No initial fee for advised clients who invest Direct

To further support advisers, from Monday 27th June, advised clients who directly invest in Fundamental Asset Management’s AIM IHT Portfolio Service will no longer be charged an initial fee.

The scrapping of any initial fee is part of our ongoing commitment to support advisers and aligns with our fee structure for portfolios managed through wrap platforms (Eg Abrdn Elevate & Wrap, Funds Network, Nucleus, Standard Life, Transact etc.).

If you would like an illustration, please contact our Business Development Manager Jonathan Bramall via email [email protected] or phone 01923 713 894.

For more information about reducing Inheritance Tax by using Business Relief (also known as Business Property Relief) click here.

Fundamental Asset Management
www.fundamentalasset.com

In the ninth of our series – The Fundamentals – about going back to the basics of investing in AIM shares for Inheritance Tax (IHT) planning purposes, we look at the Fundamental Asset Management investment approach.

The Fundamental Asset Management investment approach is best described as, stock specific and growth focused, with a value overlay.

Key criteria include:

• IHT qualification (current and ongoing)
• Growth actual and prospective
• Profitability (unadjusted, we have a strong dislike of the fairy tale EBITDA!)
• Cash generation
• Return on Equity
• Management/insider ownership
• Valuation measures
• Size and liquidity – an ability to sell if we need to
• Understanding of the business

Dividend yield is appreciated, but not essential, as small growing companies, generating high returns on equity, should generally have better things to do with their cash than pay it away.

Macro overlay ensuring sector diversification. Research is undertaken by the 2 portfolio managers Chris Boxall and Stephen Drabwell supported by external analysts (former fund managers, private investors and business people).

For more information on Portfolio Construction Methodology, Approach to Stock Picking, Asset Allocation, House Investment Style, and “House Ethos”, or if would like to speak with Stephen or Chris, please do not hesitate to contact our Business Development Manager Jonathan Bramall via email [email protected] or phone 01923 713 894.

For more information about reducing Inheritance Tax by using Business Relief (also known as Business Property Relief) click here.

The Fundamentals Series

• Introducing The Fundamentals series
• The Fundamentals #2: How to use ISAs for Inheritance Tax (IHT) planning?
• The Fundamental #3: The perils of exit fees & support for a client’s estate
• The Fundamentals #4 – What is the Fundamental AIM Inheritance Tax Portfolio?
• The Fundamentals #5 – How to use AIM to stop HMRC taking money from your family?
• The Fundamentals #6: How long do you need to hold a qualifying stock for to receive IHT relief?
• The Fundamentals #7 – 10 reasons to invest with Fundamental Asset Management
• The Fundamentals #8 – Fundamental Asset Management’s Investment Team

Our Educational Webinars also provide plenty of further information.

Fundamental Asset Management
www.fundamentalasset.com

In the eighth of our series – The Fundamentals – about going back to the basics of investing in AIM shares for Inheritance Tax (IHT) planning purposes, we look at the Fundamental Asset Management Investment Team.

Since 2004, Fundamental Asset Management portfolios have been managed by our two founders Chris Boxall and Stephen Drabwell.

Chris and Stephen are experienced investment managers who have been managing the portfolios in-house since inception. Chris and Stephen conduct all research supported by external analysts (former fund managers, private investors and business people).

STEPHEN DRABWELL

STEPHEN DRABWELL

Stephen Drabwell is a co-founder, major shareholder and director of Fundamental Asset Management. Stephen oversees the trading, asset allocation and operational aspects of managing the many AIM IHT portfolios that the company oversees. Prior to founding Fundamental, Stephen started his career at the investment bank, UBS in 1990. Following 9 successful years at UBS, which saw him progress to becoming a sales trader on the European portfolio trading desk, Stephen joined Washington Asset Management where he was senior trader for a US Long/short hedge fund. Stephen helped grow the fund from $30m to $250m before leaving in 2004 to start Fundamental.

CHRIS BOXALL

CHRIS BOXALL

Chris Boxall is a co-founder, major shareholder and director of Fundamental Asset Management. Chris qualified as a Chartered Accountant in 1989 and has primary responsibility at Fundamental for company research and portfolio management for the firm’s equity portfolios, with particular focus on AIM. Prior to Fundamental Chris oversaw activities at the Washington Financial Group, where he was a key member of the investment management team of the Washington US Fund Ltd, a successful equity fund.

For more information about reducing Inheritance Tax by using Business Relief (also known as Business Property Relief) click here.

If you have any questions or would like to speak with Stephen or Chris, please do not hesitate to contact our Business Development Manager Jonathan Bramall via email [email protected] or phone 01923 713 894.

The Fundamentals Series

• Introducing The Fundamentals series
• The Fundamentals #2: How to use ISAs for Inheritance Tax (IHT) planning?
• The Fundamental #3: The perils of exit fees & support for a client’s estate
• The Fundamentals #4 – What is the Fundamental AIM Inheritance Tax Portfolio?
• The Fundamentals #5 – How to use AIM to stop HMRC taking money from your family?
• The Fundamentals #6: How long do you need to hold a qualifying stock for to receive IHT relief?
• The Fundamentals #7 – 10 reasons to invest with Fundamental Asset Management

Our Educational Webinars also provide plenty of further information.

Fundamental Asset Management
www.fundamentalasset.com