EIS 2018 report (web)

69 EIS SOLUTIONS DISCLAIMER Some of the managers have included some performance information in the following pages. As always, past performance is not a reliable indicator of future performance. This document is for professional advisers only, and it is not to be relied upon by retail investors. The value of an investment, and any income from it, can fall as well as rise, so investors may not get back the full amount they invest. Tax treatment depends on individual circumstances and may change in the future. Tax reliefs depend on the portfolio companies maintaining their qualifying status. The shares of the smaller companies could fall or rise in value more than shares listed on the main market of the London Stock Exchange. They may also be harder to sell. These products are not suitable for everyone. Any recommendation should be based on a holistic review of your client’s financial situation, objectives and needs. Neither Intelligent Partnership nor the managers offer investment or tax advice. We recommend investors seek professional advice before deciding to invest. BLACKFINCH ABOUT THE MANAGER Blackfinch Investments Ltd. has been operating in the tax-efficient investment market for over 25 years, providing products with a focus on capital protection, security and growth. Our group has built significant experience and expertise throughout this time and now has approximately £200 million under management and administration. We are committed to delivering sensible investment strategies that target growth and tax efficiency. Our aim is to deliver services and solutions which offer value to investors and generate attractive returns. Our philosophy is based on providing transparency, competitive costs and charges, and making the investment process as simple as possible for our customers. As well as the Evolve EIS Asset-Focused Portfolios and Evolve Media EIS Portfolios, we also offer other discretionary-managed portfolios, including: Adapt IHT Portfolios, Adapt IHT Protected Portfolios, Adapt AIM Portfolios and our bespoke Corporate Management Service. EVOLVE ASSET FOCUSED EIS PORTFOLIOS A discretionary-managed portfolio service providing investors with access to a service focused on capital preservation and growth through strong business opportunities. We use our experience and expertise to select companies with strong management teams that access trading activities with an underlying element of comfort provided by asset security and predictable revenue steams. All of this, means we are able to mitigate many of the risks normally associated with companies offering this level of growth. All opportunities meet our strict investment criteria and offer stong risk adjusted returns, whilst still providing minimised risk through exposure to underlying assets. Each investee company must meet EIS qualifying trade criteria, have Advance Assurance from HMRC and have an independent, experienced, strong management team. The Evolve Asset Focused EIS Portfolios has four underlying companies consisting of two construction companies, a gastro pub company and a short haul shipping company. INVESTMENT CASE STUDY • Sector: Commercial Property Constuction. • Development: the former Post Office, Preston. • Finance arranged: c.£3.2M Development Loan. • Term: 21 months. • Security: first charge. • Loan to value: 36% (as at 30th November 2017). Our Evolve EIS construction company have been appointed to develop a grade II-listed building (built in 1903 formerly the Post Office) into a hotel, restaurant, bar and wedding venue. This will include eight ensuite aparthotel rooms and associated back of house facilities. The property is located within Preston city centre which is also seeing significant development of the adjacent historical market place and high street, and has good proximity to local transport links. The Developer is well-established with significant experience in UK residential development. Our management team maintains a close involvement throughout the project and have the expertise to ensure the building is completed on time and in line with anticipated costs. EIS RISE TO DATE FIRST SCORE MUSIC LTD (MEDIA) SW CONSTRUCTION (NO2) LTD (ASSET FOCUSED) SW CONSTRUCTION (RESIDENTIAL) LTD (ASSET FOCUSED) AGILITY SHIPPING INTERNATIONAL LTD (ASSET FOCUSED) BACK CATALOGUE DISTRIBUTION LTD (MEDIA) HEARTH HOSPITALITY LTD (ASSET FOCUSED) 26% 17% 17% 11% 5% 24%