Kaufman Rossin Fund Services Selected as Fund Administrator for the ADASTRA Ultra Income Family of Funds

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Wed Jun 10, 2009 4:08pm EDT

MIAMI--(Business Wire)--
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 its 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 an 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." 

About ADASTRA Group Limited

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 its 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. 





For Kaufman Rossin Fund Services
Heidi Armstrong, 305-446-2700 

Copyright Business Wire 2009

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