PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
LJL Funding, LLC

Press Release


Receive press releases from LJL Funding, LLC: By Email PDF Version RSS Feeds:

LJL Funding Announces November 2008 Investor Distribution of 10.53%


LJL Funding, the manager of the LJL Secured High Yield Income Fund, announces a 10.53% annualized return as of November 30, 2008. The Fund provides secure, high yield returns through the use of a high equity position trust deed mortgage fund.

San Diego, CA, December 18, 2008 --(PR.com)-- LJL Funding, LLC, the manager of the LJL Secured High Yield Income Fund I, LLC (the "Fund") is pleased to announce its November 2008 investor distribution. This marks the 18th consecutive month the fund has made investor distributions. The annualized year-to-date yield as of November 30, 2008 is 10.53%. The Fund is on track to meet its yearly goal of delivering an annual yield of over 10% - a goal that the fund has achieved annually since its inception.

The LJL Secured High Yield Income Fund I, LLC is an actively managed mortgage trust deed fund whose investment objective is to provide investors in the Fund with a stable stream of monthly distributions while maximizing long-term total returns. It sources its trust deeds through a wholesale lending channel and keeps the portfolio under 60% loan to value, which means that it keeps at least 40% protective equity on every transaction funded, based on very conservative valuation methods. Through the use of consistent funding and dollar-cost-averaging, investors in the fund benefit from a portfolio that adjusts with market conditions.

“Of course, we are enormously pleased with the performance of the Fund," states LJL Funding’s President and Fund Manager, Johann deVilliers. "These impressive results stand as a testament to the strength and resilience of our lending strategies and methods, and validate our firm's unique approach to the mortgage market. Recent weeks have provided a trial by fire for most of the investment firms out there and a great many haven't fared very well. It is gratifying to see our business model, as defined by careful scrutiny and well thought-out underwriting decisions made by our managers, has been validated by the marketplace. Our due diligence department is extraordinarily careful in selecting high-quality assets upon which to lend, and the Fund has performed brilliantly even within today's chaotic market conditions. Our investors are profiting as a result."

This news release contains forward looking information. Actual future results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in the LJL Secured High Yield Income Fund I, LLC Offering Circular and Operating Agreement and other documents filed with regulatory authorities. For more information visit www.LJLFunding.com or call 888-456-0246.

###

LJL Funding, LLC
Jeffrey W. Arnold
8880 Rio San Diego Drive #500
San Diego, CA 92108
(888) 456-0246
Contact Information
LJL Funding, LLC
Jeffrey W. Arnold
888-456-0246
Contact
www.LJLFunding.com
Attached Files
LJL Secured High Yield Income Fund Summary
The LJL Secured High Yield Income Fund has maintained 100% capital retention and has resulted in annualized yields of over 10% since its inception in late 2006. This one page summary is a quick outline of the fund, how it operates, and the benefits it provides.
Filename: LJLIncomeFund-Summary.pdf

Click here to view the list of recent Press Releases from LJL Funding, LLC
Promote Your Business