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The Platinum Wealth
Builder is the result of a unique partnership between Hansard International Limited and Platinum Wealth Management Limited. Their combined strength, knowledge and investment expertise gives investors the confidence that their capital is invested in a secure and stable environment.
PLATINUM WEALTH MANAGEMENT
Platinum Wealth Management Ltd is part of the Platinum group of companies with investment and asset management professionals worldwide. Platinum-affiliated companies have offices in the United Kingdom, Japan, Hong Kong, Spain, Austria, Czech Republic, Cyprus, and Sweden. Platinum-affiliated companies are regulated by the FSA in the United Kingdom and licensed by the Ministry of Finance in Japan.
Platinum and Platinum funds are associated with and use as service providers some of the world's most respected institutions and firms, including UBS Warburg, Royal Bank of Scotland, UBS AG, Fortis Bank, Bear Steams, KPMG, S&P Micropal, Standard Bank, and prominent international legal firms including White & Case.
HANSARD INTERNATIONAL LIMITED
Based in the Isle of Man and authorised by the Isle of Man Government Insurance and Pensions Authority, Hansard International Limited is one of two established life assurance companies operating within the Hansard Group.
The Hansard Group is a provider of specialist international financial services and is focused exclusively on the international market. The Group provides tax-efficient investment and insurance solutions for a large and rapidly expanding client base around the world.
Hansard is guided by its commitment to its clients. Its innovative approach to the international market is based on performance and effective communication.
KEY FEATURES OF THE PLATINUM WEALTH
BUILDER
• The Platinum Wealth Builder grows virtually tax free
• Full and partial encashments are paid out free of Isle of Man tax
• Additional contributions may be paid at any time
• All units are allocated at bid price
• The Platinum Wealth Builder proceeds can be accessed at any time
• A wide choice of currencies for both contributions and benefits
• Supervision and investor protection are assured by the Isle of Man
Government
• Access to the Platinum Portfolio and the expertise of its underlying
fund advisors
• Competitive charging structure
• Trust and trustee facilities available
• The security of a major international financial centre
• Regular withdrawal facility with the Platinum Income Builder
The Platinum Wealth Builder reflects Platinum’s ideal – to
provide flexible, convenient investment products which are good
value for clients. For example, the Platinum Wealth Builder has
no high up-front charge or bid/offer spread. Clients can pay
contributions from £10,000 (US$17,000) or the equivalent in
most freely convertible currencies. Additional contributions from
£1,000 (US$1,700) may be paid at any time. Whatever the
amount invested, the capital invested begins to work immediately
on receipt. Platinum Wealth Builder policies may be
denominated, and contributions paid in a number of currencies
including US Dollars, UK Sterling, Japanese Yen, Swiss Francs
and Euro. There are a number of ways to remit contributions
including by International Direct Debit, Automatic Bank Transfer
and Credit Card.
Where the contract currency differs from that of the contributions
or the Platinum Portfolio, Hansard will arrange the currency
conversion at the company exchange rates then prevailing.
Details of these rates are available on request. Clients should
note
that gains or losses can arise as a result of exchange rate
fluctuations.
THE PLATINUM PORTFOLIO
The Platinum Portfolio consists of funds managed by Platinum Capital
Management Limited and affiliates and by teams of external managers.
Platinum Capital Management Ltd is a London-based team of investment and
asset management professionals. Platinum professionals have more than
250 years of aggregate industry experience. Platinum Capital Management
Ltd is regulated in the UK by the FSA.
Platinum is a creator of quality investment funds. Platinum funds share
certain characteristics which are capable of providing
superior risk-adjusted results in both rising & falling markets.
