AIM Report 2019

71 70 TIME:AIM & TIME:AIM ISA WALKER CRIPS IHT RELIEF PORTFOLIO MANAGER NAME TIME Investments Walker Crips Investment Management YEAR FOUNDED 2011 2007 AUM (IN TOTAL) / AUM (ON AIM) £3bn / £38m £3.3bn / £4.2m DESCRIPTION OF OFFER TIME:AIM uses our innovative ‘smart passive’ approach, designed to reduce the volatility of returns and remove stock picker bias. TIME:AIM only targets AIM listed companies that qualify for BR, offering the potential for growth and IHT mitigation. TIME:AIM can be held within an ISA or non-ISA wrapper This portfolio enables the best intentions of the UK government. By applying tax benefits made available to the investors of burgeoning companies, your Walker Crips investment manager can assist in investing towards 100% tax relief LAUNCH DATE November 2016 25/01/2007 TAX WRAPPER OR RELIEF Business Relief and ISA ISA Wrapper permitted, IHT relief once shares held for 2 years, no Stamp Duty Reserve Tax NO. OF HOLDINGS 30 33 TARGET FUNDRAISE N/A N/A INVESTMENT OBJECTIVE Growth Capital Growth with IHT mitigation once shares held for 2 years TARGET ANNUAL RETURN (WHERE STATED) N/A 3% LIQUIDITY (DAYS TO EXIT) Withdrawals processed monthly; sales proceeds sent to investors within 14 days of selling shares 5 business days, subject to markets INCOME (Y/N) N Y MINIMUM INVESTMENT £25,000 or £15,000 for ISA applications £50,000 MIN INCREMENT £15,000 N/A INITAL FEE 1% + VAT Varies: for £50,000 investment, approximately £1,200 AMC 0.8% + VAT 1.5% £50,000 to £250,000; tiered scale decreasing on higher value portfolios (+ VAT) OTHER FEES 1% Dealing 1% transaction cost - min £20, max £100 OCTOPUS AIM INHERITANCE TAX SERVICE STELLAR ESP AIM MANAGER NAME Octopus Investments Stellar Asset Management YEAR FOUNDED 2000 2007 AUM (IN TOTAL) / AUM (ON AIM) £8.6bn / £1.8bn £300m / £74m DESCRIPTION OF OFFER The Octopus AIM Inheritance Tax Service offers a fast and flexible solution to inheritance tax planning, while providing the potential for significant capital growth through investment into a portfolio of 20-30 companies listed on the Alternative Investment Market (AIM). The Octopus AIM Inheritance Tax Service is also available within an ISA wrapper Stellar ESP AIM is a discretionary investment management portfolio service providing investors with the opportunity to mitigate their inheritance tax liabilities and generate capital growth from companies quoted on AIM. Investors can obtain 100% relief from inheritance tax after two years by investing in Stellar ESP AIM, as all companies in the portfolio qualify for Business Relief. Investors’ capital will be invested in up to 40 companies to maximise diversification LAUNCH DATE June 2005 01/01/2014 TAX WRAPPER OR RELIEF BPR Qualifying. Can also be held in an ISA An investment will be considered relevant business property and therefore after two years it qualifies for 100% relief and will be outside an estimate for inheritance tax. Stellar ESP AIM can also be held within an ISA. An AIM portfolio invested through an ISA wrapper not only offers relief from inheritance tax but retains existing ISA income tax and capital gains tax advantages (i.e. all income is received with no further liability to income tax and any capital growth will be free of capital gains tax) NO. OF HOLDINGS 20-30 40 TARGET FUNDRAISE N/A N/A INVESTMENT OBJECTIVE BPR qualification and capital growth To mitigate inheritance tax liabilities and generate capital growth for investors, higher than that of the FTSE AIM All-Share index TARGET ANNUAL RETURN (WHERE STATED) N/A To outperform the AIM All-Share index LIQUIDITY (DAYS TO EXIT) Trade within 2 days Redemptions can be made at any time subject to 10 days notice. ESP AIM intends to provide investors with access to their capital within 10 working days of the investor’s request, subject to liquidity INCOME (Y/N) N N MINIMUM INVESTMENT £25,000 £20,000 MIN INCREMENT £20,000 N/A INITAL FEE 2.5% Octopus initial charge (for advised investments) 0.50% AMC 1.5% + VAT per annum Octopus annual management charge (for advised investments) 0.75% OTHER FEES 1% dealing fee (on the purchase and sale of all shares within the portfolio); adviser initial charge and ongoing fee agreed with your client Dealing fee of 1%; administration fee of 0.25%; 1% dealing out fee* *When investing via a wrap platform this service has a different fee structure - please check with Stellar for platform specific information. VAT is also payable, where applicable, as is Government stamp duty and any other charges levied by exchanges, clearing houses or other authorised bodies which may be relevant to the investor’s dealings. Adviser charging, and non-advised commission can be facilitated by an investment in ESP AIM. Intermediaries who are permitted to receive commission (e.g. for execution only clients) can be paid initial commission, usually at the rate of 2.5% of the investment amount, plus annual “trail commission” usually at the rate of 0.5% of the values of the investment they have introduced. AIM SOLUTIONS COMPARISON