BLACKFINCH AIM GROWTH PORTFOLIO BLACKFINCH AIM INCOME PORTFOLIO BLACKFINCH AIM PORTFOLIOS Q PERFORMANCE SHEET PORTFOLIO

Transcription

1 BLACKFINCH AIM PORTFOLIOS Q PERFORMANCE SHEET BLACKFINCH AIM GROWTH PORTFOLIO A portfolio of AIM listed companies carefully chosen with the objective of providing Business Relief for Inheritance Tax and achieving capital appreciation over the medium to longer-term. Currently offering a dividend yield of c.2% p.a. Year Q Sept Aug July Since Inception* BLACKFINCH AIM GROWTH PORTFOLIO 29.0% 9.7% 1.3% 2.9% 5.2% 51.7% FTSE AIM ALL-SHARE 22.6% 4.0% 0.7% 2.7% 1.9% 42.7% *24/06/2016 BLACKFINCH AIM INCOME PORTFOLIO A portfolio of AIM listed companies carefully chosen with the objective of providing Business Relief for Inheritance Tax and providing a progressive and attractive income stream. Currently offering a dividend yield of c.4% p.a. Year Q Sept Aug July Since Inception** BLACKFINCH AIM INCOME PORTFOLIO 27.2% 7.3% 5.7% 1.4% 0.1% 39.4% FTSE AIM ALL-SHARE 22.6% 4.0% 0.7% 2.7% 1.9% 38.7% **15/07/2016 Capital returns only and do not take into account fees. All figures are for illustrative purposes only and are based on model portfolio returns. Fees will have the effect of reducing the performance figures shown above and this document should be read in conjunction with the relevant portfolio factsheet which provides further details of Blackfinch fees and charges. Blackfinch AIM Portfolios are managed in partnership with Chelverton Asset Management, who have a long and successful history of managing funds invested in UK smaller companies, including those listed on AIM. Blackfinch AIM Portfolios are managed using the same CHELVERTON UK EQUITY GROWTH FUND A relatively new fund with the objective of achieving long-term capital growth by investing in a portfolio of fully listed and AIM-traded UK equities. philosophies and investment process employed by these funds and the information below is presented to demonstrate the longer-term capabilities of the fund management team. CHELVERTON UK EQUITY INCOME FUND A top-performing fund, investing in mid-cap and smallcap companies, with the objective of producing a progressive income stream and long-term capital growth. 1 year 1 year 3 years 5 years UK EQUITY GROWTH FUND 32.2% UK EQUITY INCOME FUND 24.0% 46.7% 124.5% IA UK ALL COMPANIES 13.4% IA UK EQUITY INCOME 10.4% 25.9% 64.8% Source: Stockopedia, Chelverton Asset Management. Total Return to 30/09/2017 OF FUTURE PERFORMANCE. PLEASE READ THE DISCLAIMER ON THE BACK OF THIS PERFORMANCE SHEET.

2 AIM Growth Portfolio Factsheet Q LAUNCH DATE JULY 2016 PRODUCT TYPE DISCRETIONARY PORTFOLIO MIN. INVESTMENT 15,000 CHARGES* INITIAL FEE 0% MANAGEMENT FEE DIVIDEND YIELD 1.5% PLUS VAT c.2% P.A KEY BENEFITS Simple and effective tax planning strategy providing IHT exemption after 2 years Eligible for an ISA; combining the tax benefits of an ISA with IHT relief Access to the experienced and acclaimed Fund Management Team at Chelverton Available on Standard Life and Transact platforms** SERVICE OVERVIEW Blackfinch AIM Portfolios are a discretionary portfolio service designed to mitigate Inheritance Tax (IHT) by investing in a portfolio of AIM shares, carefully constructed by our team of specialist investment managers. Blackfinch act as Discretionary Investment Managers for the service and are assisted by Chelverton Asset Management, the award winning fund managers with proven expertise of investment in AIM and smaller-cap companies. Chelverton act as investment advisers to Blackfinch and assist with stock selection, due diligence and portfolio construction. Investments will only be made in companies that meet our strict investment criteria and our portfolios will be managed following the same rigorous and disciplined process employed by Chelverton across their existing fund range. Access to capital at all times (subject to market liquidity) Low min. investment amount offering IHT relief to a wider audience of investors PERFORMANCE Capital returns only and do not take into account fees. Figures are for illustrative purposes only and are based on model portfolio returns. Q Since Inception*** Focus on delivering capital growth BLACKFINCH AIM GROWTH PORTFOLIO FTSE AIM ALL-SHARE 9.7% 51.7% 4.0% 42.7% ***24/06/2016 * SEE RATE CARD FOR FULL DETAILS OF CURRENT FEES ** FEE STRUCTURE MAY VARY ACCORDING TO CHOICE OF PLATFORM.

