Alternative Asset Opportunities : TLI – results

Alternative Asset Opportunities (which used to be known as US Traded Life Interests Fund) saw its net asset value fall from 48.5p to 45.9p over the six months ended 31 December 2013. The fall was largely the result of adverse exchange rate movements.

The Board say that policy maturities during this period have been sufficient to fund all outgoings until July 2014 and the Board is now considering returning some cash to shareholders but has not yet settled on how best to do this.

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