Published on 22 Apr 2008
Fund Investing
In a fund or portfolio of Traded Life Policies (TLP’s) or US Senior Life Settlements the question is always how accurate are the life expectancy estimates. It is after all these estimates that provide the returns that an investor enjoys – well on paper that is! If they are found to be too short then the returns trumpeted by the manager will be high in the early years fading away as the maturities do not arrive as anticipated. If too long then the reverse could well be true with the long term investor being paid out significantly more than his counterpart who invested for the short term.
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