FOR PLATINUM MULTI-MANAGER FUNDS
• Multiple independent investment managers provide layers of
diversification to reduce risk
• Platinum researches, analyzes and develops hedged investment
portfolios
• Constant portfolio monitoring via Platinum’s proprietary risk
management system
• Platinum’s investment advisers manage an aggregate of $8+ billion
• Portfolios consist of equities, not commodities or currencies
• Platinum fund objectives:
– to consistently outperform the S&P 500
– with a fraction of the downside volatility
FOR PLATINUM SINGLE-MANAGER FUNDS
• Platinum research identifies suitable absolute return managers
• Platinum provides access to managers with extraordinary performance in
all markets
• Platinum’s single-manager fund investment advisers manage $8+ billion
• Hedged portfolios consist of equity based strategies, not commodities
or currencies
• Platinum fund objectives:
– to consistently achieve absolute returns in all market conditions
PLATINUM
CAPITAL MANAGEMENT PORTFOLIO CONSISTS OF THE
FOLLOWING FUNDS
Premier Fund
The Platinum Premier Fund
is a hedge fund that focuses on producing consistent absolute
returns and very low volatility in all market conditions. Premier
invests Long/Short in UK, US, EU government securities with an interest
rate arbitrage overlay to hedge and enhance returns.
Premier’s core investment strategy is short-term fixed income arbitrage.
The manager’s team of proprietary traders seeks to exploit intra-day
distortions in the yield-curve in UK, US and EU three-month and
long-term sovereign debt. The approximate trading split will usually be
30% Gilts(£) / Short Sterling(£), 40% Bunds(€) / Euribor(€), 30%
Treasuries($) / Eurodollars($).
Equity
Plus Fund
Platinum Equity Plus Fund is a multi-manager “hedge fund
of hedge funds.” The fund offers access to approximately
twenty fund managers, many of which are closed to new investment.
Equity Plus is actively managed to allow flexibility
and movement between winning trading styles in different economic
climates.
The portfolio consists of a diversified range of trading strategies
including long/short US Equity, Market Neutral, and
Arbitrage. The portfolio is designed to blend together to give a
superior risk adjusted investment result over time. The
objective of Equity Plus is to
outperform the S&P500 with a fraction of the downside risk.
The fund historically has demonstrated 40% less downside volatility (15%
vs. 9%) and significantly smaller historic drawdowns
than the benchmark S&P500. With less than a 50% correlation with
the S&P 500, Equity Plus performance is
designed not to be dependent on a rising market to produce excellent
risk-adjusted results.
Washington
Fund
The Washington US fund has operated since 1994 with the same fundamental
equity long/short strategy and management
team…with 300% growth, including a 2002 return of +30%.
Positions are diversified across industry sectors in small, mid and
large-cap US stocks, all of which are highly liquid. A
Core/Satellite approach permits the Fund to take advantage of long-term
and short-term trading opportunities at the same
time, and across industry sectors in which Washington has expertise and
insights. Risk management has proved to be a
particular strong point of Washington, with net exposure maintained at
+/-20%.
Turnberry Fund
Turnberry’s objective is to achieve high absolute returns by investing
in, principally, debt securities of companies that have
liquidity problems due to loss of capital markets access. The best
opportunities arise after a cataclysmic event in the capital
markets or a specific industry. Turnberry’s strength is identifying
companies suffering liquidity problems, but that have
the assets, cash flows and motivated managements which allow them to
execute transactions (renegotiation of debt, securities
exchanges, asset sales, or equity infusions) to solve liquidity
problems. Turnberry’s portfolio is diversified across
25-40 positions with an individual issuer limit of 15% and an industry
limit of 20% of assets. Cash pay debt securities
represent 50-80% of the portfolio, defaulted debt securities 5-25%, and
equity 0-20%.
Dynasty Fund
Platinum Dynasty Fund is an Asia long/short equity hedge fund that
focuses on absolute returns with a concentration on
investing in large cap China-related securities. The Investment focus is
on companies publicly-listed outside of China which
will profit from China’s growth. The investment universe consists of
companies in Hong Kong, Singapore, Taiwan, Korea,
Japan and the US that have a significant portion of their assets or
revenue in China, that source or manufacture in China, or
that target the large and growing Chinese consumer market. The Fund does
not trade the Chinese domestic equity markets.
