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Scottish Value Management aims for bigger IFA presence

Scottish Value Management is attempting to increase its presence in the IFA market with the launch its Low Risk Asset Fund.


The fund is registered offshore in the Cayman Islands and listed in Dublin. It is denominated in US dollars.


It primarily invests in traded endowment policies, but will also consider investing in other asset classes.


The fund will aim to spread the investment risk through a diversified portfolio of Teps with no more than 20 per cent investing in the policies of any one life office.


The fund has a minimum investment balance of US $100,000.


Charges are 3 per cent initial and 1.5 per cent annual management which includes 0.5 per cent to Tep specialists Beale Dobie.


IFA commission is available at 3 per cent initial and 0.5 per cent renewal.

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