Management Style (USD)

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.

LOM Money Market Regulatory Information

  • Fund Performance

    All data as of: March 31, 2018.

  • At a glance

    7 Day Yield:0.01%
    30 Day Yield: 0.08%
    YTD Return: 0.26%
    Return Since Inception: 1.79%

Year Mar Jun Sep Dec
2018 0.26% % % %
2017 0.45% 0.40% 0.60% 0.08%
2016 0.21% 0.26% 0.19% 0.45%
2015 0.19% 0.00% 0.01% 0.08%
2014 0.01% 0.00% 0.08% 0.05%
2013 0.00% 0.00% 0.00% 0.02%
2012 0.03% 0.01% 0.10% 0.01%
2011 0.03% 0.00% 0.00% 0.00%
2010 0.04% 0.09% 0.02% 0.18%
2009 0.50% 0.41% 0.40% 0.11%
2008 2.55% 0.70% 2.26% 2.35%
2007 4.69% 4.52% 5.42% 4.34%
2006 4.21% 4.36% 4.72% 5.01%
2005 1.99% 2.49% 2.94% 3.51%

The table above shows figures based on a 30-day yield.

  • Top 10 Holdings (USD)

    Issuer Coupon Maturity Weighting
    C 6.125% 05/15/2018 4.33%
    BRK 5.4% 05/15/2018 4.32%
    MS Float % 01/24/2019 4.26%
    CBAAU Float % 03/15/2019 4.25%
    CS 1.7% 04/27/2018 4.25%
    AXP Float % 11/05/2018 4.25%
    HNDA Float % 07/13/2018 4.24%
    BARWAB Float % 05/03/2018 4.24%
    BMO Float % 04/09/2018 4.24%
    MUFG Float % 09/14/2018 4.24%
  • Monthly Strategy Allocation

  • Fund Information

    Item Value
    Portfolio Managers: Nan Wang, CFA; Bryan Dooley, CFA
    Exchange: Bermuda Stock Exchange (BSX)
    Inception Date: 30th April 1998
    Dealing Terms: Daily (5:00 AST)
    Settlement Terms: Trade + 1
    Management Fee: 0.50%
    ISIN/ Ticker: BMG556251756 / LOMMMFA BH
    Auditor: Deloitte
  • Analytics 1 Year

    Item Value
    Duration: 0.13
    Average Credit Quality: A+
    % Periods Up: 100.00%
    % Periods Down: 0.00%
    Maximum Drawdown: 0.00%
    Return Volatility: 0.05%
    Standard Deviation: 0.07%
    Semivariance: 0.03%

Considerations

Past performance is not indicative of future performance; as with any investment, the value of the fund may fluctuate and is not guaranteed. Performance is stated net of fees as of prior month end. A prospectus containing terms and conditions is available from the Fund Manager.

Licensed to conduct Investment Business by the Bermuda Monetary Authority.

Management Style (GBP)

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.

LOM Money Market Regulatory Information

  • Fund Performance

    All data as of: March 31, 2018.
  • At a glance

    7 Day Yield:0.01%
    30 Day Yield: 0.02%
    YTD Return: 0.03%
    Return Since Inception: 0.86%

Year Mar Jun Sep Dec
2018 0.03% % % %
2017 0.02% 0.02% 0.00% 0.02%
2016 0.14% 0.23% 0.15% 0.02%
2015 0.12% 0.12% 0.07% 0.21%
2014 0.00% 0.05% 0.04% 0.11%
2013 0.00% 0.00% 0.00% 0.00%
2012 0.35% 0.09% 0.00% 0.03%
2011 0.22% 2.04% 0.60% 0.75%
2010 0.54% 0.50% 0.71% 0.52%
2009 1.42% 0.40% 0.73% 0.72%
2008 3.83% 4.14% 5.58% 1.54%
2007 % % % 4.98%

The table above shows figures based on a 30-day yield.

  • Top 10 Holdings (GBP)

    Issuer Coupon Maturity Weighting
    C 7.625% 04/03/2018 25.39%
    GE 6.75% 08/06/2018 25.06%
    RBS 6.625% 09/17/2018 24.22%
    UBS 6.625% 04/11/2018 15.08%
    BAYNGR 5.625% 05/23/2018 9.95%
  • Monthly Strategy Allocation

  • Fund Information

    Item Value
    Portfolio Managers: Nan Wang, CFA; Bryan Dooley, CFA
    Exchange: Bermuda Stock Exchange (BSX)
    Inception Date: September 1st, 2007
    Dealing Terms: Mon, Wed, Fri (5:00 AST)
    Settlement Terms: Trade + 1
    Management Fee: 0.15%
    ISIN/ Ticker: BMG556251673/ LOMMMFD BH
    Auditor: Deloitte
  • Analytics 1 Year

    Item Value
    Duration 0.21
    Average Credit Quality A
    Downside Risk 0.01%
    % Periods Up 94.23%
    % Periods Down 5.77%
    Maximum Drawdown -0.01%
    Return Volatiltiy 0.02%
    Standard Deviation 0.02%
    Semivariance 0.01%

Considerations

Past performance is not indicative of future performance; as with any investment, the value of the fund may fluctuate and is not guaranteed. Performance is stated net of fees as of prior month end. A prospectus containing terms and conditions is available from the Fund Manager.

