Core and explore approach
Access to our core and explore approach is
available to clients with £250,000 or more to invest; although the
core element alone can be accessed with a minimum investment of
£100,000.
The core
The core of our investment solution is a
multi-asset class investment that is suitable for a broad range of
investors seeking to capture investment returns within a low to
medium risk controlled environment.
The investment objective is to achieve an
absolute return in excess of risk-free cash interest rates over a
three to five year period. Allocations may be made across all the
major markets and asset classes, including: cash, bonds, commercial
property, equities and alternative investments. The latter asset
class includes hedge funds, structured investments, private equity
and commodities. Performance is then targeted through the
tactical asset allocation of a diversified multi-asset class
investment portfolio.
Individual portfolios are managed in line with
a model and you will receive a quarterly report summarising
investment decisions, as well as performance and volatility
measures, for the model.
Additional features include:
- diversification of risk across major markets and asset
classes
- value for money compared to actively managed funds
- strong track record of performance
- sterling or US dollar portfolios
- minimum investment level of £100,000 or currency
equivalent
- minimum withdrawal at any one time of £50,000 or currency
equivalent (providing the minimum investment level is
maintained).*
* On certain elements of the investment
portfolio, especially where hedge funds are involved, proceeds may
take up to 90 days to be received
What is the explore element of the portfolio?
For clients with £250,000 or more to invest,
we would recommend building an 'explore' investment portfolio
around the core, based on our three fundamental investment principles.
The explore approach introduces satellite
investments and is designed to access the specific ideas and
strategies developed by our investment committee. These can be used
to capture additional sector specific themes, such as energy or
precious metals for example, or simply allows increased weightings
among the various asset classes.
Ordinarily, we would recommend establishing
the core portfolio before extending into explore investments. These
satellite investments tend to comprise more medium and higher risk
elements, although exposure to structured investments can be
accessed in this part of the portfolio to provide returns with
capital protection in order to reduce risk.
Management fee for core and explore
Our fees for the core and explore service
range from 0.65% to 0.95% per annum depending on the value of the
portfolio.
These fees are inclusive of custody and bank
commissions, but exclude market fees, such as brokerage, external
management costs, and stamp duty reserve tax, where applicable.
Risks of the discretionary investment management service
- The value of investments and the income from them can fall as
well as rise and you may not get back the original amount
invested.
- Exchange rate changes may affect the value of investments.
- In view of possible exchange rate and market price movements
that may take place between receiving your instruction to invest
new monies, determining the asset weighting and placing the deals
in the market, the actual amount invested may be more or less than
the expected initial cash investment.