The Vida Longevity Fund (VLF) has been a very high performing asset in your portfolio.  Due to their success, there is tremendous demand for their product. Unfortunately, they are limited in the number of investors that can participate based on their fund structure. To address this, VLF has created a new share class (class B). VLF has given our investors who own $125,000 or less of class A two options:

  1. Convert all class A shares to class B shares
  2. Redeem at net asset value

The two share classes have different fee structures and time commitments. We have included a letter written by Vida Capital management that outlines the specifics and the differences.  We would welcome a conversation with you personally, if that would help you think through your options.

Please notify us by June 15, 2017 if you would like to convert or redeem your shares by returning the letter (see below or the letter we sent through mail) with your election at the bottom of the letter in the prepaid envelope that has been sent through mail. Please note that if you do nothing, Vida Capital will automatically redeem your shares beginning June 30th, 2017. If you have any questions please contact your advisor by June 15, 2017.

As always, we are here to help you make this decision as easy as possible.