Argent Fund
Argent Fund is a micro longevity fund of funds investing in a cross section of life settlement funds with different risk profiles. It has two open longevity classes:
DMS Diversified and
DMS Enhanced.
Key facts
| Fund launch date: |
24th October 2003 |
| Domicile: |
Cayman Islands |
| Dealing date: |
Monthly on 1st |
| Year-end: |
February 28th |
| Currency available: |
EUR, GBP, USD |
| Minimum investment: |
$50,000 or currency equivalent |
| Redemption notice: |
3 months |
| Auditors: |
BDO Tortuga |
| Fund manager: |
Centurion Fund Managers Ltd. (authorised by the Cayman Islands Monetary Authority) |
| Fund investment advisor: |
Centurion Portfolio Managers Ltd (authorised and regulated by the Financial Services Authority (UK)) |
| Fund administrator: |
Centurion Administration Services Limited (Mauritius) (Authorised by the Financial Services Commission) |
| Custodian bank: |
Fairbairn Private Bank (IOM) Ltd. |
DMS Diversified
Argent DMS Diversified, which is now in its 6th year, is a longevity fund of funds that invests in a range of longevity funds, giving the investor access to a large and diverse pool of physical policies and other longevity assets. The fund aims to deliver uncorrelated net returns and also offers a 7% annual penalty free redemption. The fund is actively managed with the principal objective being to deliver consistent and equitable returns to all its investors.
DMS Enhanced
Argent DMS Enhanced, which is now in its 6th year, is a longevity fund of funds that invests in longevity funds with different risk profiles and in profit participation notes. The fund aims to deliver uncorrelated net returns with the added benefit of an enhanced initial allocation of 110% at the outset, and also offers a 5% annual penalty free redemption. The fund is actively managed with the principal objective being to deliver consistent and equitable returns to all its investors.