Momentum Wealth Personal Portfolio is The Cheapest and Best Managed Investment Platform of its kind.

The Momentum Wealth Personal Portfolio is designed for investors, looking for a medium to long-term investment service, who want maximum flexibility and liquidity in their offshore investment portfolio.

Benefits of the Personal Portfolio

• Investors have full access to their investment without penalties or restrictions - subject to any liquidity restrictions applicable to the international funds held in their portfolio
• Wide-ranging investment choice – over 1,200 international ETFs, and funds to choose from
• Multiple ownership options
• Access to multi-currency funds within one portfolio
• Consolidated valuation reporting via secure website or through the appointed financial adviser.

Minimum Contributions & Surrender Charges (How long your money is locked-in)

• Minimum Contribution - USD 25,000 one-time.
• Currencies - US dollar, Euros, British Pounds, Australian Dollar, Hong Kong Dollar, Japanese Yen, Swiss Francs
• Additional Contributions - USD 7,500 (whenever required)

The Momentum Wealth Personal Portfolio Investment Platform has no surrender charges at all, and all of you money is accessible from day one.

At the USD 25,000 entry point, the Momentum Wealth Personal Portfolio Investment Platform offers the best value-for-money.

Capital Protection

• The Momentum Wealth Personal Portfolio Investment Platform is not ‘Capital Protected’ regardless of the version selected. While this is true, other mutual fund based investment plans in the market are not capital protected as well.
• Investors Trust Assurance offers a ‘Capital Protected’ Investment plan called the S&P500 Index 7Y Lumpum which invests in the S&P500 index.

Investment Options (Where the money can be invested)

• Warren Buffet recommends investing in low cost index-funds. Momentum Wealth Personal Portfolio Investment Platform offers over 1,200 investment funds including 80 low-cost Exchange Traded Funds (ETFs), and mutual funds to choose from.
• Almost all the well-known international ETF and Fund Management companies are available on this platform.

  Some of the ETFs offered have annual charges as low as 0.07% per annum.

Charges

• Momentum Initial Fee - 0.5% of investment amount (One-time)
• Annual Administration Fee - 0.5% of investment amount per annum
• Financial Advisors Fee - 3% initial (One-time), and 1% per annum
• Transactional bank charges are incurred when buying or selling funds, with a charge of USD 50 (or currency equivalent) per cash investment.
• USD 35 (or currency equivalent) per switch instruction (not per fund) and per withdrawal to the investment owner’s bank account.

What you would end up with if:

• You invest - USD 100,000, and withdraw after 10 years for example,
• You would get at the end of the 10 years - USD 203,000 at an assumed growth rate of 9% (net of financial advisor’s fee of 1% p.a.).

What an actual quote looks like:

Click on the images below to magnify them. 

Jurisdiction - (Where your money is held)

Momentum Wealth International is based in Guernsey in the Channel Islands, one of the most respected and well regulated international finance centres in the world.

The Guernsey jurisdiction protects investors by guarantee at least 90% of the liabilities of insurance companies in Guernsey should they go bankrupt.

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.

Investors Trust Platinum Plus is The Cheapest Version of the Platinum Investment Plan

The Investors Trust Platinum Plus investment plan is the cheapest version of the Platinum Investment Plan. It is designed for the investors who have at least USD 100,000 to invest, and those who don’t want any commitment to invest money in a contractual savings plan, even for 5 years.

The Investors Trust Platinum Plus Investment Plan Offers the Following Benefits:

• Wide range of investment options
• Online account access
• Security through the safe and private custody of assets
• Liquidity
• Ability to change investment strategies online
• Facility to receive regular income from portfolio
• Different plans to choose from
• (To keep things simple, I am reviewing the different plans separately).

Minimum Contributions & Surrender Charges (How long your money is locked-in)

Minimum Contribution - USD/EUR/GBP 100,000 one-time.

Additional Contributions - USD/EUR/GBP 10,000 (whenever required)

The Investors Trust Platinum Plus Investment Plan has no surrender charges at all, and all of your money is accessible from day one.

However if you have USD 100,000 to invest, the Momentum Wealth Personal Portfolio Investment plan offers better ETF/fund range, and lower charges at this entry point.

Capital Protection

The Investors Trust Platinum Plus Investment Plan is not ‘Capital Protected’ regardless of the version selected. While this is true, other mutual fund based investment plans in the market are not capital protected as well.

Investors Trust offers a ‘Capital Protected’ Investment plan called the S&P500 Index 7Y Lump sum Investment Plan which invests in the S&P500 index.

Investment Options (Where the money can be invested)

Warren Buffet recommends investing in low cost index-funds. The Investors Trust Platinum Plus Investment Plan offers around 150 investment funds including 17 low-cost Exchange Traded Funds (ETFs), apart from mutual funds to choose from.

