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RC Brown rolls out AIM IHT portfolio service

RC Brown rolls out AIM IHT portfolio service

RC Brown has launched an AIM-based IHT portfolio service in response to client demand.

The service is run by investment director Neil Whelan and Citywire A-rated fund manager Oliver Brown, who runs the MFM UK Primary Opportunities fund.

It will follow the same investment process as this fund, namely investing in companies when they raise money.

Portfolios are invested in 25-35 shares, while fees are 1.25% + VAT, inclusive of all custody and dealing charges. Minimum investment is currently at £50,000.

Citywire A-rated investment director Alan Beaney said that these portfolios are inheritance tax free after two years, so a client will profit as long as the fall in value is less than 40%.

Current positions include support services group Marlowe, Mercantile Port & Logistics, which owns and operates port and logistics facilities in India, fishing equipment firm Angling Direct and Gamma Communications, a telecoms company focused on the UK business market.

Brown (pictured) said: ‘We are in a great position to offer an AIM IHT service because of our experience in smaller companies, UK equities and our history of investing in the AIM market. We have built a reputation for sticking to what we know and doing it well so, in keeping with our ethos, this product is a subset of what we do already.’

The process was set up last May to accommodate a large client and it is now being rolled out to the firm’s wider clientele.

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Alan Beaney
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21/159 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 34.48%
Oliver Brown
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22/159 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 34.48%
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