The CIS Platform is an online resource for IFA’s and Wealth Managers providing access to a range of alternative investments. Alternative investments are products other than traditional investments such as shares, bonds and cash. Current investment opportunities on the CIS Platform include funds investing in domestic and foreign property, private equity, venture capital and an attractive film scheme.
- All investments are available to investors only via an FSA authorised intermediary such as an Independent Financial Adviser.
- All of the funds listed have FSA authorised and regulated operators and have professional asset management teams.
Commenting on the listing Joe McTaggart, Director of Walls & Futures said:
“Listing The Walls & Futures London Growth Fund on the CIS Platform provides us with the ideal marketing solution and ensures that our fund is only promoted to persons who are authorised under the FSMA. The CIS Platform has an established network of registered IFA’s, wealth managers and family offices with an appetite for this type of alternative investment.”
The Fund will invest in a portfolio of prime residential property in the west of London between Kensington & Chelsea, Hammersmith and Merton. The closed end fund will raise an initial £10 million in capital to rise to £20 million once geared, with a minimum investment of £25,000 and a five year life.
A combination of a favourable euro/sterling exchange rate and property prices off from peak has ensured that overseas buyer interest in West London has remained strong. Walls & Futures will target a combination of rental yield and capital growth.
McTaggart adds:
“According to the Land Registry, over the past 20 months the average house price in London has fallen from £355,934 to £306,934. There is a fantastic opportunity for investors to re-enter the market.”
The fund is open to private investors and institutions in the UK and overseas as well as SIPP and SSAS investors. The minimum investment for the fund is £25,000.
