had a small negative effect on performance. But, they noted, the number of policies is a strong indication that the portfolio is being managed properly, and also indicates that it is not due to luck or randomness. It highlights the quality of the posted returns: 75% of the total returns for the year have come from realised gains.