Investment Strategy
Objectives and focus
Ress Capital manages the alternative investment fund, Ress Life Investments A/S (the Fund). The Fund’s objective and investment strategy is to invest in securities ensuring an exposure to the secondary market for US life insurance policies. The aim is to maintain a balanced portfolio of life insurance policies that will offer investors’ attractive and uncorrelated returns over time in a sustainable manner.
A focus for the business is to act in a responsible and prudent manner. The company values honesty, openness, and high ethical standards in business relationships. The company shall respect human rights, denounce corruption, bribery, and payoffs, as well as money laundering. The company shall also strive to create good health and well-being regardless of whether this pertains to their employees, customers, owners, or other stakeholders.
Ress Capital shall comply with applicable legislation and international conventions on all markets where the company is active. The company shall comply with environmental legislation, agreements, safety requirements and other binding requirements and regulations.
EXCLUSIONARY SCREENING
The fund Ress Life Investments excludes, from the investment universe, life insurance companies, sectors, or countries involved in activities that do not align with the moral values and ethics of investors, or with global standards that are linked to international conventions on human rights, labor law, the environment, and the fight against corruption.
IMPACT INVESTING
The fund Ress Life Investments and the fund management company Ress Capital only invest through counterparties who are registered and authorized according to the state legislation in the state where the transaction takes place.
Ress Capital premieres business with service providers who support improved transparency in the secondary market for US life insurance policies. Furthermore, Ress Capital is active in promoting and supporting investor initiatives aiming at improving the consumers’ rights when selling their life insurance policies. To enable the individual household to make an informed decision, it is important that the sales process is transparent.
Ress Capital is an active member of the trade organisations ILMA (Institutional Longevity Markets Association) and ELSA (European Life Settlement Association) that support such initiatives.
TRANSPARENCY
Investor relationship and client needs is a key aspect when conducting business for Ress Capital. A high degree of transparency, dialogue and clarity guides Ress Capital’s relationship with its customers. Complaints procedures and investor support should be efficient, thorough, and handled with professionalism.
Proportion of investments in ESG and non-ESG assets
Ress Life Investments holds assets of three kinds; 1) US life insurance policies, 2) US Treasury bills, and 3) cash deposited with US and European Union banks. The proportion of US life insurance policies in our product is approximately estimated to be 85-95 percent of the total portfolio assets. The part of our portfolio that consists of US life insurance policies will consequently have to fulfill the sustainability criterias defined.
Holdings in US Treasury bills and cash are for liquidity management purposes only.
The fund does not consider the EU Taxonomy, as the asset class is not in scope of the EU Taxonomy, nor are the companies who are counterparties to Ress Life Investments A/S in scope of Taxonomy reporting. The total turnover from Taxonomy aligned activities is thus 0%.
