Management Style

The Fund intends to achieve its Investment Objective by investing in global securities which typically have the following characteristics:

- Pay regular dividend and/or interest payments;
- Achieve higher than average yields;
- Provide individual security and overall portfolio dividend yield (or yield to worst in the case of fixed income products) above the S&P 500 average dividend yield;
- Provide sufficient cash flows to the Fund to cover dividend payments made by the Fund.

The Fund will typically hold about 30 securities, although this may fluctuate depending on market conditions.

Uninvested cash may be invested by the Fund in the LOM Money Market Fund Ltd.

Dividends and interest received in respect of a security investment may be reinvested in the same security, invested into other securities, or held as cash depending on market conditions.

The benchmark for the Fund's performance is 50% Dow Jones Global Dividend Select Index and 50% S&P Preferred Stock Index.

Dividends and interest payments to the Fund may be subject to a withholding tax at source.
Securities can be purchased in any currency. The Fund may enter into back-to-back currency borrowing or utilize derivatives such as forwards, futures, options and other derivatives to hedge against currency fluctuations, but there can be no assurance that such hedging transactions will be effective or beneficial.

LOM Stable Income Fund Regulatory Information

  • Fund Performance*

    All data as of: September 29, 2017. *Published returns are inclusive of the monthly dividend payment.

  • At a glance

    Year to Date Return: 8.68%
    Dividend: $0.03 Monthly (reviewed annually)
    Dividend Yield: 3.23%
    1 Month Return: .86%
    Return Since Inception: 37.85%

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2017 1.97% 1.79% 0.38% .37% .18% 0.27% 1.16% -0.57% 0.86% % % % 1.97%
2016 -2.48% 0.09% 4.03% 1.35% 1.30% -0.47% 3.54% 0.45% -0.89% -1.59% -1.94% 0.79% 4.02%
2015 -0.62% 2.41% -1.74% 1.83% -1.12% -1.18% -1.34% -4.27% -1.95% 3.68% -0.17% -1.07% -5.54%
2014 -0.98% 3.17% 1.32% 0.91% 2.31% 1.29% -0.05% 0.86% -1.71% -0.43% 0.09% 1.26% 7.81%
2013 2.94% -0.06% 1.92% 1.92% -2.21% -3.02% 1.06% -2.82% 2.61% 2.99% -0.96% -0.16% 5.24%
2012 3.10% 2.14% -0.19% 0.38% -3.35% 3.58% 2.01% 0.85% 1.10% -0.45% -0.56% 0.66% 9.43%
2011 % % % % % % % -1.30% -2.53% 5.51% -5.42% 4.58% 1.60%
  • Top 10 Holdings

    Issuer Weighting
    iShares Core High Dividend ETF 2.49%
    iShares Select Dividend ETF 2.14%
    First Trust DJ Global Select Dividend 1.81%
    EBAY 6 02/01/56 1.81%
    AFSI 7 ¼ 06/15/55 1.75%
    Spectra Energy Partners LP 1.69%
    ASX 5.5 12/31/49 1.67%
    C Float 10/30/40 1.55%
    PRE 7 ¼ 12/31/49 1.52%
    DB 8.05 12/31/49 1.47%
  • Monthly Strategy Allocation

  • Fund Information

    Item Value
    Sharpe Ratio: 0.97
    Standard Deviation: 5.44%
    % Periods Up: 57.69%
    % Periods Down: 42.31%
    Downside Risk: 4.18%
    Asset Class Focus: Balanced
    Geographic Focus: Global
  • Analytics 1 Year

    Item Value
    Portfolio Manager: Bryan Dooley, CFA
    Inception Date: 27th July 2011
    Dealing Terms: Friday (5:00 AST)
    Settlement Terms: Trade + 3
    Management Fee: 1.50%. Sales fee may apply
    ISIN: BMG556251830
    Bloomberg Ticker: LOMSTAB BH
    Benchmark: 50% Dow Jones Global Select Div

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.

Investment Objective

The investment objective of the Fund is to generate premium returns over a full market cycle and protect the purchasing power and principal of the Fund while providing high levels of current income through the purchase of attractively valued, higher‐yielding securities.

LOM Stable Income Fund Manager’s Report Q3 2017

LOM Stable Income Fund Manager’s Report Q2 2017

LOM Stable Income Fund Manager’s Report Q4 2016

LOM Stable Income Fund Continues to Outperform

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