Your questions answered Vol 2 - IM Private Clients

[JulianPH]

forest172 said:

so for this tax year I take it I can open an IM money account and lump £20k cash in it and buy funds even though I have my current ISA and SIPP with vanguard?

Can I then in due course switch my current ISA in full or part into my IM account?

ok just tried to do it, and the declaration states 20/21 tax year and that I will subscribe to further tax years. So obviously the years wrong, and will I have said I`d do that with vanguard in their declaration regarding future tax years?

Edited by forest172 on Tuesday 6th April 18:10

All sorted now.

[Ron-ski]

Mr Whippy said:

Carnival isn’t in PHR any more is it?

Or any other IM funds?

It's still in PHR, it was Norwegian that was sold.

[Mr Pointy]

markiii said:

looking up the investment options ahead of this years ISA allowance.

However I can't see a definition for the IM Index funds on your website.

Could you clarify?

The fact sheets are in the library section here:
https://private-client.intelligentmoney.com/litera...

[Faramir]

I’ve been trying to open a S&S ISA but just get “Your contributions on your ISA (Stock & Shares) account will exceed the annual ISA limit in either this or future tax years” during application. Don’t know if it’s me or the website. Tried it with different amounts below £20k.

[JulianPH]

Faramir said:

I’ve been trying to open a S&S ISA but just get “Your contributions on your ISA (Stock & Shares) account will exceed the annual ISA limit in either this or future tax years” during application. Don’t know if it’s me or the website. Tried it with different amounts below £20k.

Very strange, the team are looking into this now and I'll get back shortly.

Cheers

Julian

[Faramir]

JulianPH said:

Very strange, the team are looking into this now and I'll get back shortly.

Cheers

Julian

Thanks Julian

[Mr Whippy]

Ron-ski said:

Mr Whippy said:

Carnival isn’t in PHR any more is it?

Or any other IM funds?

It's still in PHR, it was Norwegian that was sold.

Ahh need to add that to my ticker thing then haha, thanks!

[SimonTheSailor]

We must be close to another PHR sale soon mustn't we ?!

(I just like the emails telling me somebody's giving me some money.........)

[JulianPH]

PHR Update

Everyone invested will shortly receive an email from us informing you that we have now sold down 4 more stocks in PHR:


Carnival - Return since launch 87.71%

Meggit - Return since launch 54.79%

Redrow - Return since launch 45.23%

Taylor Wimpey - Return since launch 29.69%


PHR was established to benefit from short term CV19 opportunities. We consider that with just shy of a 60% return since launch 9 months ago (57.55% with no cash reinvestments, to be precise) PHR has fulfilled it's objective in delivering high rewards over a very short investment time period.

With only 4 stocks now remaining and a significant change in the investment landscape since launch, we believe that the opportunity to continue at this pace is heavily diminishing as time passes and the potential for equivalent investment returns going forward are now available within other portfolios.

We basically consider that after the twists and turns since launch we have now hit a sweet spot and PHR investment objectives have been met.

To this extent we are closing PRH to any new investments/reinvestments whilst we put in place a full return of remaining capital to all investors.

Any requests made to date will still be actioned unless you instruct us otherwise.

Cheers

Julian

[Ali2202]

From our perspective we are absolutely thrilled with the results. Huge thanks to the IM Team.

[Jasey_]

The old dietzy make it up as you go along has me at +70.9%.

I could grumble but that would be churlish.

Good effort guys .

[i4got]

Great result and now the headache of what to do with the returns. - nice problem to have.

[Mr Whippy]

i4got said:

Great result and now the headache of what to do with the returns. - nice problem to have.

I'm waiting for PH Hindsight and PH Tech and PH Recovery 2 (after the next flash crash in late June )

[Simpo Two]

i4got said:

Great result and now the headache of what to do with the returns. - nice problem to have.

Well my shares loss that missed 20/21 by a day just got spent, and my 21/22 CG allowance wiped out after only 3 days!

[pingu393]

Simpo Two said:

i4got said:

Great result and now the headache of what to do with the returns. - nice problem to have.

Well my shares loss that missed 20/21 by a day just got spent, and my 21/22 CG allowance wiped out after only 3 days!

Better to have 362 days to find ways to avoid CGT than just few hours to sort things. I was doing my accounts over the weekend and was started to think I might have overdone it on the pension contributions .

[Fonzey]

PHR was my first foray into S&S ISAs so it's been quite a journey. Logging into my portal on a weekly basis has been genuinely enjoyable!

Well done team, shame all good things come to an end... unless anyone knows of any questionable seafood we could go have a crack at?

[supersport]

It's been a fantastic run and I have been extremely happy with it.

If only I had put more in, but that's entirely my fault.

[pingu393]

Will the money be available before the start of the 5.15 at Aintree this weekend?

[Captain Raymond Holt]

supersport said:

It's been a fantastic run and I have been extremely happy with it.

If only I had put more in, but that's entirely my fault.

I agree. I do love getting emails from IM

I often wonder how much skin people do have in the game, I bet it’s a pretty wide range!

[renmure]

Mr Dietz tells me I'm only at 69.57% which I'll just have to get over and not be overly sad about. I have reinvested all the returns each time from day one tho and wish I'd been a bit greedier at the start and put even more in. Thankfully Mrs R followed my advice and just did what I did as well so she seems happy too, which is always a bonus.