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The Defined Return Fund (DFR) invests in U.S. Traded Life Policies and has a variety of classes through which the investor can choose the balance of risk to growth that he/she prefers.
The Capital Protected Class
Investment objectives
The Fund provides investors with a return of 8% per annum together with 100% protection of their capital.
The Defined Return Fund offers a clearly defined range of returns to investors by investing in traded life policies.
The objective is to provide a non-stock market correlated investment opportunity which enables investors to benefit from capital growth and income.
Other funds merely give a target return to investors whilst Defined Return Fund is perhaps the only fund in the market which defines clearly to investors what their return will be.
This is because returns are based on the known average of the life expectancy of af a large number of life policyholders. |
This is because returns are based on the known average of the life expectancy of af a large number of life policyholders.
Features of Protected Defined Return Fund
The fund is a 7 years investment with guaranteed return of initial capital at maturity.
Minimum Contribution: $50,000
Minimum Additional: $ 5,000
Dealing: Monthly
Initial Charge: Zero
(exit charges apply)
Mangement Fee: 0.50% p.a.
Performance Fee: 20% payable on performances in excess of 6% yield
Redemption not possible within the first 36 months of investment.
Thereafter, redemption penalties apply.
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