Some of the fund managers include - Alliance Bernstein, BlackRock, Fidelity, Franklin Templeton, GAM, Henderson, Investec, iShares, Invesco, Man Investments, MFS International, Morgan Stanley, Pictet International, PIMCO, Schroders, etc…

  Some of the ETFs offered have annual charges as low as 0.1% per annum.

Charges

Annual Administration Charge - Nil

Bid/Offer Spread - Nil

Policy Fee - Nil

Asset Management Fee - 0.125% monthly (1.5% p.a.) of fund balance as long as money stays invested.

What you would end up with if:

You invest - USD 100,000, and withdraw after 10 years for example,

You get at the end of the 10 years - USD 215,892 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Investors Trust Platinum Select is The Slightly Cheaper Version of the Platinum Investment Plan

The Investors Trust Platinum Select is the slightly cheaper version of the Platinum Investment Plan. It is designed for the investors who have at least USD 50,000 to invest, and those who don't want any commitment to invest money in a contractual savings plan, even for 5 years.

The Investors Trust Platinum Select Investment Plan Offers the Following Benefits:

• Wide range of investment options
• Online account access
• Security through the safe and private custody of assets
• Liquidity
• Ability to change investment strategies online
• Facility to receive regular income from portfolio
• Different plans to choose from
• (To keep things simple, I am reviewing the different plans separately).

Minimum Contributions & Surrender Charges (How long your money is locked-in)

Minimum Contribution - USD/EUR/GBP 50,000 one-time.

Additional Contributions - USD/EUR/GBP 10,000 (whenever required)

The Investors Trust Platinum Select Investment Plan has a surrender charge of -

• End of year 1 - 6.4%
• End of year 2 - 4.8%
• End of year 3 - 3.2%
• End of year 4 - 1.6%
• End of year 5 - 0%

While surrender charges are not desirable, if you hold the plan for at least 5 years (which you should with any investment), the Investors Trust Platinum Investment Plan however, offers better value for money at the USD 10,000 entry point.

Capital Protection

The Investors Trust Platinum Select Investment Plan is not ‘Capital Protected’ regardless of the version selected. While this is true, other mutual fund based investment plans in the market are not capital protected as well.

Investors Trust offers a ‘Capital Protected’ Investment plan called the S&P500 Index 7Y Lumpum which invests in the S&P500 index.

Investment Options (Where the money can be invested)

Warren Buffet recommends investing in low cost index-funds. The Investors Trust Platinum Select Investment Plan offers around 150 investment funds including low-cost 17 Exchange Traded Funds (ETFs), apart from mutual funds to choose from.

Some of the fund managers include - Alliance Bernstein, BlackRock, Fidelity, Franklin Templeton, GAM, Henderson, Investec, iShares, Invesco, Man Investments, MFS International, Morgan Stanley, Pictet International, PIMCO, Schroders, etc…

  Some of the ETFs offered have annual charges as low as 0.1% per annum.

Charges

Annual Administration Charge - 1.6% p.a. (taken quarterly at 0.4% per quarter. years 1 - 5 only)

Bid/Offer Spread - Nil

Policy Fee - Nil

Asset Management Fee - 0.3% quarterly (1.2% p.a.) of fund balance as long as money stays invested.

Free Partial Withdrawals - Free partial withdrawals available, but subject to maintaining the Minimum Cash Surrender Value of USD/EUR/GBP 10,000

What you would end up with if:

You invest - USD 50,000, and withdraw after 10 years for example,

You get at the end of the 10 years - USD 100,708 with an assumed growth rate of 8% (net of charges).

What an actual quote looks like:

Click on the images below to magnify them. 

Jurisdiction - (Where your money is held)

Investors Trust Assurance SPC (“ITA”) is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority.

The Cayman Islands is an Overseas Territory of the United Kingdom recognized as the world’s sixth largest international banking centre and one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licenses here. 

Regulated banks in the Cayman Islands represent some 45 countries from around the world. This global representation proves that the Cayman Islands is widely acknowledged as one of the leading offshore financial centres.

While the financial services chapter of the Cayman Islands dates back 40 years, the seeds of it were sown as early as the 1700s. Two important legacies of history remain from that era – English common law and tax neutrality (The Cayman Islands has never had a system of direct taxation and instead employs an indirect, consumption-based taxation system). The Cayman Islands has always been an open, free market economy, and from the 1960s onwards, successfully invested its “historic capital” to the benefit of the financial services sector.

Cayman Islands is a British Offshore Territory, just like the Isle of Man and Guernsey, which are the base for Zurich International Life, Friends Provident International, Generali International, etc…

Investors Trust uses Merrill Lynch Bank of America as its custodian, and keeps client’s money in a ‘Trust’ account that is isolated from the liabilities of the Bank, or Investors Trust itself.

Which means - even if both the bank and Investors Trust were to go bankrupt, the client’s money is safe.

Disclaimer: This article is assumed to be accurate at the time of publishing, and represents the personal opinion of the author. If you wish to correct/contest any of the following, please do so in the comments below. I am open to correcting errors if any. All opinions are welcome.