Important Information

Past performance is not a reliable indicator of future performance and values of investments can go down as well as up. SCM Private is authorised and regulated by the Financial Services Authority.

Risk and performance can change over time. All opinions are correct as at the time of writing and are subject to change without notice. Please note that nothing in this document should be interpreted as financial advice and may not be suitable for every investor. Investing in Exchange Traded Products may expose the investor to a number of risks, some of which are specific to Exchange Traded Products and some of which are general investment risks. The tax treatment of investments depends on each investor's individual circumstances.

Performance is based on the performance of the first client discretionary portfolio after the SCM Private annual management fee (0.50% + VAT pa for the Absolute and Long-Term Return Portfolios and 0.30% + VAT pa for the Bond Reserve Portfolio) and associated dealing costs but does not take into account wrap platform costs or IFA fees.

SCM Private performance calculations are based on monthly returns provided by Financial Software Ltd. Individual client portfolios may differ due partly to differences in the timing of initial investment or withdrawals or rebalancing and differences in dealing costs charged by the various wrap platforms. Performance can be affected by currency fluctuations. Risk and performance can change over time and the SCM Private Model Portfolios may not be suitable for all types of investor. The tax treatment of investments depends on each investor's individual circumstances and is subject to changes in tax legislation. Discretionary portfolios are not subject to the same regulatory constraints as UCITS and other regulated funds.