IBOSS

Website: www.ibossam.com

Introduction

IBOSS are a boutique asset management company, providing cost-effective, innovative and adaptive investment solutions exclusively to the financial adviser marketplace.

The company was created in 2008, the founders of IBOSS Limited had all previously held senior positions within advisory firms and had grown frustrated with the available investment solutions on the market.

We firmly believe in the value advisers add to their clients, that is why our services and products are not directly available to retail clients.

We are well aware that advisers are constantly under pressure to justify fees and demonstrate added value. Both factors are crucial if an adviser is looking to either attract new clients or retain their existing ones.

This is what makes our white labelled client communication service a vital part of our proposition and can be included with any of our solutions at no additional cost.

We are independent of outside influences, selecting funds from the whole of market and with no restrictions placed on us by third parties. This allows us for free thought on market and economic trends, and means we are not influenced by any ‘house’ view other than our own.

IBOSS administers over 8,000 clients and approx. £1.3bn of funds under influence across three investment solution ranges.

Our original investment solution was the IBOSS Limited Portfolio Management Service (PMS). Ten risk-rated model portfolios were constructed in 2006 by Chris Metcalfe, Managing Director and Co-Founder of IBOSS. These model portfolios continue to offer excellent risk-conscious returns.

WHITE LABELLED CLIENT COMMUNICATION SERVICE

Included within the extensive support offered by the MPS, we can also provide white labelled quarterly updates to clients on your behalf. This keeps them informed of current economic and market conditions, as well as fund changes to their portfolios.

Our quarterly white labelled client communications can be included at no additional cost and, as many advisers and planners who use the services of IBOSS have vouched for in our case studies, they often become an indispensable part of a client proposition.

We strive wherever possible to make sure our client-facing material is jargon-free. This makes it easier for clients to engage with the service and we regularly receive positive feedback from them on the simplicity and clarity of our communications. The quarterly updates create a level of client involvement that makes them feel part of their investment journey. We believe this part of the service helps demonstrate the great value in the adviser-client relationship.

Read about our white labelled client communication service in more detail here.

Models

The IBOSS Managed Portfolio Service (MPS) offers four ranges of discretionary model portfolios – Core, Passive, Income and Sustainable. Built specifically for the financial adviser marketplace, our MPS provides practical and cost-efficient ways to outsource the management of your clients’ investments, whilst aligning them to their long-term investment goals, appetite for risk and desired investment style.

Read more about the IBOSS MPS here.

CORE MPS

The Core range consists of eight actively managed risk-rated model portfolios (including an Equity Portfolio), that reflects the fund selection of the successful Portfolio Management Service.

A service that retains all the popular features of our tried and tested PMS, but with the administrative and operational benefits of discretionary management.

Key features:

·        Portfolio construction cap at 0.58% OCF (excl. Equity Portfolio)

·        DFM charge of 0.2%

·        Long term performance track record since 2008

·        Extremely strong defensive characteristics

·        35 to 40 funds in each portfolio, holding a minimum 1% weighting and a maximum 4% weighting

PASSIVE MPS

The Passive range consists of seven actively managed risk-rated model portfolios, using cost effective passive instruments that closely mirror the asset allocation of our core MPS.

A service that offers lower annual fees through its passive orientation and accommodates the more cost-conscious clients.

Key features:

·        Portfolio construction cap at 0.14% OCF

·        DFM charge of 0.15%

·        Built using primarily Passive & Index funds

·        Strong defensive characteristics

·        15 to 30 funds in each portfolio, holding a minimum 1% weighting and a maximum 8% weighting

INCOME MPS

The range consists of six actively managed risk-rated model portfolios that closely mirror the asset allocation of our core MPS.

A service that prioritises income producing assets, whilst still maintaining relatively high levels of diversification. Avoiding the risks of concentration and recency bias are particularly important factors in construction of our income portfolio range.

Key features:

·        Portfolio construction cap at 0.65% OCF

·        DFM charge of 0.2%

·        Targets income producing assets

·        Strong defensive characteristics

·        35 to 40 funds in each portfolio, holding a minimum 1% weighting and a maximum 4% weighting

SUSTAINABLE MPS

The range consists of six actively managed risk-rated model portfolios, using funds within IBOSS’ sustainable framework criteria, whilst closely mirroring the asset allocation of our core MPS. In an area of the market which is particularly complex, we strive to construct portfolios which have a superior level of diversification.

