Our fund management company Minerva Money Management was formed two years ago. After much hard work behind the scenes the FCA approved our application and we became an authorised and regulated firm. We then spent a number of months looking for an Authorised Corporate Director firm to work with. We kissed lots of frogs but eventually appointed Carvetian Capital Management to be our ACDs. There then followed an FCA 2 months due diligence process before our first fund, The Intelligent Wealth Fund, was successfully launched on 16 April 2018.
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We subsequently decided to change our fund management company name to Minerva Money Management because we learned that our regulator, the FCA, will not allow us to have a fund name that is the same as or similar to our company name! So we decided to swap Intelligent for Minerva who was the goddess of wisdom. We have swapped Money for Wealth.
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The reason why I wanted the words Intelligent and Wealth is because I am determined that our fund should be managed intelligently which means that the fund has a wide remit that allows it to invest in whatever sector or sectors that have the greatest investment potential. This means that unlike other funds which have a narrower remit e.g. bonds, US equities or commodities, The Intelligent Wealth Fund will have the flexibility to invest in the areas with the greatest prospects and disinvest in the areas with the poorest prospects.
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The Intelligent Wealth Fund will invest in 8 themes which are as follows;
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Biotechnology
Robotics
3D printing
Internet of Things
Renewable energy
Banking payment systems
Transport
Media
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These are the sectors which we believe have the greatest prospects for investment growth over the next 5-10 years. Our analysis is the culmination of a long period of studying many books, attending a number of seminars/workshops and reading lots of magazines/newspapers/Internet articles.
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We are absolutely convinced that our fund will be highly successful. We have already created a ghost portfolio of shares and the back tested results are truly impressive. Over the last 12 months there has been a 27% backtested return and over the last 3 years it has been 25% a year! These figures are up until 31 March 2018.
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The CCM Intelligent Wealth Fund has become the satellite element of a core satellite portfolio for clients of our sister Wealth And Tax Management since the launch. So what is a core satellite portfolio?
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It means that the core of the investment e.g. 80% will continue to be into one of Wealth And Tax Management’s Wrap platforms, Parmenion or Standard Life, invested in a conservative way in low cost Index Tracker funds. The balance of c.20% will be invested in the CCM Intelligent Wealth Fund which is the higher risk element of the strategy which will typically be medium risk overall. This means that the investment risk level for Wealth And Tax Management’s clients will remain unchanged yet their overall returns are likely to improve.
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So if you or your financial adviser favours a core satellite strategy it would do you no harm to invest some of your satellite element into the CCM Intelligent Wealth Fund. You know it makes sense.
Â
We subsequently decided to change our fund management company name to Minerva Money Management because we learned that our regulator, the FCA, will not allow us to have a fund name that is the same as or similar to our company name! So we decided to swap Intelligent for Minerva who was the goddess of wisdom. We have swapped Money for Wealth.
Â
The reason why I wanted the words Intelligent and Wealth is because I am determined that our fund should be managed intelligently which means that the fund has a wide remit that allows it to invest in whatever sector or sectors that have the greatest investment potential. This means that unlike other funds which have a narrower remit e.g. bonds, US equities or commodities, The Intelligent Wealth Fund will have the flexibility to invest in the areas with the greatest prospects and disinvest in the areas with the poorest prospects.
Â
The Intelligent Wealth Fund will invest in 8 themes which are as follows;
Â
Biotechnology
Robotics
3D printing
Internet of Things
Renewable energy
Banking payment systems
Transport
Media
Â
These are the sectors which we believe have the greatest prospects for investment growth over the next 5-10 years. Our analysis is the culmination of a long period of studying many books, attending a number of seminars/workshops and reading lots of magazines/newspapers/Internet articles.
Â
We are absolutely convinced that our fund will be highly successful. We have already created a ghost portfolio of shares and the back tested results are truly impressive. Over the last 12 months there has been a 27% backtested return and over the last 3 years it has been 25% a year! These figures are up until 31 March 2018.
Â
The CCM Intelligent Wealth Fund has become the satellite element of a core satellite portfolio for clients of our sister Wealth And Tax Management since the launch. So what is a core satellite portfolio?
Â
It means that the core of the investment e.g. 80% will continue to be into one of Wealth And Tax Management’s Wrap platforms, Parmenion or Standard Life, invested in a conservative way in low cost Index Tracker funds. The balance of c.20% will be invested in the CCM Intelligent Wealth Fund which is the higher risk element of the strategy which will typically be medium risk overall. This means that the investment risk level for Wealth And Tax Management’s clients will remain unchanged yet their overall returns are likely to improve.
Â
So if you or your financial adviser favours a core satellite strategy it would do you no harm to invest some of your satellite element into the CCM Intelligent Wealth Fund. You know it makes sense.
