Money Market Fund (GBP)

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 Yield4.28%
30 Day Yield5.35%
YTD Return1.74%
Annualized ReturnN/A
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2008
7.30%
4.35%
3.82%
5.35%
-
-
-
-
-
-
-
-
2007
-
-
-
-
-
-
-
-
-
4.17%
5.80%
4.86%

 

Top 10 Holdings



Issuer
Maturity
Fidelity Inst. GBP Fd.Overnight
UK Treasury Bill6/2/2008
Finland Govt. Intl. Bond6/22/2008
UK Treasury Bill5/6/2008
Landwirtschaftliche R.bk.6/6/2008
Landesbank Baden6/30/2008
Allstate Life Funding LLC7/18/2008
BG Energy Capital6/20/2008
GE Capital UK Funding8/10/2009
Tesco PLC6/13/2008

Current Monthly Strategy Allocation

 

Analytics (1 Year)


GBP Money MarketPeer Group
Annualized Return
n/a
4.22%
3 Year Annualized Return
n/a
3.48%
Maximum Periodic Change
0.38%
0.22%
Minimum Periodic Change
0.00%
-0.15%
Annualized Standard Deviation
n/a
0.33
Annualized Sharpe Ratio
n/a
n/a
Annualized Sortino Ratio
n/a
n/a
Volatility
0.13%
0.55%
Downside Risk
0.09%
0.39%
% Periods Up
100.00%
98.25%
Maximum Drawdown
0.00%
-0.20%

 

Fund Manager:LOM Asset Management Limited
Portfolio Manager:Jon Heckscher
Domiciled:Cayman Islands
Exchange:Bermuda Stock Exchange (BSX)
Inception Date:September 1st, 2007
Dealing Terms:Mon, Wed, Fri (5:00AST)
Settlement Terms:Trade + 1
Management Fee:0.50%
Front / Back End Fees:Nil
ISIN:KYG556041476
Bloomberg Ticker:LOMMMFD KY
Sub-Custodian:UBS AG
Administrator:International Corporate Management of Bermuda Limited (‘ICMOB’)
Auditor:Marcum & Kliegman LLP