The Fund Advantage

Tax Compliance

During the course of the development of the asset class the tax treatment of life settlements has changed. In May 2009 the IRS gave clarity to the issue. Accordingly Fortress has set up a Fund structure in Luxembourg, that is both Regulated and tax transparent, yielding a system which mitigates the withholding tax risk. Fortress has removed ambiguity and brought clarity to the tax issue.

Regulation and Transparency

The Fund is a completely transparent Regulated Fund. Regulation is a vital part of an investment process. The proper regulatory environment will add value and oversight to the investment fund, as well as proper and extensive reporting. The Fund promotes transparency in all functions and creates independent processes, with checks and balances, mandated by Regulation. Finally, The Fund uses regulated approved key service providers for all oversight roles, such as valuation, accounting, administration, custodian and compliance.

Mark to market Asset Valuation

In recent financial times mark to market valuation systems have become an extremely important issue. The best way to ensure that investors are truly receiving current prices is to mark assets to market. The Fund marks to market on a monthly basis which provides fairness, accurateness and comfort to investors.