Simplified Administration

LHFM recognise the importance of providing clients with exemplary service. The Portfolio Management Service uses the administration services of BNP Paribas Fund Services UK Limited, a wholly owned subsidiary of the BNP Paribas Group, one of Europe's largest banking groups.

BNP Paribas Fund Services UK Limited are a major provider of retail investment product administration and the largest investment trust administrators in the UK. They are also the sixth largest providers of unit trust administration providing the first comprehensive facility to the UK investment manager.

Nominees

For additional security all of the portfolios are held by an independent nominee company.

Charges

LHFM recognise that clients wish to have an easily understood and clearly defined charging structure. Therefore the Portfolio Management Service is fee-based with only two charges an initial charge and an annual charge. The maximum initial charge is a one off charge of 4% + VAT of the value of the portfolio and the annual charge is 1.25% + VAT of the value of the portfolio.

The underlying funds held within the portfolios have initial and annual charges, however, because LHFM manages significant sums on behalf of investors we are able to invest at institutional rates not available to most personal investors. These discounts on the initial charges on the underlying funds are passed on to the client resulting in significant savings and minimising the actual setting up costs of the portfolio.