Portfolio ServicesUK Private Clients

All Discretionary Service clients are automatically registered in the safekeeping of our nominee name at no additional charge. This provides added protection and convenience, greatly reducing the paperwork normally associated with market transactions.

Contract Notes for all sales and purchases are dispatched within 24 hours of any transaction. When appropriate these will be accompanied by a letter detailing the rationale for the transaction.

Portfolio Valuation Packs are sent out either quarterly or six-monthly, depending on the individual client’s requirements, and comprise: an asset allocation summary and breakdown of portfolio holdings; a detailed performance report; and a list of all transactions undertaken during the period. An investment commentary on portfolio activity, prevailing market conditions and investment outlook is also included.

Income Payments can be made electronically direct to the client's specified account on whatever periodic basis is preferred.

Secure Internet Access allows clients to view their portfolio online whenever they wish. Prices and values are updated daily.

Comprehensive Year-End Tax Packages are produced for all UK tax-paying clients at the end of each financial year. This can be sent either to the client or direct to the client's accountant.

The Year-End Tax Package comprises:

• Capital gains computations with indexation, based on a sophisticated system that computes both the realised and notional indexed gains within the portfolio. This helps in the efficient assessment of the tax implications of changes in investments.

• Consolidated tax voucher.

• Capital and income statements for the financial year.