How to apply for this ITS

  1. Click on the Download button below to obtain all relevant literature.
  2. Read all the literature provided in full, ensuring you’re happy to proceed.
  3. Write a cheque made payable to the provider. Post it along with the completed documents and two valid forms of ID, to: WealthMe, PO Box 362, Burgess Hill, West Sussex, RH15 5BH.

Table heading explanations:

  • Initial Charge: Initial charges are up front charges applied by the product provider on your investment.
  • Initial Rebate: This is the amount that WealthMe is rebating back to your investment in form of extra shares or a reduction on the providers initial charges. It may also include loyalty bonus and/or early bird discount, which are paid out of your products Initial Charges. This amount will be pre-WealthMe arrangement fee.
  • WealthMe Arrangement fee: Our arrangement fee can be paid separately by you or from your investment by the product provider. If you decide not to pay us separately then please be aware that your Initial Rebate will be reduced accordingly.
  • Our Fee: All the products we offer in our ITS section, we charge a 1% initial arrangement fee for all investments below £100,000 and a 0.75% initial arrangement fee for all investments above £100,000.
  • PLUS if the product provider pays any annual trail commission, usually at a rate of 0.5% of the value of the investment. Any trail commission we receive will be paid to the recipient in January based on the amount received in the previous year subject to a 0.1% administration fee or a minimum fee of £25 pa, which ever is greater. All initial and trail rebates will be paid net of basic rate tax and are to be treated as taxable income by the recipient as stipulated by HMRC.

Example of WealthMe Arrangement fee:

  • If you invest £10,000, our fee will be 1%, therefore the monetary amount will be £100. 
  • If you invest £100,000, our fee will be 0.75%, therefore the monetary amount will be £750. 

Free ITS Guide

Download our free & comprehensive guide to ITSs.
All investment decisions must be made solely on the fund's prospectus.

Octopus
Rockpool
Downing
Foresight

Fund title: Rockpool Managed Inheritance Tax Service

Overview

This is a discretionary management service and Rockpool will invest on your behalf in unquoted companies that qualify under the rules relating to Business Property Relief (BPR). It is designed to offer a simple solution to IHT and can offer IHT exemption within two years provided the investments are held at the date of death.

The service has been designed to provide a targeted return of 5% pa net of fees and corporation tax. This target return is based on the amount invested less the initial charge. There is of course no guarantee of returns but Rockpool will waive their annual management charge for any quarter in which the targeted 5%pa is not achieved.

Your capital is invested into unquoted shares in Novus Lending Ltd, whose business is to loan funds to a range of UK businesses (which is a qualifying trade for BPR).Borrowers must be profitable and/or be able to provide tangible asset security for the loans. Rockpool manages the lending programme to ensure that the credit risks are appropriately controlled.

Although your investment through the Rockpool Inheritance Service should be regarded as an investment to be held for more than 2 years, you can normally access your capital at any time. The minimum withdrawal is £10,000 and will be returned as soon as possible; however this may take up to twelve weeks. In the event of a major legislative change such as the removal of BPR by the Government or where the liquidity within the companies you have invested in is insufficient to facilitate a share buy-back, the process could take much longer.

*This investment is NOT available on our Execution Only service - if you wish to consider investing into this investment then please call us for a possible recommendation.

Fund type:

New Fund

Miniumum investment

£50,000

Initial Charges

0.5%

WealthMe Arrangement Fee

TBA%

Expected Close date

Evergreen

Funds Raised and sought

£32m of 0

Initial Discount

0.00%


Important Information
The information given here has been taken from the product terms and conditions, brochure, and other literature available from the product provider. However, no guarantee can be made to the accuracy of the information. You should therefore satisfy yourself as to the full terms and risks of any investment by reference to the relevant materials provided by the product provider. In the unlikely event of any discrepancy between the information shown here and that provided in the provider literature, the product literature shall prevail. All investment involves risk and you could lose some or all of the money you invest.