News & Views
Defensive by design
Our Defensive by Design note summarises the five defensive features that are built into the Levendi Thornbridge Defined Return fund. Click on the link below to download the full document. Defensive By Design
Levendi IFA fund summary
This document is a summarises the key benefits of the Levendi Thornbridge Defined Return Fund and the advantages of an investor holding it as part of a portfolio. Click on the link below to download the ...
Protecting against losses in the short term and long term
This note examines how the Levendi Thornbridge Defined Return Fund has performed since its launch at the start of 2018 and shows how the assets it holds have been designed to offer protection over the long ...

Focus on wealth preservation
We see losses as the main measure of risk, and so when we design products for the fund we aim to minimise the chance and scale of possible losses. Click on the link below to view our Wealth Preservation ...
Monetising the EIP using defined return investments
We have published a note that looks at the long term returns of a covered put strategy and compares this to the total return of the FTSE 100 Index. Our analysis shows that this covered put strategy offers ...
Research from Wilshire Analytics applied research group
The Fund can be thought of as a put writing fund. This study from Wilshire Analytics Applied Research Group published in August 2016 looked at the performance of a number of strategies including the CBOE ...
Manager’s commentary February 2018
The Fund launched at the beginning of February as markets began to sell off. The spike in short term volatility was dramatic and although the front end of the curve has come down, volatility remains above ...
Structured Investment returns
In this note we look at the historic performance of FTSE Linked Autocalls and compare this to the performance of equities and bonds. To be able to assess the returns that structured products have offered ...