- PRIVATE INVESTORS
What is the Objective of the MVP Premium Fund?
The MVP Premium Fund aims to achieve superior risk-adjusted returns in the region of 10% per year by limiting volatility and correlation to traditional asset classes. Further, the Premium Fund offers easier access, with low investment levels, to investments with high barriers to entry.
What Does the MVP Premium Fund Invest In?
The MVP Premium Fund is an insurance oriented alternative investment fund investing in the life insurance premium finance and life settlement space. Generally, underlying funds provide finance to sub-underlying premium finance and life settlement funds based in the US. Returns to the underlying fund(s) are generated by way of monthly interest paid or accrued by the sub-underlying fund, thus the MVP Premium Fund is not directly exposed to the associated risks of the life settlement market itself.
More Information
The MVP Premium Fund is available in three share classes - USD, GBP and Euro.
For more information regarding this product, please review the documents available in download format including the current monthly performance report, fund presentation, offering memorandum and subscription documentation.
Alternatively, the fund´s latest $/USD price/NAV can be viewed on Bloomberg under ticker symbol MVPPREU GU (ISIN code GG00B41R8X66). The GBP (Sterling) class shares can be viewed under ticker MVPPREG GU (ISIN code GG00B41R5P77) and the €/Euro class shares can be viewed under ticker MVPPREE GU (ISIN code GG00B3ZVXF44).
Investing in the Fund through an Offshore Bond Provider
The MVP Premium Fund has been approved by the following life offices:
| AEGON Scottish Equitable International | www.aegonsei.ie |
| Prudential International | www.pruadviser.co.uk |
| CMI Insurance Company Limited | www.offshore.clericalmedical.com |
| Generali International | www.generali-gi.com |
| Irish Life International | www.irishlifeinternational.com |
| Le Mondiale Europartner | www.lamondialeeuropartner.lu |
| Lombard | www.lombard.lu |
| Canada Life International | www.canadalifeint.com |
| Legal & General International (Ireland) | www.legalandgeneralinternational.com |
Investing in the Fund through a Custodian
IRA, 401k and any other tax exempt investors can invest in the fund through one of the following:
www.fidelity.com
www.Schwab.com
www.tdameritrade.com
www.pensco.com
www.fiserviss.com
www.mtrustcompany.com
Please note that none of these custodians have sponsored MVP Asset Management (USA) LLC or the MVP Premium Fund in any way, nor have they reviewed and researched the fund in any respect in terms of making any kind of investor recommendation. Simply, they are custodians that will hold your investment on your behalf (should you become a client of theirs). As a custodian, each of the aforementioned companies has reviewed the MVP Premium Fund to ensure that the product is compliant with US law in respect to eligibility for retirement account investment.
| Service Providers for the MVP Premium Fund | |
|---|---|
| Banker/Custodian | Deutsche Bank International Limited www.db.com HSBC Bank plc www.hsbc.com |
| Fund Administrator | IAG, Guernsey www.iag.co.gg |
| Auditor | BDO Novus Limited www.bdo.com & www.bdonovus.com |
| Guernsey Law Firm | Collas Day www.collasday.com |
| UK Law Firm | Cummings Solicitors www.cummingslaw.com |
| USA Law Firm | Kleinberg, Kaplan, Wolff & Cohen, P.C. www.kkwc.com |
- MVP Premium Fund: Key Facts
- MVP Premium USD Fund
Monthly Fact Sheet - MVP Premium GBP Fund
Monthly Fact Sheet - MVP Premium EUR Fund
Monthly Fact Sheet - MVP Premium Fund Presentation
GBP, USD and EUR Shares - MVP Premium Fund Q & A:
Investment Process - MVP Premium Fund Q & A:
Life Insurance Cycle - MVP Premium Fund Scheme
Particulars - MVP Premium USD Fund Cell
Particulars - MVP Premium GBP Fund Cell
Particulars - MVP Premium EUR Fund Cell
Particulars - MVP Premium Fund Application Form
- MVP Premium Fund Top Up Form
- USD Wire Details
- GBP Wire Details
- EUR Wire Details
- The above documents require Adobe Acrobat Reader. If you do not have the software already installed please click here to download. This service is free and should only take a few minutes.
- Type of Fund:
Guernsey Open-Ended Class B Fund
- Stock Exchange Listing:
To be applied for
- Investment Strategy: Premium Finance and Life Settlements
- Target Returns: 10% with low volatility and no correlation to traditional asset classes
- Share Classes: Retail Share Classes
- Currencies:USD, GBP and EUR (GBP and EUR are currency hedged share classes)
- Launch Date of Original USD Share Class: 1st September 2009
- Subscription and Redemptions: Monthly. Redemptions during the first 5 years will attract an early redemption charge of 5% during the 1st year reducing by 1% per annum. Redemption notice period is 60 days
- Fund Fees: Up to 5% deferred entry charge plus 1.9% Annual Management Charge and 12% performance fee based on high water mark (as from November 2009 onwards the performance fee has not been levied)
- Minimum Investment: Retail Share Classes: $10,000, £10,000 and €10,000


