"When we think of KRFS, one thing comes to mind... accuracy.
KRFS is tireless in their efforts provide us with an independent Net Asset Value which has passed their rigorous internal review process"
- Lew Williams, Principal, Griffon Energy Capital, LLC
Kaufman Rossin Fund Services Selected as Fund Administrator for THE ADASTRA ULTRA INCOME FAMILY OF FUNDS
Miami, June 10, 2009 –ADASTRA Group Limited has appointed Kaufman Rossin Fund Services LLC (KRFS), a full-service fund administrator, to provide its organization with outsourced back-office operations for it's Ultra Income Family of Funds. KRFS will provide accounting and valuation, investor services, tax services, and customized reporting for ADASTRA.
The ADASTRA Ultra Income Fund strategy focuses on generating monthly cash deposits, utilizing a relatively low volatility strategy on a equity based platform. The Fund pays a fixed monthly return allowing investors to realize a predictable, but not guaranteed monthly distribution.
Adrian Sinden, Managing Member of the General Partner of the Funds states, "Our investment strategy is ideal for pension fund managers and fund of fund managers looking for a higher income yield strategy wrapped in a lower volatility equity platform, at the same time being available in a full asset allocation model."
ADASTRA begins its launch in June with the first of ten new funds, each representing a single broad market sector. Managers seeking to smooth their performance in each asset class may find this new Fund Family an interesting and beneficial compliment to their portfolio.
"We're very pleased to be selected by ADASTRA Group to provide fund administration services," said Keith Sharkey, co-founder and officer of KRFS. We're confident that the superior service that KRFS provides will help ADASTRA save time, save money, improve reporting and gain increased investor confidence."
With 44 years of experience, ADASTRA Group Limited is a global financial services organization providing products and services to the offshore investment and insurance markets. The group is comprised of ADASTRA Portfolio Services, ADASTRA Capital Partners, ADASTRA Fund Managers and ADASTRA Financial Services.
ADASTRA Group Limited is a privately owned BVI registered company that has grown from an offshore financial services brokerage to a fully fledged global provider of products and services to both the offshore and onshore financial services arena. As a totally independent operation, the Group is not tied to any one company's products and services and indeed it's own range competes "head-to-head" with those of third parties thereby ensuring that its clients' needs are met through recommendation of the most suitable product or product mix rather than being constrained to "forcing" a fit from only one range of solutions. For more information, visit www.adastraportfolio.com or contact ADASTRA Capital Partners on 407-654-3699.
About Kaufman Rossin Fund Services
Established in 1994, Kaufman Rossin Fund Services (KRFS) is an independent full-service provider of administration services to the investment community. Born out of one of the nation's top CPA firms, KRFS maintains top-tier technical skills, quality control practices and technology. KRFS "Goes Beyond" its competition by delivering expertise in the complex areas of taxation, accounting standards and financial statement preparation. Clients worldwide rely on KRFS for startup, accounting and valuation, back-office outsourcing, investor services, tax services, customized reporting and corporate services. KRFS has offices in Miami, Fort Lauderdale, Boston, New York and the Cayman Islands. For more information visit www.krfs.com.
