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Catch up with the latest press releases from LV=

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LV= European EX-UK Growth Fund 6 years of outperformance

Press release: 21/01/2010


Consistent Investment Approach Beats Benchmark and Competition for 6th Consecutive Year.

LV= European ex-UK Growth Fund starts 2010 on a performance high, having provided investors with six consecutive years of outperformance, relative to both its benchmark index and its IMA peer group average.

The fund is managed by LV= Asset Management (LVAM), the fund management arm of mutual insurance and investment group LV=, under the direction of Mark Page - Head of European Equities.

Launched in May 2003, the S&P AA-rated fund has achieved a remarkable track record of consistent performance, which is one of LVAM’s ambitions.

Ann Roughead, Managing Director, LVAM, comments: “Our goal has always been to deliver against the promise to investors – for our funds to ‘do what they say on the tin’. There are too many funds that grab the headlines by making bold claims but can’t back them up over time. Mark and his team have absolutely delivered against LVAM’s promise to investors, year in, year out, in bull markets and during tough times.”

LV= European ex-UK Growth Fund performance record

%

2009

2008

2007

2006

2005

2004

LV= European ex-UK Growth Fund

+21.5

-23.6

+15.9

+23.2

+26.1

+15.4

FTSE World Europe ex-UK Index

+20.1

-24.0

+15.7

+20.1

+24.1

+13.8

IMA Europe excluding UK sector

+19.5

-24.3

+12.8

+19.2

+25.2

+13.6

Source: Lipper Hindsight (A Reuters Company), bid to bid, UK Net of Tax, in Sterling. Retail shares shown.

According to data available from Lipper, no other European equity fund has achieved outperformance of both the index and sector average with such consistency.

Lead manager Mark Page, Head of European Equities at LVAM, adds: “I’ve been associated with this fund since its launch and throughout this time we have adhered to a disciplined but flexible investment approach. I am delighted that in 2009 we have been able to maintain and build upon our track record, and deliver real value for investors.”


LV= Asset Management (LVAM) is the fund management arm of LV=, the largest friendly society in the UK.

LVAM manages around £7.7bn of assets on behalf of LV= and a range of partner organisations. Visit us at www.LVAM.co.uk

LV=

LV= is a trademark of Liverpool Victoria Friendly Society Limited (LVFS) and LV= is a trading style of the Liverpool Victoria group of companies.

LV= employs over 3,800 people and serves more than 3.6 m customers and members. We are also the UK’s largest friendly society and a leading mutual financial services provider.

Liverpool Victoria Friendly Society Limited is authorised and regulated by the Financial Services Authority and entered on the Financial Services Authority Register No. 110035.

LVFS is a member of the ABI, AMI, AFS and ILAG. Registered address: County Gates, Bournemouth BH1 2NF.