Absolute Return Fund I

What Sets Us Apart

It all started with one simple, yet powerful idea: purchasing life insurance in the secondary and tertiary markets at a discount that can produce high returns. The advantage of this transaction, known as a life settlement, is that it provides an opportunity for attractive returns even in turbulent market conditions. Today, the Luxembourg Life Funds are open to investors who want access to the secondary life insurance market, with medium- to long-term strategies and minimal correlation to traditional asset classes or financial markets.

Fund Strategy

The Absolute Return Fund is a 10-year closed-end structure whose strategy is to purchase carefully selected life insurance policies that are beyond the contestability period. Unlike for an open-end structure, these are mainly sourced through tertiary markets, although also complemented through some of the secondary market transactions.  More mature tertiary market life settlements acquired in larger blocks allow for the highest speed of redeployment, ensuring economies of scale and minimizing cash drag. The Fund seeks to build a large diversified portfolio across numerous sectors, including but not limited to carrier concentration, expected maturities, gender, age, medical impairment, geography and face value size. In order to properly implement a buy and hold strategy, the fund seeks to isolate mortality risk and build a large sample size. Since majority of policies are held through maturity, the managers employ extremely detailed actuarial and financial analysis to ensure that policies purchased are accounted for longevity risk as well as other variables of the statistical profile. That implies that policy selection process and pricing depend on actuarial analysis. Policies are carried at cost on a quarterly basis and reconciled mark to market on an annual basis. The Management Company in its sole discretion may sell policies to monetize returns once it feels that the market conditions are optimum.  All net returns are distributed back to the investors on a quarterly basis, as there is no reinvestment. The Absolute Return Funds provide investors with a closed-end fund investment option into life settlement with nearly no correlation.

How to Invest?

To invest within any of the sub-fund within the Luxembourg Life Funds is simple and straightforward. Please request any of our prospectuses and additional investor information on life settlements and mortality linked investments.

Complete our Information Request Here

Please, call Carlisle Management Company registered office in Luxembourg:

+ 352.268.4.53.59
info@cmclux.com

Contact Us

We offer unique options to a diverse range of investors.