Licensed to conduct Investment Business by the Bermuda Monetary Authority.

Management Style (CAD)

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.

LOM Money Market Regulatory Information

  • Fund Performance

    All data as of: March 31, 2018.
  • At a glance

    7 Day Yield:0.01%
    30 Day Yield: 0.06%
    YTD Return: 0.16%
    Return Since Inception: 1.72%

Year Mar Jun Sep Dec
2018 0.16% % % %
2017 0.21% 0.21% 0.39% 0.06%
2016 0.27% 0.19% 0.18% 0.21%
2015 0.25% 0.04% 0.05% 0.17%
2014 0.44% 0.42% 0.63% 0.45%
2013 0.04% 0.38% 0.49% 0.70%
2012 0.41% 0.41% 0.39% 0.23%
2011 0.71% 0.66% 0.73% 0.41%
2010 0.04% 0.13% 0.50% 0.77%
2009 0.68% 0.20% 0.12% 0.08%
2008 3.39% 2.47% 2.31% 1.66%
2007 3.58% 3.56% 4.07% 3.51%
2006 3.16% 3.45% 3.38% 3.35%
2005 1.77% 1.94% 2.04% 2.81%

The table above shows figures based on a 30-day yield.

  • Top 10 Holdings (CAD)

    Issuer Coupon Maturity Weighting
    BMO 6.02% 02/09/2017 12.42%
    CADF 3.64% 01/11/2017 12.28%
    NAVCAN 1.949% 04/19/2018 12.19%
    BNS 1.33% 05/01/2018 12.15%
    RY 3.77% 03/30/2018 12.08%
    TD 2.171% 04/02/2018 12.08%
    CM 1.7% 10/09/2018 4.87%
  • Monthly Strategy Allocation

  • Fund Information

    Item Value
    Portfolio Managers: Nan Wang, CFA; Bryan Dooley, CFA
    Exchange: Bermuda Stock Exchange (BSX)
    Inception Date: 30th April 1998
    Dealing Terms: Daily (5:00 AST)
    Settlement Terms: Trade + 1
    Management Fee: 0.50%
    ISIN/ Ticker: BMG556251426/ LOMMMFB BH
    Auditor: Deloitte & Touche
  • Analytics 1 Year

    Item Value
    Duration 0.13
    Average Credit Quality AA-
    Downside Risk 0.01%
    % Periods Up 100.00%
    % Periods Down 0.00%
    Maximum Drawdown 0.00%
    Return Volatility 0.04%
    Standard Deviation 0.07%
    Semivariance 0.04%

Considerations

Past performance is not indicative of future performance; as with any investment, the value of the fund may fluctuate and is not guaranteed. Performance is stated net of fees as of prior month end. A prospectus containing terms and conditions is available from the Fund Manager.

Licensed to conduct Investment Business by the Bermuda Monetary Authority.

In-House Money Market Funds

  • Offshore Money Market Funds
  • Liquid, safe and flexible investment fund to put your money
  • Denominated in three currencies (USD, CAD & GBP)
  • Long, conservative and safe track record
  • No sub-prime or asset backed paper
  • Daily or tri-weekly redemptions and subscriptions; easily executed through your account
  • Good alternative to Bank deposits or CDs
  • No transaction fee
  • Managed in-house

LOM manages three Money Market Funds.  These Funds are denominated and invest in US Dollars securities, Canadian Dollar securities, and Sterling pound securities.  All funds are conservatively managed and have a superior long term track record.   LOM’s money market funds provide investors with a safe place to hold easily accessible short term cash-equivalent assets.

All of the LOM Money Market Fund classes are highly liquid, very stable investments that seek to limit exposure to losses from credit market fluctuations and reduced liquidity. 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.  Strict guidelines are followed in terms of the quality, maturity and diversity of the securities which Funds may hold. This includes only very safe, high liquidity instruments such as short term bonds, repurchase agreements, commercial paper.  LOM’s investment team are experienced and have conservatively managing the nuinces of an offshore money market over the last twenty years.

Money Market funds are a type of cash alternative mutual fund characterized as a safe, very liquid, low-risk investment. Money markets invest in short-term (usually less than twelve months) debt securities such as Government treasuries and commercial paper. Money market funds are widely regarded as being as safe as bank deposits yet may provide greater diversification and a higher yield.

Money markets can be an integral part of a diversified investment portfolio or a place to park short term cash that may be needed in the near future. Money markets may be a good, liquid investment in a rising rate environment as part of a diversified portfolio.  All LOM Money Market Funds are listed on the Bermuda Stock Exchange.

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