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;

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.