This life settlement fund posted a solid February return as markets crashed

Laureola QP Fund, which is dedicated to life settlements, returned 1.1% for February, bringing its year-to-date return to 2.1%. The fund returned 10.5% in 2019.

Stability in the life settlement markets

In their March letter to investors, which was reviewed by ValueWalk, Laureola management said the life settlement markets were "relatively calm" last month as deals were closed. Closing IRRs were in the "usual" range.

They note that assets increase and decrease in value, depending on liquidity in the market, and the same thing could happen in the life settlement market. However, any price decline would be good news for buyers. They add that...