USD Money Market Fund

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 February 28, 2010.

Table represents annualized yield.
7 Day Yield0.08%
30 Day Yield0.07%
YTD Return0.01%
1 Year Return0.29%
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2010
0.11%
0.07%
-
-
-
-
----
-
-
2009
1.32%
1.01%
0.50%
0.59%
0.47%
0.41%
0.17%
0.20%
0.40%
0.32%
0.07%
0.11%
2008
4.42%
2.86%
2.54%
3.27%
1.81%
0.69%
1.69%
1.73%
2.26%
1.85%
1.96%
2.35%
2007
4.31%
4.89%
4.68%
4.75%
4.41%
4.51%
4.57%
4.38%
5.41%
5.31%
4.21%
4.33%
2006
3.97%
3.99%
4.20%
4.36%
3.99%
4.36%
4.35%
4.62%
4.72%
4.73%
4.74%
5.00%
2005
1.53%
1.91%
1.99%
2.15%
2.46%
2.49%
2.57%
2.98%
2.94%
3.17%
3.32%
3.50%
2004
0.49%
0.42%
0.33%
0.35%
0.26%
0.36%
0.72%
0.73%
0.91%
1.01%
1.14%
1.68%
2003
0.71%
0.98%
0.82%
0.55%
0.74%
0.62%
0.38%
0.28%
0.40%
0.35%
0.32%
0.37%
2002
1.76%
1.54%
0.99%
1.43%
1.47%
1.42%
1.22%
1.03%
1.14%
0.44%
1.17%
0.53%

 

Top 10 Holdings

Issuer
CouponMaturityWeighting
Lloyds TSB Bank (TLGP)Float04/01/112.77%
SunTrust Bank (TLGP)Float12/16/102.76%
Suncorp- Metway (TLGP)Float12/17/102.75%
Freddie MacFloat08/24/102.75%
Wells FargoFloat03/23/102.75%
City of Austin, TX VRDNFloat

05/15/24

2.75%
City of Greensboro, NC VRDNFloat04/01/222.75%
Met Trans Auth, NY VRDNFloat11/01/292.75%
New Hampshire Fin Aith VRDNFloat10/01/362.75%
Wisc Hsng Econ Auth VRDNFloat09/01/22

2.75%

* VRDN's have an option to put the bond back with 7 days notice

Current Monthly Strategy Allocation

 

Analytics (1 Year)


USD Money MarketPeer Group
Annualized Return
0.29%
NA
3 Year Annualized Return
2.20%
NA
Maximum Periodic Change
0.02%
NA
Minimum Periodic Change
0.00%
NA
Annualized Standard Deviation
0.05%
NA
Annualized Sharpe Ratio
2.75%
NA
Annualized Sortino Ratio
5.45%
NA
Volatility
0.03%
NA
Downside Risk
0.02%
NA
% Periods Up
100.00%
NA
Maximum Drawdown
0.00%
NA

 

Fund Manager:LOM Asset Management Limited
Portfolio Managers:Jon Heckscher, Grant Hopkins
Domiciled:Cayman Islands
Exchange:Bermuda Stock Exchange (BSX)
Inception Date:30th April 1998
Dealing Terms:Daily (5:30 AST)
Settlement Terms:Trade + 1
Management Fee:0.50%
Front / Back End Fees:Nil
ISIN:KYG556041054
Bloomberg Ticker:LOMMMFA KY
Sub-Custodian:UBS AG
Administrator:International Corporate Management of Bermuda Limited (‘ICMOB’)
Auditor:Marcum and Kliegman LLP
Investors should consider factors that may be relevant to their circumstances, including tax considerations, before making any investments. Please note that past performance of an investment, is not a guide to future performance. Investment return and principal value may fluctuate with changing market conditions. Products described herein, may involve greater risk. Please meet with your Investment Advisor to discuss your personal situation. Where appropriate, please review a prospectus to obtain a complete outline of the terms and risks associated with mutual fund investments.