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 $400,000 |
| Fund | |
|---|---|
| 1 Month | 0.94% |
| 3 Months | 2.31% |
| 6 Months | - |
| FYTD | 1.28% |
| 1 year | - |
| Since Inception a.r.* | 2.53% |
Performance figures are unhedged and are net of fees and expenses.
Past fund performance is not indicative of future performance.
*Inception date is 4 April 2025. Since inception absolute return (a.r.) represents total investment returns calculated from the fund's inception date.
| 30 June 2025 distribution CPU (cents) | N/A |
| CUM distribution exit price ($AUD) | 1.0103 |
| Ex distribution exit price ($AUD) | N/A |
| Ex distribution NAV price used for reinvestment ($AUD) | N/A |
| CUM prices available | 9/07/2025 |
| CPU distribution rate available | 17/07/2025 |
| Ex prices available | 18/07/2025 |
| Payment of cash distribution | 22/07/2025 |
| Distribution statements sent to unitholders | 22/07/2025 |
| Transaction statements sent to unitholders | 23/07/2025 |
| Tax statements sent to unitholders | 28/07/2025 |