3 EXPOSURES BY SECTOR EXAMPLE HOLDINGS**** Company Name Sector CLINIGEN PHARMACEUTICAL & BIOTECHNOLOGY IQE TECHNOLOGY HARDWARE & EQUIPMENT CVS GENERAL RETAILERS RESTORE SUPPORT SERVICES WATKIN JONES HOUSEHOLD GOODS & HOME CONSTRUCTION GB SOFTWARE & COMPUTER SERVICES GAMMA COMMUNICATIONS MOBILE TELECOMMUNICATIONS ECO ANIMAL HEALTH PHARMACEUTICAL & BIOTECHNOLOGY CRANEWARE SOFTWARE & COMPUTER SERVICES IOMART SOFTWARE & COMPUTER SERVICES **** Top ten Growth Portfolio companies by market capitalisation. Source: Stockopedia and London Stock Exchange/FTSE Russell Indices

4 EXPOSURES BY MARKET CAPITALISATION ( M) The Growth Portfolio currently contains 38 equally weighted stocks with an average market capitalisation of 260m. 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 0 100m 100m 250m 250m 500m 500m+ BLACKFINCH GROWTH PORTFOLIO AIM ALL-SHARE AIM IN FOCUS OXFORD METRICS GROUP Oxford Metrics Group develops and markets analytics software for motion measurement and infrastructure asset management to clients in over 70 countries worldwide. Founded in Oxford in 1984 and listed on the AIM market in 2001 Additional offices in California, Colorado and Auckland providing services to sectors as diverse as highway management and maintenance, therapeutic strategies for hospitals & clinicians, and Hollywood special effects New 5 year plan implemented to accelerate returns through organic growth by establishing and maintaining dominant market positions to achieve higher levels of profitability FY 2016 Continuing Operations: Revenues +14.6%, Profit Before Tax % Demand for Vicon game, film and virtual reality products exceeded expectations +57% year-on-year H Launch of Alloy, a cloud-based asset management platform, will underpin international expansion.

5 AIM Income Portfolio Factsheet Q LAUNCH DATE JULY 2016 PRODUCT TYPE DISCRETIONARY PORTFOLIO MIN. INVESTMENT 15,000 CHARGES* INITIAL FEE 0% MANAGEMENT FEE DIVIDEND YIELD 1.5% PLUS VAT c.4%p.a KEY BENEFITS Simple and effective tax planning strategy providing IHT exemption after 2 years Eligible for an ISA; combining the tax benefits of an ISA with IHT relief Access to the experienced and acclaimed fund management team at Chelverton Available on Standard Life and Transact platforms** SERVICE OVERVIEW Blackfinch AIM Portfolios are a discretionary portfolio service designed to mitigate Inheritance Tax (IHT) by investing in a portfolio of AIM shares, carefully constructed by our team of specialist investment managers. Blackfinch act as Discretionary Investment Managers for the service and are assisted by Chelverton Asset Management, the award winning fund managers with proven expertise of investment in AIM and smaller-cap companies. Chelverton act as investment advisers to Blackfinch and assist with stock selection, due diligence and portfolio construction. Investments will only be made in companies that meet our strict investment criteria and our portfolios will be managed following the same rigorous and disciplined process employed by Chelverton across their existing fund range. Access to capital at all times (subject to market liquidity) Focus on dividend yield with prospects for capital growth PERFORMANCE Capital returns only and do not take into account fees. Figures are for illustrative purposes only and are based on model portfolio returns. Q Since Inception*** Low min. investment amount offering IHT relief to a wider audience of investors BLACKFINCH AIM INCOME PORTFOLIO FTSE AIM ALL-SHARE 7.3% 39.4% 4.0% 38.7% ***15/07/2016 * SEE RATE CARD FOR FULL DETAILS OF CURRENT FEES ** FEE STRUCTURE MAY VARY ACCORDING TO CHOICE OF PLATFORM.

