Wealth & Finance International - Fund Awards 2015

www.wealthandfinance-intl.com 55 LAUREOLA INVESTMENT FUND: Dedicated to Life Settlements Best Credit Investor - Europe The fund, regulated by The Bermuda Monetary Authority offers an Investment minimum of $100,000, with follow up investment of $25,000. Company: Laureola Advisors Email: [email protected] Web Address: www.laureolaadvisors.com Address: 30 de Castro Street Road Town British Virgin Islands VG1110 The news has recently been negative from equity markets around the world. The S&P 500 was down another 2%, the FTSE All-World Index in now at a two year low, and the FTSE Emerging Index is down 21% in the past three months. Most Hedge Funds also lost money, with some of the more popular ex- amples down the most. Greenlight Capital ($11bn per aum) was down 17% in September; Third Point ($17bn per aum) was down 4% for the month; Pershing Square ($14bn per aum) was down double digits over the summer. Overall, the industry had its worst month since the 2008 crisis. There does not appear to be much “hedge” in most Hedge Funds, nor much “alternative” in most Alternative Funds. While investors must be resigned to losing money on their stock portfolios when markets decline, they have been promised some combination of absolute returns, non-correlation, and superior risk control from Hedge Funds, making these losses even harder to swallow. Independent investors looking for a genuinely alternative source of re- turns - in a truly non-correlated asset class - are increasingly allocating to Life Settlements such as the Laureola Investment Fund. This is because the Life Settlement markets are still healthy, with increasing support from US legislators. AAP reported an increase in the average IRR last month, although much of the increase was due to a different mix of polices than usual. The IRR was 20%, up from 17%. While this appears to be a significant difference, it must be seen in the context that it is only an average; policies regularly trade in a wide range between 12% and 25%. The Georgia State Legislature has introduced “Consumer Disclosure” legislation which would force Life Insurance companies to inform their customers of the option of Settling their unwanted and unneeded policies. The insurance companies are opposing the regulation, but, if it passes, Georgia will be the 8th State to make Life Settlement Consumer Dis- closure compulsory, which both protects consumers and increases the supply of attractive policies for investors. The Fund gained 0.8% in September and is up 17.0% ytd, surpassing the target return of 15%, as it has in every year since inception. Double digit performance, combined with moderate risk, is an attractive combination that most investors will find acceptable. The added bonus with the Laureola Fund is that their investors have enjoyed this risk/ return combination in 2015, when most other Funds lost money. The Fund continues to attract capital, and the Investment Advisors have been able to put this capital to work buying some very attractive assets. Three more policies were added in September, bringing the total number currently held to 27. The future value of the assets is now $15ml, five times the current value of $3ml. The Fund has more cash to invest, and will continue to be selective. The purchase of each policy is an extensive process that takes weeks from beginning to end, and sometimes months. This long and often inefficient process can at times be frustrating for both investors and asset managers, but it does provide important benefits: it keeps the more speculative capital and the “big players” out of the game, thereby protecting future returns. The Laureola Fund continues to be an attractive option for investors with a 3 year time horizon. It has the proven ability to generate double digit returns, and to do it when others can’t, with the fund’s investors able to look forward to many years of stable returns.