A service that caters to clients who wish to invest in companies and organizations that commit to generating measurable social and environmental goals, alongside a financial return.

Key features:

·        Portfolio construction cap at 0.75% OCF

·        DFM charge of 0.25%

·        Built using funds with strong social/environmental values within IBOSS’ sustainable criteria

·        Supported by Morningstar’s rating system ‘Sustainalytics’ and other third party rating agencies

·        Strong defensive characteristics

·        35 to 40 funds in each portfolio, holding a minimum 1% weighting and a maximum 5% weighting

  Core MPS Passive MPS Income MPS Sustainable MPS
Investment Solution Active model portfolio service, consisting of 8 risk-rated portfolios Active model portfolio service, consisting of 7 risk-rated portfolios Active model portfolio service, consisting of 6 risk-rated portfolios Active model portfolio service, consisting of 6 risk-rated portfolios
Service overview

Retains all the popular features of the PMS, with the administrative and operational benefits of discretionary management

Offers lower annual fees through its passive orientation and accommodates the more cost-conscious clients

Prioritises income-producing assets whilst maintaining diversification within each asset class and a particular emphasis on avoiding concentration risks

Catering to clients who wish to invest in companies that commit to measurable social and environmental goals, alongside a financial return

Fund Selection

(All SOLUTIONS HAVE CLOSELY MIRRORED ASSET ALLOCATIONS)

Reflects the fund selection of the Portfolio Management Service with the additional benefit of preferred share classes on select platforms

Uses cost-effective passive instruments that closely mirror the asset allocation of the Core MPS

Uses income producing assets that closely reflect the asset allocation of the Core MPS

Uses funds within IBOSS’ sustainable framework criteria, whilst closely mirroring the asset allocation of the Core MPS

Active/Passive Split

(APPROX. BASED ON MEDIUM RIsK PORTFOLIO)

Active - 75%

Passive - 25% 

Active - 10%

Passive - 90% 

Active - 80%

Passive - 20% 

Active - 90%

Passive - 10% 

Fund Charges OCF capped at 0.58%* OCF capped at 0.14%* OCF capped at 0.65%* OCF capped at 0.75%*

IBOSS Service Charge

DFM fee 0.2%**

DFM fee 0.15** (0.14% on Aviva)

DFM fee 0.2%** DFM fee 0.25%**
Platform Charge Yes Yes Yes Yes
Management Basis Discretionary Discretionary Discretionary Discretionary
DIRECT access to Investment Team Yes Yes Yes Yes

White labelled Client Updates

Optional (No additional cost) Optional (No additional cost)
Optional (No additional cost) Optional (No additional cost)
Benchmark IA Mixed Investment Sectors
IA Mixed Investment Sectors 
IA Mixed Investment Sectors  IA Mixed Investment Sectors 
Past Performance

From 01/11/2008 (Simulated pre 01/11/2018)

From 31/07/2016 (Simulated pre 01/08/2019)

From 31/01/2017 (Simulated pre 01/02/2020)

From 31/10/2017 (Simulated pre 01/11/2020)

Rebalance Schedule

Quarterly – February, May, August and November.

Fees and charges

Core MPS - 0.20% per annum and an OCF cap of 0.58%.

Passive MPS - 0.15% per annum and an OCF cap of 0.14%.

Income MPS - 0.20% per annum and an OCF cap of 0.65%.

Sustainble MPS - 0.25% per annum and an OCF cap of 0.75%.

The minimum investment amount is £100.

Contact details

For more information about IBOSS, please contact one of our Business Development Managers below or visit
our website;

Business Development Team:

Kevin Morrison: 07891 814345 kevin@ibossltd.co.uk

Tracey Atkin: 07719 327524 tracey@ibossltd.co.uk

Tanya Legge: 07902 307277 tanya@ibossltd.co.uk

Website: www.ibossam.com

Phone: 01423 878840

Email: enquiries@ibossltd.co.uk

IBOSS Asset Management

2 Sceptre House, Hornbeam Square North

Harrogate

North Yorkshire

HG2 8PB

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