| |
WEALTHMASTER CASH RESERVE |
|
| |
The Wealthmaster Cash Reserve facility allows investors to temporarily
hold cash (within an ISA, if required) – a particularly
useful option when market conditions are uncertain, or when you
simply want to secure your ISA allowance for the current tax
year until a suitable investment opportunity arises. This cash
service also allows us to ‘phase your investments’ into
the markets during volatile conditions further reducing risk
of market mistiming.
Cash held in the cash reserve must be destined for eventual investment. You can
simply switch out of the cash reserve and into your desired funds at any time
and within 24 hours. By employing a tactical use of cash during uncertain market
conditions, we, as your wealth managers, will be able to increase or decrease
the amount of capital allocated towards low risk asset classes, providing extra
security and peace of mind.
Using the Wealthmaster Cash Reserve Account is a simple and
convenient way to provide competitive rates of interest and maintain
tax-efficiency without needing to disinvest from tax wrappers
such as ISAs.
|
|
| |
|
|
|
| |
WEALTHMASTER
- TRUST
FUND CHARGES AND COSTS |
|
| |
Trustees Trust and Valuations – simple and straightforward to provide the
Trustees and beneficiaries with:
- Asset allocation remodelling and reporting to ensure the Trustees
meet the requirements of the Trustee investment Act.
- Centralised Income payments via the cash account providing
a simple audit trail for the trustees and beneficiaries.
- Access to a wide range of funds and asset classes and strategies
designed to meet the most demanding investment requirements and
any constraints placed upon the Trustees.
Information in a cost-effective manner.
The following charges apply for provision of advisory investment
services through
the Cockburn Lucas Wealthmaster Service.
| ANNUAL ADVISORY CHARGES |
| Up to £500,000 |
1% per annum payable quarterly |
| £ 500,000 – £1 million |
0.75% per annum payable quarterly |
| £ 1million plus |
0.5% per annum payable quarterly |
| |
|
| TRANSACTIONAL FEES |
| First £100,000 |
3% |
| Next £100,001 – £250,000 |
2% |
| £ 250,001 plus |
1% |
| |
|
| SWITCH FEES |
| Wealthmaster clients only |
1.5% |
|
|
| |
|
|
|
