Fukoku Life International (America) Inc. (FLIA) provides investment advice to off-shore private funds that are offered to institutional investors in Japan. FLIA advises on U.S. equity and fixed income securities. FLIA analyzes market conditions and forecasts returns, but the off-shore Investment Manager handles all trading and has discretionary responsibilities. FLIA also provides monthly investment commentary and reports.
FLIA is paid a fee for providing investment advice to offshore private funds. The fee ranges from 0.70% to 1.00% per year, based on the average net asset value of the funds, and is billed quarterly.