Pre listing opportunity
The £20k window closes April 1st.
Here's what you need to know.
On April 1st, Helix Research starts the process to list its Active Management Certificate.
The minimum investment moves from £20k to £100k.
If you've been watching from the sidelines, this is the last week to get in at the lower threshold.
The five objections we keep hearing, answered plainly:
"It's not in my ISA or SIPP."
Not yet.
Post-listing, sophisticated SIPP providers will be able to carry the AMC. ISA access via a model portfolio structure is under exploration. If your wealth is wrapper-trapped, the listed route is coming, but it won't be at £20k.
"I don't want to sign a limited partnership agreement."
That's the current structure.
Post-listing, you buy an ISIN through your broker, same as any listed security. No paperwork beyond your normal account.
"I don't want to be a shareholder in another company."
You won't be.
LP investors buy units in a limited partnership. No directorship, no company liability, no Companies House obligations on your part.
"I'm worried about Companies House reporting."
That's the GP's obligation, not yours. LP investors have no filing requirement at Companies House.
"What about HMRC SA401?"
When you join, we prepare and file the SA401 on your behalf, you just provide the information and sign the form.
Speak to your accountant about how your share of income and gains feeds into your self-assessment.
Most passive LP investors find it simpler than they expected.
What happens to your investment when we list?
Your LP units convert into the listed AMC structure, including all gains from your pre-listing investment. You don't start again at zero. You carry your position forward into the institutional vehicle.
The numbers, plainly stated:
Minimum now: £20k
Minimum post-April 1st: £100k
Target return range: 30-50% per annum
Maximum drawdown (10-year backtest): 6.5%
Fee structure: 2% management fees/20% profit share.
If you've been waiting for the right moment, this is it.
Reply to this email and I'll send you our factsheet. We can setup time to discuss your investment.