BR report 2018

77 76 BR SOLUTIONS COMPARISON OCTOPUS INVESTMENTS www.octopusinvestments.com 0800 316 2067 salessupport@octopusinvestments.com PUMA INVESTMENTS www.pumainvestments.co.uk 020 7408 4070 info@pumainvestments.co.uk TIME INVESTMENTS www.time-investments.com 020 7391 4747 questions@time-investments.com TRIPLE POINT www. triplepoint.co.uk 020 7201 8990 Harry.Penberthy@triplepoint.co.uk DOWNING www.downing.co.uk 020 7416 7780 laurence@downing.co.uk INGENIOUS www.theingeniousgroup.co.uk 0207 3194291 hello@theingeniousgroup.co.uk This table may not contain all of the fees charged by each individual manager. In order to make like for like fee comparisons, advisers should check all applicable fees and consolidate the costs. This table may not contain all of the fees charged by each individual manager. In order to make like for like fee comparisons, advisers should check all applicable fees and consolidate the costs. PROVIDER DIRECTORY TIME:AIM TIME:ADVANCE TIME:CTC TRIPLE POINT ESTATE PLANNING SERVICE: NAVIGATOR TRIPLE POINT ESTATE PLANNING SERVICE: GENERATIONS MANAGER NAME TIME Investments TIME Investments TS TIME Investments Triple Point Investment Management LLP Triple Point Investment Management LLP 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. TIME:Advance is a discretionary management service that allows investors to access BR to mitigate their IHT liabilities. The service targets a net return of 3.5% p.a. with a capital preservation focus achieved through investing in asset backed businesses. The service has received consistent awards recognition, most recently being crowned ‘Best IHT Portfolio Service’ at Investment Week’s Tax Efficiency Awards 2017/18. TIME:CTC (Corporate Trading Companies) is an IHT solution designed to help businesses utilise or reinstate existing BR, allowing them to mitigate their IHT liabilities, potentially immediately. The service holds a 22 year track record and allows business owners to maintain control of their assets, avoiding the need for trusts or to gift assets to obtain relief. The service targets a net return of 3.5% p.a., investing into the same trades as TIME:Advance, i.e. asset backed businesses with a focus on capital preservation. Triple Point’s Estate Planning Service is a managed service, offering investors’ access to Navigator Trading Limited; a fast- growing non-bank lender to the SME sector. Navigator provides business-critical loan and asset finance to a wide range of SMEs, targeting average returns of 4.0% to 6.0% per annum (net of annual fees). The Service enables investors to blend Navigator with TP Leasing Ltd should they wish through one simple application form. Triple Point’s Estate Planning Service is a managed service, offering investors’ access to TP Leasing Limited; a leasing, lending and infrastructure finance business. TP Leasing focuses on providing a small number of high value leases and loans to public sector organisations, such as the NHS and Local Authorities, and to Corporates. It targets returns of 1.5% to 2.5% per annum (net of annual fees). The Service enables investors to blend Navigator with TP Leasing Ltd should they wish through one simple application form. YEAR FOUNDED 2011 2011 2011 2 2004 2004 AUM (TOTAL) £800m £800m £800m £800m £800m AUM (PRODUCT) £23m (as at 12/04/18) £276m (as at 12/04/18) £66m (as at 12/04/18) £317m total £317m total SECTOR AIM listed companies Secured property lending, renewable energy (hydro, wind, solar, biomass), self storage and commercial forestry Secured property lending, renewable energy (hydro, wind, solar, biomass), self storage and commercial forestry Leasing, secured lending and funding to SMEs Public and private sector leasing, infrastructure finance and secured lending LAUNCH DATE September 2016 February 2013 October 1995 June 2013 December 2013 NO. OF INVESTEE COMPANIES 30 7 7 1 (Navigator Trading Ltd) 1 (TP Leasing Ltd) ANNUAL RETURN SINCE INCEPTION 23.43% (Nov ’16 – Nov ’17) 4.15% (to 28/02/18) 4.75% (to 28/02/18) 5.5% 2.0% TARGET ANNUAL RETURN AND/OR TARGET YIELD (WHERE STATED) N/A 3.50% 3.50% 4.0 - 6.0% 1.5 - 2.5% MINIMUM INVESTMENT £15,000 £25,000 (£10,000 top up) £100,000 (£25,000 top up) £50,000 £50,000 INCOME AVAILABLE? Yes Yes Yes Yes Yes NO. OF DIRECTORS 0 4 directors & independent advisory committee of 6 2 directors & 2 non executive directors appointed to each CTC company 4 (1 independent) 4 (1 independent) LEGAL STRUCTURE Discretionary Portfolio Service Discretionary Portfolio Service Discretionary Portfolio Service Managed Service Managed Service FEES INITIAL 1% (plus VAT) 2.5% (waived on early death) 3.5% + VAT (where applicable) 2.50% 2.50% AMC 0.80% (plus VAT) 0.75% + VAT (deferred until exit and only payable from the excess over the 3.5% target annual return) 1% + VAT (deferred until exit and only payable from the excess over the 3.5% target annual return) 1.5% p.a. - only taken if base target return (4.0%) has been achieved 1.5% p.a. - only taken if base target return (1.5%) has been achieved PERF FEE N/A N/A N/A 20% on a compound return of 5% pa, limited to returns between 5.0% - 7.5% N/A PERF HURDLE N/A N/A N/A Compound return of 5.0% pa N/A TARGET LIQUIDITY Monthly N/A Target 4-6 weeks Within 3 months. Regular withdrawals can be set up on annual/semi annual basis. Within 3 months. Regular withdrawals can be set up on annual/semi annual basis. BR SOLUTIONS COMPARISON & PROVIDER DIRECTORY BLACKFINCH INVESTMENTS www.blackfinch.com 01684 571255 enquiries@blackfinch.com