AIM Report 2019

62 63 AIM SOLUTIONS BLACKFINCH ADAPT AIM PORTFOLIOS ABOUT THE MANAGER Blackfinch Investments is part of Blackfinch Group, an award- winning investment specialist with a heritage dating back 25 years. Bringing significant experience and expertise with a transparent approach, Blackfinch is entrusted with over £300 million in assets under management and administration. Blackfinch holds its values as core, constantly adapting to and evolving with market change. Blackfinch Investments offers tax-efficient solutions to meet customers’ needs, reflecting legislative developments and evolving client requirements. Our popular Inheritance Tax range draws on Business Relief for a more efficient route to IHT mitigation. It includes the Adapt IHT Portfolios and Adapt AIM Portfolios for individuals, and the Thrive Corporate Management Service for businesses. We are focused on safeguarding clients’ investments, from targeting qualifying businesses, to charging lower fees, to working to deliver a fair and transparent return. For more information, please visit blackfinch.com . OUR AIM OFFER The Adapt AIM Portfolios represent a discretionary portfolio service with the potential benefit of Inheritance Tax mitigation after two years. The portfolios consist of 20-40 shares that we believe will qualify for Business Relief. The portfolios undergo regular reviews by a leading tax accountant to identify potential risks to Business Relief ineligibility. Blackfinch’s investment objectives are capital preservation and tax efficiency while targeting strong returns. Investors choose from Income and Growth portfolios, differing in selection of investee companies and treatment of dividends. Both provide flexibility and control with access to funds as circumstances change. The Adapt AIM Portfolios combine Blackfinch’s tax-efficient specialism with the stock-picking expertise of Chelverton Asset Management, in a partnership exclusive to the service. Blackfinch is entrusted with over £300 million in assets under management and administration, including £21 million, as at 16 July 2019, invested in AIM. A leader in tax efficient investments, Blackfinch continues delivering value through its expertise, quality service and transparent approach. CASE STUDY We have invested in kettle safety control manufacturer Strix Group, because the British love a good (and safe) brew! Founder Eric Taylor invented his revolutionary thermostat during WWII. By 1982 the business was rebranded Strix under Eric’s son. In 2009 it celebrated manufacturing its 1 billionth safety control, followed by an AIM listing in 2017. We like Strix due to its history and potential. Its global addressable market limits concentration risk, with excellent IP protected by patents. The business is now expanding into water filtration. It owns Aqua Optima, a challenger to Brita filters, and has acquired the Astrea filtering water bottle, bringing further R&D knowledge. With demand for cleaner water from health-conscious consumers, Strix’s expansion offers attractive growth prospects. Strix entered our portfolios on 7 September 2017. Investment is ongoing, standing at £542,639 on 16 July 2019. Our investment advisers, Chelverton Asset Management, meet with Strix’s management team regularly. AVERAGE MARKET VALUE (£m) 0% £0 - £100m £100 - £250m £250 - £500m £500m+ 10% 20% 30% 40% 50% ADAPT AIM INCOME PORTFOLIO ADAPT AIM GROWTH PORTFOLIO