Risks of Investing – Bespoke
The key risks associated with the Stellar Bespoke Inheritance Tax Service are outlined here – please refer to the Stellar Bespoke Inheritance Tax Service Terms for a full list.
Your capital is at risk
The value of your Personal Trading Company, and any income derived from it, may go down as well as up and you may not get back the full amount you invested.
Qualifying business activities are not guaranteed
There is no guarantee that sufficient investments in qualifying business activities will be made within the expected timetable, or at all. In addition, qualifying business activities may subsequently cease to qualify for Business Relief. In such cases, Business Relief could be lost or delayed.
Target returns are not guaranteed and you cannot rely on past performance
Please remember that past performance is not a reliable indicator to future performance, and there is no guarantee the target return objectives will be met.
Tax reliefs are not guaranteed
The rates of tax, tax benefits and tax allowances described in this brochure are based on current legislation and HMRC practice. They are not guaranteed, are subject to change, and depend on personal circumstances. In addition, any changes to what constitutes a qualifying business activity may have a material adverse effect on the value of the Businesses or the ability of Stellar to achieve the objectives of the Stellar Growth Inheritance Tax Service.
Investments are long-term and high risk
Investments must be held for at least two years, and held at death, to benefit from Business Relief. Although you can request a withdrawal from your Personal Trading Company, there may be a delay because the interests in the Businesses are not liquid. Exits are reviewed quarterly and there is no guarantee that an exit will be possible. Such interests are also considered to be higher risk than securities listed on the London Stock Exchange.
Conflicts of interest
Instances may arise where the interests of one group of investors will present a conflict with the interests of another group, or an interest of Stellar. In the event of a conflict, Stellar’s investment committee will work to ensure that this is resolved fairly and in accordance with its conflicts policy.
If you have any questions, please consult your adviser or call Stellar on 020 3195 3500. Please note that calls to Stellar may be recorded.