Most multi-strategy funds in the Nordic Hedge Index posted gains for May, with 24 of the 35 members of the NHX Multi-Strategy Index delivering positive performance last month. Ress Life Investments, an alternative investment fund investing in the secondary market for U.S. life insurance policies, gained 5.6 percent in May benefiting from one policy paying out and the notice of pending payouts by two other policies. The fund is up 5.9 percent in the first five months of the year.
SOURCE: HedgeNordic
Read full article here: hedgenordic.com/2018/06/multi-strategy-nhx-funds-continue-winning-streak-in-may
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Ress Life Investments A/S purchases US life insurance policies in the secondary market. The company owns a diversified portfolio and policies are issued by over 50 highly rated US life insurance companies. The investment objective is to provide attractive uncorrelated returns in USD over the long-term. Ress Life Investments is listed at Nasdaq Copenhagen since 2015.
Attractive risk-adjusted return – the target return is 7% per annum in USD without any leverage.
Low volatility – a well-diversified life insurance portfolio offers investors stable and attractive risk-adjusted returns. Monthly historical volatility since 2011 is 3.5%.
Risk diversification – the return profile of the life insurance portfolio is characterised by low correlation to other asset classes, which makes the strategy attractive for investors seeking risk diversification.
Exchange-traded – the company is listed and a market-maker provides daily prices.
Ress Life Investments A/S is a limited liability company incorporated in Denmark. The company is an alternative investment fund (AIF) managed by Resscapital AB, a limited liability company incorporated in Sweden. Resscapital AB is authorised as an alternative investment fund manager (AIFM) and supervised by Finansinspektionen, the Swedish Financial Supervisory Authority.
The depositary for Ress Life Investments A/S is Nykredit Bank A/S. The administrator is Citco Denmark ApS, which is part of the Citco Group. The independent board consists of three members with extensive experience from the financial markets. Ress Life Investments A/S is audited annually by Deloitte.
Ress Life Investments A/S is admitted to trading and official listing on Nasdaq Copenhagen. The company’s short name is RLAINV, ISIN DK0060315604. Current prices can be found under the segment – Alternative Investment Funds on NasdaqOMXNordic.
Danish retail investors and professional investors, as defined by the European Union’s MIFID directive, may also subscribe for shares on a monthly basis at the company’s current net asset value per share.
