SRP reviewed how some of the biggest funds of structured products registered in the UK and Ireland performed in December 2024.

Levendi Thornbridge Defined Return Fund Levendi’s fund comprises of a diversified portfolio of defined return investments linked to major market equity indices. It aims to maximise the chance of generating an average medium-term annual return of six percent above GBP deposit rates. Against a backdrop of UK and US markets registering a -1.38% and -2.5% loss, respectively, and European markets gaining 1.91%, the fund remained stable in December at -0.08%. Its cumulative performance for 202