Investing in 100% insurance-linked strategies across the globe
Leadenhall Capital Partners is a global asset management company focused on investing in insurance-linked investment portfolios.
Through its non-life investment strategies, Leadenhall offers institutional investors access to pure re-insurance risk, which has exposure to property losses from extreme natural catastrophes and other non-life insurable risks.
Established in 2008, the company boasts a highly skilled team, with its managing partners possessing over 250 years of collective experience in insurance and capital markets.
Leadenhall formed a distribution partnership with Bennelong Funds Management in 2024.
| Responsible Entity/Issuer | Bennelong Funds Management Ltd |
| Investment Manager | Bennelong Funds Management Ltd |
| Investment objective | The Fund’s investment objective is to seek to deliver risk adjusted absolute returns by investing in a portfolio of insurance linked securities through the Leadenhall UCITS ILS Fund PLC (the ‘Master Fund’). The Master Fund in turn invests in insurance linked bonds (being catastrophe bonds) and other permitted insurance linked investments, being preferred shares, closed-ended fund shares and exchange based derivatives (together ‘ILS’). |
| Investment strategy | The Fund intends to be fully invested into the Master Fund. At the Master Fund level, LCP will analyse the structural risks, the insurance linked risks, the underwriting risks and the market risks to which the particular ILS may be exposed. In its selection of the investments which are suited to meet the Master Fund’s investment objective, LCP will compare the outcome of its risk analysis with the expected return of the investment |
| Eligible investors | Wholesale Clients as defined by the Australian Corporations Act or Wholesale Investors as defined by the Financial Markets Conduct Act 2013 (New Zealand) |
| Minimum suggested investment timeframe | Five years |
| Fees and charges | Contact Client Experience for more information |
| Inception date | 4 April 2025 |
| Minimum investment amount | The minimum initial investment is $400,000 |
| Fund | |
|---|---|
| 1 Month | 1.13% |
| 3 Months | 1.75% |
| 6 Months | 2.82% |
| FYTD | 7.71% |
| 1 year | 7.71% |
| Since Inception p.a.* | 7.24% |
Performance figures are unhedged and are net of fees and expenses.
Past fund performance is not indicative of future performance.
*Inception date is 4 April 2025. Since inception figures are calculated on a p.a. basis.
| Application | 1.0633 |
| Redemption | 1.0591 |
| Effective date | 07/03/2026 |
Inception date: 4 April 2025
To download unit prices since inception, leave the date range blank and select download data.
All unit prices are in AUD. This information is issued by Bennelong Funds Management Limited (ABN 39 111 214 085, AFSL 296806) (BFML) in relation to the LCP Insurance Linked Securities Fund. The information provided is general information only. It does not constitute financial, tax or legal advice or an offer or solicitation to subscribe for units in any fund of which BFML is the Trustee or Responsible Entity (Bennelong Fund). This information has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, you should consider the appropriateness of the information based on your own objectives, financial situation or needs or consult a professional adviser. You should also consider the relevant Information Memorandum (IM) and or Product Disclosure Statement (PDS) which is available on the BFML website, bennfundsmanagement.com.au, or by phoning 1800 895 388. BFML may receive management and or performance fees from the Bennelong Funds, details of which are also set out in the current IM and or PDS. BFML and the Bennelong Funds, their affiliates and associates accept no liability for any inaccurate, incomplete or omitted information of any kind or any losses caused by using this information. All investments carry risks. There can be no assurance that any Bennelong Fund will achieve its targeted rate of return and no guarantee against loss resulting from an investment in any Bennelong Fund. Past fund performance is not indicative of future performance. Canopy Investors is a Corporate Authorised Representative of Bennelong Funds Management Limited (BFML), ABN 39 111 214 085, Australian Financial Services Licence No. 296806.
| 30 June 2026 distribution CPU (cents) | 1.6789 |
| CUM distribution exit price ($AUD) | 1.0758 |
| Ex distribution exit price ($AUD) | 1.0591 |
| Ex distribution NAV price used for reinvestment ($AUD) | 1.0612 |
| CUM prices available | 6/07/2026 |
| CPU distribution rate available | 2/07/2026 |
| Ex prices available | 6/07/2026 |
| Payment of cash distribution | 7/07/2026 |
| Distribution statements sent to unitholders | 7/07/2026 |
| Transaction statements sent to unitholders | 7/07/2026 |
| Tax statements sent to unitholders | 20/07/2026 |
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