Manager reports success for Assured’s traded life settlement fund

Traded life policy Assured Fund ‘has put rival investment classes into the shade’, says fund manager Policy Selection.
 

Traded life policy Assured Fund ‘has put rival investment classes into the shade’, says fund manager Policy Selection.
 
It claims that other popular investment alternatives have struggled to match the returns delivered by Assured Fund.
 
The table (below) demonstrates how Assured Fund has performed against several popular investment products typically recommended by IFAs, including a standard FTSE 100 tracking fund – the RBS FTSE 100 Tracker – which simply shadows the performance of this key indices.
 
An investor putting GDP10,000 into a standard FTSE 100 tracking fund – the RBS FTSE 100 Tracker – back on 1 January 2005, when Assured Fund started trading, would now be sitting on a loss with just £9,801 to show for their investment.
 
Policy Selection says that same GDP10,000 invested into Assured Fund’s Sterling Class B would be worth £14,484, reflecting growth of 50 per cent in just under four years.
 
It also says Assured Fund beats Invesco Perpetual’s High Income Fund and New Star’s Money Market Fund.
 
PSL’s finance director Andrew Walters says: "If investors need any more convincing about the role of a traded life policy in their portfolio, then surely this is the evidence. The latest Bank of England base rate cut, down to just two per cent, means that the outlook for the medium to longer term for savers is exceptionally bleak. The possibility of equities making any meaningful recovery before at least 2010 will also cause headaches for those who have previously relied on income from their portfolios.’