All Weather
Fund
Platinum All Weather Fund is an Absolute Return Strategy with two
objectives: low volatility and consistent monthly
absolute returns. The fund invests in broad-based Equity Index Baskets,
long and short, with an option overlay to hedge
and enhance the returns. The fund generates a large percentage of its
performance from taking advantage of mispriced
options created by market volatility.
Fund characteristics include no individual stock risk, strong risk
management, consistent returns and superior liquidity.
Fund performance of the above funds please click on the following link:
THE
WEALTH BUILDER PLAN IN DETAIL
DESCRIPTION:
The Platinum Wealth Builder, underwritten by Hansard International
Limited, is a unit-linked life assurance contract for single
contributions.
ELIGIBILITY:
Clients must be at least 18 years of age and not resident in the Isle of
Man. The Platinum Wealth Builder can be written on a single or
joint-life first- or second-death basis. Applications cannot currently
be accepted from residents of France, the United States of America or
the United Kingdom.
MINIMUM CONTRIBUTIONS:
The minimum contribution is £10,000 (US$17,000). Additional
contributions from £1,000 (US$1,700) may be made at any time.
Clients may pay contributions in most freely convertible currencies,
with the minimum contribution level being set at the start of the
contract by converting the Sterling limit to the chosen contract
currency.
CURRENCIES:
The Platinum Wealth Builder may be expressed in a number of currencies
including US Dollars, UK Sterling, Japanese Yen,Swiss Francs and Euro.
Contributions, the funds to be invested and withdrawals by the client
may be made in any currency of their choice. Clients may change the
currency in which their contract is expressed at any time, at the
exchange rate then prevailing.
UNIT ALLOCATIONS:
Accumulator units are allocated at bid price for 100% of all
contributions paid. The units allocated are directly related to specific
contributions.
FUNDS:
Units in the Platinum Portfolio will be allocated to the contract.
WITHDRAWALS:
Withdrawals may be made on an ad-hoc basis or automatically to provide
an income subject to normal encashment rules and charges. There is a fee
which is waived, depending on the amount of the total contributions paid
and the frequency of income payments. Please revert to CSM Ltd for
additional details.
Alternatively clients may elect to utilise an Income paying version of
Wealth Builder named Income Builder.
ENCASHMENT VALUE
Withdrawals can be made at any time, for the value of encashed units
less the balance of the year’s management charge (on the amount realised)
subject to the notes below. The value is calculated using the unit bid
prices determined at the next subscription day following the receipt of
a valid encashment request. The minimum encashment is £100.
Units relating to contributions which have been invested for less than
seven years are subject to an additional charge on encashment. This
charge is 7% of the amount encashed if the related contribution has been
invested for less than twelve months, reducing by 1% for each year of
investment of the related contribution.
This additional charge is waived when units are encashed which relate to
contributions which have been invested for between five and seven years,
provided that the amount encashed does not exceed 10% per annum of the
sum of those contributions.
On full encashment, the balance of the year’s service fee and any
outstanding establishment charges will be levied.
INVESTING FOR INCOME
The Platinum Income Builder is a version of the Platinum Wealth Builder
that has been designed to provide automatic regular withdrawals to
provide income in the currency of your choice; alternatively, ad-hoc
partial encashments can be made. Both income withdrawals and partial
encashments are made without deduction of tax by the Isle of Man
authorities. The amount to be withdrawn can be fixed or can be a
percentage of the contributions received.
Withdrawals are provided by encashing sufficient units from the Platinum
Income Builder to provide the sum required. There is a payment fee for
withdrawals. This fee is waived for certain withdrawals depending on the
contributions received – if this facility is of interest please contact
us and we will be happy to advise the terms and conditions applicable to
the Income Builder Plan.
Platinum Capital
Management Fund Performance Download Page
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