Utmost Limited – Evolution and Estate Planning Bonds
Through opening an Utmost Limited Evolution or Estate Planning Bond, you can now choose to invest in our platform's fund range and utilise our Model Portfolio capabilities.
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 Limited 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 Limited Investment Parameters if you are in any doubt.
This is an Utmost Limited owned product and therefore all aspects of the administration, including illustrations and the facilitation of adviser fees, are managed by Utmost Limited.
The underlying assets sit on our platform alongside your clients' other accounts in the form of a Corporate Account in the name of Utmost Limited. Underlying clients will be identifiable by a unique designation.
For further information, you can contact Utmost Limited’s Customer Support team directly:
Telephone: +44 (0)1624 643 345
Alternatively, please speak to your usual FundsNetwork representative.