Life Settlement Assets Plc · LSE:LSAA
Life Settlement Assets — Shareholder Meeting (June 2019)
13 slides from Life Settlement Assets's shareholder meeting presentation, June 2019
Slide 1: AGM Presentation
AGM Presentation June 2019
Slide 2: Disclaimer
Disclaimer This document and the information contained herein have been prepared solely for the purpose of providing general information about Life Settlement Assets PLC (the " Company") and its operations. This document is not to be used for any other purpose and in particular does not purport to p
Slide 3: Agenda
Agenda 1. Investment overview 2. Financial highlights 3. Portfolio composition 4. Maturity updates 3
Slide 4: 1. Investment Overview
1. Investment Overview Principal Activity The principal activity of the Company is to manage portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States. The life settlement market enables individuals to sel
Slide 5: The Investments
The Investments The Company’s investment objective is to generate long-term returns for investors by investing in the life settlement market. We seek to achieve this through each of our separate Share Classes: • Ordinary A Share Class (“LSAA”) invests in life insurance policies acquired from special
Slide 6: 2. Financial Highlights
2. Financial Highlights Share Class LSAA LSAB Dates 01/01/2018-31/12/2018 01/01/2019- 01/01/2018-31/12/2018 01/01/2019- 30/04/2019 30/04/2019 Shares in Issue 45,446,946 45,446,946 14,596,098 14,596,098 Net assets USD 91,649,093 USD 98,243,238 USD 16,150,211 USD 15,196,291 attributable to shareholder
Slide 7: Financial Highlights
Financial Highlights Share Class LSAD LSAE 01/01/2018-31/12/2018 01/01/2019-30/04/2019 01/01/2018-31/12/2018 01/01/2019-30/04/2019 Shares in Issue 9,292,561 9,292,561 1,733,269 1,733,269 Net assets USD 11,590,732 USD 12,609,437 USD 8,246,887 USD 9,523,673 attributable to shareholders NAV per share U
Slide 8: 3. Portfolio Composition (as at 31/12/2018)
3. Portfolio Composition (as at 31/12/2018) HIV and Non-HIV Exposed Policies (values in USD) LSAA HIV Non-HIV Total Number of policies 4,362 211 4,573 Total face value 383,257,821 100,936,850 484,194,671 LSAB HIV Non-HIV Total Number of policies 0 109 109 Total face value n/a 49,048,273 49,048,273 L
Slide 9: Share Class A
Share Class A Distribution by Death Benefit Amount(1) Distribution by Age (USD) 2,500 2,000 HIV HIV 2,000 1,500 Non-HIV Non-HIV 1,500 1,000 1,000 500 500 #of policies #of policies 0 0 0-50k 50-100k 100-200k 200-300k 300k+ 30-39 40-49 50-59 60-69 70+ FaceAmount ($USD) Age Group Distribution by IssueD
Slide 10: Share Class B
Share Class B Distribution by Age(1) Distribution by Death Benefit Amount(2) (USD) 80 35 40 Number of policies 60 30 60 Death Benefit ($M) 30 25 20 40 34 20 15 10 20 10 10 7 5 #of policies 0 - 0 <70 70-79 80-89 90+ 0-125k 125k- 250-500k 0.5 -1M 1-2.5M 2.5M + 250k Age Group FaceAmount ($USD) Distribu
Slide 11: Share Class D
Share Class D Distribution by Age Distribution by Death Benefit Amount(1) 250 350 (USD) HIV 300 HIV 200 Non-HIV 250 Non-HIV 150 200 100 150 100 50 50 #of policies #of policies 0 0 30-39 40-49 50-59 60-69 70-79 80-89 90+ 0-50k 50-100k 100-200k 200-300k 300k+ FaceAmount ($USD) Age Group Distribution B
Slide 12: Share Class E
Share Class E Distribution by Death Benefit Amount(1) Distribution by Age 350 (USD) 250 300 HIV HIV 200 Non-HIV 250 Non-HIV 150 200 150 100 100 50 50 #of policies #of policies 0 0 0-50k 50-100k 100-200k 200-300k 300k+ 30-39 40-49 50-59 60-69 70-79 80-89 90+ FaceAmount ($USD) Age Group Distribution B
Slide 13: 4. Maturity Updates
4. Maturity Updates 01/01/2018 -31/12/2018 Share Class LSAA LSAB LSAD LSAE USD 6,817,876 N/A USD 466,348 USD 226,051 HIV USD 14,007,664 USD 5,242,275 USD 3,253,027 USD 2,763,041 Non-HIV USD 20,825,540 USD 5,242,275 USD 3,719,375 USD 2,989,092 Total 01/05/2018 - 30/04/2019 Share Class LSAA LSAB LSAD
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