Luna AIM Portfolio

A Financial Planner, looking to potentially shelter part of their clients' estate from Inheritance Tax may wish to consider investing into the Luna AIM Portfolio. This is a discretionary managed* portfolio of carefully selected companies that meet our investment criteria but also qualify for Business Property Relief. These investments could potentially be excluded from a clients’ estate for Inheritance Tax calculation purposes but still allow the client access to the capital and income of the Luna AIM Portfolio during their lifetime.

Key features

A minimum investment of £100,000
Qualify for 100% Inheritance Tax relief after two years
Ownership of individual shareholdings
– not a pooled investment
Clear charging structure

Key considerations before investing

Current tax rules for government investment into AIM and available reliefs may change
Tax relief is applicable only to those subject to UK inheritance tax and available only where the investment is held until death
The underlying AIM companies must continue to qualify for tax relief at the time the investments are realised
Luna does not provide tax advice and clients/their Financial Planner should consider taking professional tax advice before any investment is made
Smaller companies are above-average risk investments. The value of investments and any income derived from them may fall as well as rise, and your clients may not get back the full amount invested
AIM companies can be relatively illiquid, meaning it can be difficult to dispose of shares at a reasonable price at short notice
Your clients should expect that their portfolio will demonstrate volatility greater than the UK market average

Model Portfolio Service Tailored Portfolio Service

Before investing please check the specific risk factors on the key features document as some strategies can be high risk; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Taxation is dependent on individual circumstances and is subject to change.

* Luna Investment Management Limited is an appointed representative of Thornbridge Investment Management LLP “Thornbridge”, which is authorised and regulated by the Financial Conduct Authority. All investment management decisions are undertaken by its investment committee. Luna staff sit as members of that committee. Further details, including all relevant regulatory disclosures can be found at www.thornbridge.com.