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Discretionary Funds Management
Fat Prophets now gives UK investors the opportunity to invest an exciting and innovative new service, the Discretionary Managed Portfolio. A choice of two model portfolios is offered based on our successful Australian strategies managed by Fat Prophets founder Angus Geddes and his team.
Since launching in mid-2007 in Australia, the Fat Prophets Separately Managed Accounts’ Concentrated Australian Share and Mining & Resources strategies have both significantly outperformed their respective benchmarks.
While new to the UK, the Discretionary Managed Portfolio is based on the Separately Managed Account, a popular alternative to Mutual Funds in the US, where around $1.5 trillion is invested. They are generally available only to wealthier investors with a minimum investment of at least $100,000.
Fat Prophets now offers these benefits to UK investors, but with a low minimum investment of £25,000 (or £10,000 ISA Transfer)
Compared with traditional managed funds, benefits include:
Expert Portfolio Management
– access to individual discretionary management by our team headed by Angus Geddes. A service normally available only to High Net Worth investors.
Tax efficiency
– no inherited tax liabilities and the ability to minimise CGT payable by “harvesting” gains or losses. May also be held in an ISA, SIPP, or Offshore Bond.
Flexibility
– choice of model, or combination of models:
Concentrated UK Share Strategy:
objective to outperform the FTSE 100 Accumulation Index
Mining & Resources Strategy
: objective to outperform an equally weighted composite of the FTSE 350 & FTSE AIM Basic Resources and FTSE 350 & FTSE AIM Oil & Gas Indices.
May be structured to include or exclude investments already owned (or prefer not to own.)
Transparency
– shares are held in the investor’s name, not the fund. Portfolio may be viewed anytime via secure online account, including stocks held, performance, and fees.
Low charges
A Regular Contribution Plan is also offered enabling further ongoing additional investments, spreading the cost over a period (also known as pound cost averaging.)
For further information call 0800 389 0705 or email
info@fatprophets.co.uk