6 EXPOSURES BY SECTOR CHEMICALS 3.5% FOOD & DRUG RETAILERS 3.5% REAL ESTATE INVESTMENT & SERVICES 3.5% HEALTHCARE EQUIPMENT & SERVICES 3.5% FINANCIAL SERVICES 20.7% LINE TELECOMMUNICATIONS 3.5% CONSTRUCTION & MATERIALS 3.5% PHARMACEUTICALS & BIOTECHNOLOGY 3.5% NON LIFE INSURANCE 3.5% INDUSTRIAL ENGINEERING 3.5% HOUSEHOLD GOODS & HOME CONSTRUCTION 13.8% MEDIA 3.5% FOOD PRODUCERS 3.5% TECHNOLOGY HARDWARE & EQUIPMENT 3.5% SOFTWARE & COMPUTER SERVICES 6.9% GENERAL RETAILERS 6.9% SUPPORT SERVICES 10.3% EXAMPLE HOLDINGS**** Company Name Sector CONVIVIALITY FOOD & DRUG RETAILERS REDDE FINANCIAL SERVICES WATKIN JONES HOUSEHOLD GOODS & HOME CONSTRUCTION CARETECH HOLDINGS HEALTHCARE EQUIPMENT & SERVICES TELFORD HOMES HOUSEHOLD GOODS & HOME CONSTRUCTION STRIX ELECTRONIC & ELECTRICAL EQUIPMENT MORTGAGE ADVICE BUREAU (HOLDINGS) FINANCIAL SERVICES MANX TELECOM FIXED LINE TELECOMMUNICATIONS CURTIS BANKS FINANCIAL SERVICES SAFESTYLE UK GENERAL RETAILERS **** Top ten Income Portfolio companies by market capitalisation. Source: Stockopedia and London Stock Exchange/FTSE Russell Indices

7 EXPOSURES BY MARKET CAPITALISATION ( M) The Income Portfolio currently contains 30 equally weighted stocks with an average market capitalisation of 173m. 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 0 100m 100m 250m 250m 500m 500m+ BLACKFINCH INCOME PORTFOLIO AIM ALL-SHARE AIM IN FOCUS STRIX Strix is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Established in 1982 on the Isle of Man and developed the patent for its key kettle safety control products 1989 opened office in Hong Kong to pursue manufacturing and sales opportunities in Asia Works with a significant number of well-known brands and retailers including Tesco, Tefal, Siemens, Phillips and Walmart Research and development of a portfolio of new industrial technologies could be commercialised in the future Revenues over the three year period to 31st December 2016 increased by 13.5%, and profitability is stable, generating over 30m adjusted EBITDA per annum since 2007 Experiencing significant market share growth in China and currently holds c.50% of market.

8 DISCLAIMER THIS FACTSHEET IS BEING ISSUED BY BLACKFINCH INVESTMENTS LIMITED (BLACKFINCH), WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FCA NUMBER ). REGISTERED ADDRESS: MONTPELLIER COURT, GLOUCESTER BUSINESS PARK, GLOUCESTER, GL3 4AH. REGISTERED IN ENGLAND AND WALES. COMPANY NUMBER: The factsheet is for intermediary use only and is based on a model portfolio. No guarantee can be made as to the composition of any individual portfolio. All figures are correct at the time of compilation. Any decision to invest in this service should not be based on this factsheet but rather made on the basis of the information contained in the brochure, and the terms and conditions. Prospective investors must rely on their own examination of the legal, taxation, financial and other consequences of investing and the risk involved. Prospective investors should not treat the contents of this factsheet as advice relating to legal, taxation or other matters. If in any doubt about the proposal discussed in this paper, its suitability, or what action should be taken, the investor should consult their own professional advisers. All statements of opinion and/or belief contained in this factsheet and all views expressed and all projections, forecasts or statements relating to expectations regarding future events represent Blackfinch s own assessment and interpretation of information available as at the date of this publication (November 2017). This factsheet does not constitute, and may not be used for the purposes of, an offer or invitation to treat by any person in any jurisdiction outside the United Kingdom. This paper and the information contained in it are not for publication or distribution to persons outside the United Kingdom. It does not constitute a public offering in the United Kingdom. The Blackfinch AIM Portfolios may not be suitable for all investors and we would recommend that prospective investors seek independent advice before making a decision. Whilst Blackfinch has taken all reasonable care to ensure that all the facts stated in this factsheet are correct, no representation or warranty, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this factsheet and no liability is accepted by Blackfinch Investments Limited, or any of their directors, members, officers, employers, agents or advisers, for any such information or opinions.