How do direct investments in Life Settlements differ from closed-end funds?
In a closed-end fund multiple policies are lumped together and offered to investors as shares in the fund. In contrast to that, with direct investments, the investors’ funds are placed directly into a single policy or a fraction of it. This creates a greater transparency and it can be readily seen that GLOBALVEST LIFE concentrates on acquiring only quality policies in every case. In addition, the participation model for fund payouts usually works in a manner that it is classified as taxable income in some countries, whilst payouts from direct investments into life settlement are generally tax-free. (Please seek professional tax advice for the particular tax treatment in your country).
