Money Market Fund (EUR)

Investment Objective

To preserve capital and liquidity while providing, through active management, a return in line with short-term money rates of the relevant currency.

Management Style

Management monitors macroeconomic indicators to project short-term interest rate trends. Average portfolio maturity is adjusted to be consistent with interest rate forecasts; shortened if rates are projected to trend higher and lengthened if rates are projected to fall.

Fund Performance

All data as of April 30th, 2008.

Table represents annualized yield.
7 Day Yield2.90%
30 Day Yield4.01%
YTD Return1.15%
Annualized Return3.39%
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2008
2.65%
2.85%
3.39%
4.01%
-
-
-
-
-
-
-
-
2007
2.79%
3.82%
3.92%
3.78%
3.51%
3.77%
3.45%
3.02%
3.92%
3.83%
3.46%
2.40%
2006
1.78%
1.61%
2.02%
2.19%
2.05%
2.13%
2.10%
2.24%
2.45%
2.45%
2.84%
2.59%
2005
1.38%
1.30%
1.35%
1.42%
1.42%
1.50%
1.53%
1.31%
1.44%
1.47%
1.45%
1.30%
2004
1.55%
1.38%
1.58%
1.17%
1.10%
1.55%
1.68%
1.42%
1.54%
1.58%
1.44%
1.08%
2003
2.75%
2.24%
2.05%
1.90%
2.01%
1.67%
1.33%
1.45%
1.50%
1.39%
1.36%
0.79%
2002
2.51%
2.74%
3.10%
2.86%
2.87%
3.14%
2.77%
2.97%
2.20%
2.66%
2.97%
2.55%
2001
5.07%
4.30%
3.88%
3.75%
4.30%
4.34%
3.92%
4.59%
4.07%
3.24%
3.63%
2.66%

 

Top 10 Holdings



Issuer
Maturity
MBNA Europe Funding PLC6/26/2008
French Treasury Note BTAN7/12/2008
Suncorp-Metway Ltd10/20/2008
BMW Japan Finance Corp9/22/2008
Hellenic Republic Gov Bond6/21/2008
Intl. Lease Fin. Corp11/12/2008
ENI Coordination SA5/12/2008
Intl. Lease Fin. Corp11/12/2008
National Australia Bank8/5/2008
Bundesschatzanweisungen6/13/2008

Current Monthly Strategy Allocation

 

Analytics


EUR Money MarketPeer Group
Annualized Return
3.44%
2.43%
3 Year Annualized Return
2.63%
2.41%
Maximum Periodic Change
0.12%
0.30%
Minimum Periodic Change
0.00%
-0.79%
Annualized Standard Deviation
0.15
0.85
Annualized Sharpe Ratio
n/a
n/a
Annualized Sortino Ratio
n/a
n/a
Volatility
0.14%
1.28%
Downside Risk
0.11%
0.64%
% Periods Up
100.00%
89.76%
Maximum Drawdown
0.00%
-1.48%

 

Fund Manager:LOM Asset Management Limited
Portfolio Manager:Jon Heckscher
Exchange:Bermuda Stock Exchange (BSX)
Inception Date:8th June 1999
Dealing Terms:Mon, Wed, Fri (5:00 AST)
Settlement Terms:Trade + 1
Management Fee:0.50%
Front / Back End Fees:Nil
ISIN:KYG556041393
Bloomberg Ticker:LOMMMFC KY
Sub-Custodian:UBS AG
Administrator:International Corporate Management of Bermuda Limited (‘ICMOB’)
Auditor:Marcum & Kliegman LLP