The Leland Family of Funds, in conjunction with Thomson Reuters, has launched the Leland Thomson Reuters Venture Capital Index Fund which, as its name suggests, tracks the Thomson Reuters Venture Capital Index.
Launched in October, 2012, the Thomson Reuters Venture Capital Index is an investable index that tracks the performance of individual US venture capital-backed private companies via liquid, publicly traded assets. It utilises economic factors and market indicators to calculate optimal asset weights across a number of sectors and modifies the portfolio over time to reflect changes in the US venture capital universe.
"Historically, sophisticated institutional investors have been the only market participants able to gain meaningful access to venture capital investments, which are expensive, illiquid and require high minimum investments," says Chief Investment Officer and Portfolio Manager Neil Peplinsk (pictured)i. "The Leland Thomson Reuters Venture Capital Index Fund addresses these issues and provides investors with less expensive, more liquid exposure to the potentially strong returns typically associated with the traditionally hard-to-access venture capital asset class."
Since inception (2 October, 2014), the Fund has generated net-of-fee performance of 7.41 per cent (A share), 1.81 per cent (A share w/load) as of 30 September, 2015. For 2015, through September, the Fund has generated net-of-fee performance of -0.60 per cent (A share) and -5.78 per cent (A share w/load).
