Utmost Wealth Solutions − offshore bond products
You can now choose to invest in our platform's fund range and utilise our Model Portfolio capabilities, within the following Utmost Wealth Solutions offshore bond products:
- Utmost Limited − Evolution and Estate Planning Bonds
- Utmost PanEurope dac − Selection and Generation Planning Bonds
This includes access to:
- Our standard fund range subject to offshore bond investment rules
- Our Model Portfolio capability for the assets held on our platform
- Our client management service and online reporting tools
Your client's money will initially be placed via Utmost into the Fidelity Cash Fund, giving you the freedom to switch online into their preferred investment options.
As with the other investment wrappers available on the platform, clients can benefit from unlimited free switching (for dual priced funds there may be an additional bid-offer spread and fund managers may levy buy and sell charges).
If you choose to invest in exchange-traded investments for your clients, then a low dealing fee will apply.
Please note that the value of investments and the income from them can go down as well as up so clients may get back less than they invest. Tax treatment depends on individual circumstances and all tax rules may change in the future.
As you will be aware, some fund types are not permitted to be held within an offshore bond wrapper.
Please ensure that the funds you wish to access on behalf of your clients are permissible under the offshore bond rules. Our online fund range is not restricted – please refer to the Utmost Investment Parameters if you are in any doubt.
This is an Utmost owned product and therefore all aspects of the administration, including illustrations and the facilitation of adviser fees, are managed by Utmost Limited and Utmost PanEurope dac.
The underlying assets sit on our platform alongside your clients' other accounts in the form of a Corporate Account in the name of Utmost. Underlying clients will be identifiable by a unique designation.
For further information, you can contact Utmost's Customer Support team directly:
Telephone: +44 (0)1624 643 345
Alternatively, please speak to your usual Fidelity representative.