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We designed and developed our Fiducia Service with one goal in mind, we wanted something that would become recognised as a leading symbol of trust and of professional standing.

You can be confident that you are dealing with people who are wholly committed to providing you with the very best and most appropriate advice, service and support.

Fiducia’s innovative and competitive investment fee structure has been designed to be open, clear, and fair. Any investment programme that is agreed with you will be designed to deliver the best possible returns against an agreed set of benchmarks.

We will never suggest that you invest in something that sounds too good to be true, and we will help you to utilise HMRC allowances in ways that will allow you, as well as us, to sleep peacefully at night.

The Proposition

Fiducia – from fïdõ (‘to trust; to rely upon’)

Our Fiducia Service offers a holistic approach, one that is designed to create a protection and wealth accumulation plan, tailored for you.

A unique element of the Fiducia service is to be found in its core investment charging structure, which utilises variable fees that are relative to actual performance.

U A minimum of two structured business meetings per annum
U Quarterly portfolio valuations
U Tax and estate planning
U Cash flow modelling
U Access to other professionals and services
U Multi adviser meetings (two heads better than one)
U Performance fees that can go down
U Unlimited access to advisors via phone or email

The Fiducia Service operates on a pooled resource basis. Your situation is unique, so it is assessed and managed by a team of advisers. The best ideas are formulated, tested and reviewed. Only when we are happy that an outcome is suitable, is it presented to you, and continuity of service is assured.

To view the Fiducia Brochure Click Here

The Fiducia Service is subject to a minimum initial investment of £750,000.

Charging Structure

Initial Consultation (1st meeting) – Free of charge

Our fee for research, analysis and implementing advice is £5,000 for initial investments up to £2m.

Over £2m there is no initial charge subject to you taking out our Ongoing Adviser Service.

Standard fees for on-going management services is 0.50% of portfolio value.

Our fees are unique in the market place, we charge what we consider a very competitive standard rate of 0.50%, then we have a scale of fees that link to risk levels and our CPI (Consumer Price Index) benchmark, this is where we are different.

We use Distribution Technology’s market leading risk rating software to determine your attitude to investment risk. Once this is agreed we also discuss your capacity for loss. Once determined this decides the benchmark we will apply to your investment return, as shown in the table below.

DT Risk Rating	DT3	DT4	DT5	DT6	DT7
CPI +	CPI +1.5%	CPI +2%	CPI +2.5%	CPI +3%	CPI +3.5%
e.g. May 2020 CPI = 0.5%	2 Benchmark	2.5 Benchmark	3 Benchmark	3.5 Benchmark	4 Benchmark

We then apply our scale of fees linked to the benchmark as measured over a 1 year period as published by the Office for National Statistics.

If we get a return above the benchmark but below the benchmark plus 50%, then the standard 0.50% fee applies.

If we get a return over benchmark plus 50% but below benchmark plus 100%, then a fee of 0.60% applies to the portfolio.

If we get a return more than 100% of the benchmark, then a fee of 0.75% will be applied.

But here is where we are different, should we not reach the benchmark then we will reduce our fees.

The reduction is linked to the size of the portfolio value at the annual review date, and is reduced as per the table below.

Valuation	£750,000 +	£1,000,000 +	£2,000,000 +	£3,000,000 +	£4,000,000 +	£5,000,000 +
Reduction	-0.05% (10%)	-0.10% (20%)	-0.15% (30%)	-0.18% (36%)	-0.20% (40%)	-0.25% (50%)
New Fee	0.45%	0.40%	0.35%	0.32%	0.30%	0.25%

*Fees are subject to our maximum fee of £25,000pa

As you can see our fees can drop to as low as 0.25% for valuations above £5m.

Managing Risk

We aim to achieve returns in excess of the Consumer Price Index (CPI) over a five to seven-year investment cycle. In order to assist investors to understand how much risk may be taken by each fund, we link each fund to a Distribution Technology risk level. These levels specify the upper expected volatility limit within which the fund will be managed.

Such funds are managed below upper risk limits with no lower risk limit. We are free to reduce risk if we think it is prudent to do so. When managing each fund, we take account of the expected volatility of the asset classes we use and ensure that these remain below an upper volatility limit.
The information below sets out a description of each DT risk level and the target CPI+ rate of return. A is the lowest level of risk and E is the highest.

DT 3

Targeting CPI+1.0%

This risk level is designed for those investors who are seeking steady returns from their investment and are prepared to take only a small amount of risk. They will be viewing their investment over the medium to long-term in order to achieve their goal but will accept that there may be some fluctuations in value over the short -term. Underlying assets at this level will include a greater exposure to fixed interest than equities or other assets.

DT 4

Targeting CPI+1.5%

Investors selecting this risk level will be relatively cautious but will be seeking a reasonable return from their investment. They will be prepared to take a moderate amount of risk over the medium to long term, but will be prepared for fairly frequent fluctuations in value. The underlying assets at this level may have an equal exposure to fixed interest as to equities and other assets.

DT 5

Targeting CPI+2.0%

A fund with this level of risk is designed for those investors who have a balanced approach. They will be seeking potentially higher long-term returns for which they understand there will be a higher level of risk. These investors will be prepared to accept fluctuations in the value of their investment which may be frequent and potentially significant in value. This risk level is likely to have a greater exposure to equities and other assets rather than fixed interest.

DT 6

Targeting CPI+2.5%

Investors selecting this risk level will have expectations of higher long-term returns from their investment for which they will be prepared for not only significant fluctuations in value but potentially sustained periods of underperformance. The underlying assets at this level of risk will have a fairly low exposure to fixed interest against equities and other assets.

DT 7

Targeting CPI+3.0%

This risk level is designed for those investors who are seeking the highest long-term returns from their investment for which they are comfortable with the widest range of fluctuations in value. These investors will be prepared for frequent and at times, sustained periods of poor performance over the short to medium term. The underlying assets at this level will have exposure predominantly to equities and other assets with only a very low exposure to fixed interest.

The Dedicated Fiducia Client Team

Each member of the ‘core’ Fiducia Client Team is there to help, support and liaise with each client on an individual basis.

Kevin Bissell

Dave Jones

Richard Edge

Steve Simonds

Becky Simonds

Colin White

Matthew Hackett

In addition, the Fiducia Client Team is backed and supported by our Investment Committee. This committee, which meets quarterly (and at other times), comprises 8 Independent Financial Advisers, together with a number of third-party investment specialists, and lay persons.

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