PERSONAL SHARE PORTFOLIOS

Accorn offers a range of model Personal Share Portfolios (PSP) that enables our clients to invest into a basket of directly owned securities and funds.

ACCORN PSP's

The following PSP's are available via Accorn;

The Flexible PSP Model

  • Caters for voluntary monies.
  • It has no restrictions in relation to its investment profile however is tilted towards capital growth funds.
  • This model aims to provide investors with long-term capital growth in line with its benchmark target of at least inflation plus 4% over time.
  • This model has a medium risk profile and invests in assets across the risk spectrum which includes but is not limited to local Equities, Fixed Income, Listed Property, and International listed entities.

The Managed PSP Model

  • Caters for post-retirement monies.
  • It has no restrictions in relation to its investment profile however is a blend of capital growth and income producing funds.
  • This model aims to produce an annualised return of at least inflation plus 4% over time and is specifically managed to suit investors who want to draw an income over an extended period.
  • This model has a medium risk profile and invests in assets across the risk spectrum which includes but is not limited to local Equities, Fixed Income, Listed Property, and International listed entities.

The Balanced PSP Model

  • Caters for pre-retirement money and applies the terms of Regulation 28, of Section 36 of the Pension Funds Act of 1956.
  • The model is therefore restricted in relation to its investment profile.
  • This model aims to provide investors with moderate long-term capital growth in line with its benchmark target of at least inflation plus 4% over time.
  • The model has a medium risk profile and invests in assets across the risk spectrum which includes but is not limited to local Equities, Fixed Income, Listed Property, and International listed entities.

WHAT ARE THE LEGAL AND PRACTICAL ASPECTS OF A PSP?

Where any changes are made to the underlying shares or funds included in our discretionary model PSPs, this may result in a Capital Gains Tax (CGT) liability for the investor, Accorn seeks, where possible, to minimise the impact.

There is no CGT liability on retirement funds held in PSPs.

The investor can, therefore, see from their investment statement which underlying shares and funds their investments are exposed to.

OWNERSHIP

The investor remains the owner of the underlying investments included in the PSP.