PCP Background

Questions & Answers...

Q. Who are PCP?

  A. Private Client Portfolio (PCP) is an amalgamation of leading international fund management houses, who decided to set-up under an independent name, PCP International Marketing Ltd. (PCP IML). These management houses pool their resources to approach the market using the expertise of each individual adviser in their own respective field in a joint approach. PCP has been established since 1996.

Q. What are the most popular PCP Products?

  A. The NEW range of PCP Products: PCP-Aurora, PCP-DPMS and PCP-Win-Win.

PCP also benefits from using a Fund of Funds approach and utilizing the Asset Allocation Committee which includes: Morgan Stanley Quilter, PIMCO, Swiss Life and Forsyth Partners for their joint expertise in their own fields when making decisions on the funds.

Q. Why Invest Offshore?

  A. Offshore funds are domiciled in world financial centres outside your country of origin. Offshore funds tend to have greater tax advantages and lower marketing costs, hence funds face lower expenses than onshore funds.

Q. What about Regulation?

  A. The Registrar and the Administrator are based in Dublin.

Q. Who can invest in PCP?

  A. Anybody except US Citizens and Residents of Ireland.

Q. What are Funds of Funds?

  A. Fund Managers invest in what PCPs Asset Allocation Committee believe to be the best funds, therefore less risk than if one fund manager remains solely in charge of a fund.

Q. What is the Minimum Investment? 

  A. 10,000 US Dollars. (Approximately £ 5,300 Sterling) [via Aurora]

Q. What are the Charges?

  A. All Managed Funds take a percentage, however there are no cancellation costs unlike some Insurance Companies. Annual Management charges are as follows:

· PCP Win-Win = NONE, only a 12.5% performance fee.
· PCP Aurora = 1.25%
· PCP Discretionary Portfolio Management Service = 1.5%

Q. Where do I send the monies and any deadline dates?

  A. Application forms with full details are enclosed in the downloads. Applications and cleared monies must be received five clear business days prior to next Dealing day

Q. What currency and method of payment should I use?

  A. By SWIFT payment of your chosen allowed denomination. All other currencies will be converted.

Q. Are there any transfer or cancellation fees?

  A. No, only if redeeming early from Win-Win, which is just 1%. From past redemptions via the BNP Paribas 'secondary market' have also actually achieved capital growth(!). Early redemption fees for Aurora slide down to nil at year-7.

Q. When do I get my monies back?

  A. Within 30 days.

Q. What is the PCP-Aurora Product?

  A. PCP-Aurora is a specialist NEW Product and Alternative Invetment Class. While investing in a Portfolio of top-Investment Grade Traded Life (TLP's) and Traded Endowment Policies (TEP's), it offers the unique benefit of 110% Product allocation from Day-1..!
Please refer to the section on Aurora for full details of this product.

Q. What is the PCP-Discretionary Portfolio Management Service [DPMS] Product ?

  A. For clients that require professional management of their investments through a leading UK investment house. This portfolio service, offered over a 5 or 10-yr period will provide a guarantee of capital with a minimum return plus uncapped growth.
Please refer to the section on DPMS for full details of this product.

Q. What is the PCP Win-Win Product?

  A. Win-Win is specifically designed to provide the potential for exceptionally HIGH annual 'BONUS COUPONs' [currently at 25%] whilst still guaranteeing (via BNP Paribas) your capital. The BNP Paribas Win-Win is a 5 or 10-yr product with a minimum Direct investment level of $250,000(aimed at institutional level).
N.B. Access is reduced to U$D20,000 if investing via a Life Company Portfolio Bond/Wrapper.
For full details of this product please refer to the section on Win-Win.