TIME:EIS Shipping tranche 2 has now closed after reaching capacity ahead of the 2016/17 tax year end. With capacity reached we can no longer accept new application forms or funds for this investment opportunity. If you have any questions about this, please speak to a member of our team on 020 7391 4747 or email firstname.lastname@example.org.
TIME:EIS Shipping invests in the dry bulk shipping sector where TIME believes a major market downturn has created an exciting investment opportunity. This enables your clients to invest in an Enterprise Investment Scheme (EIS) qualifying trade that diversifies their portfolio into a sector they are unlikely to have previously had access to, with considerable growth potential and a significant degree of downside protection through the asset backed nature of the investment.
“A thriving maritime sector is extremely important in supporting the wider UK economy” – Department for Transport, September 2015
TIME:EIS acquires first dry bulk carrier
Tranche 1 of TIME:EIS Shipping successfully reached its £5 million capacity, closing on 5 April 2016. TIME:EIS portfolio company, Agenor Shipping Ltd, has successfully completed its acquisition of a dry bulk carrier which is now fully crewed and operational under the British Flag. As part of the acquisition we renamed her the ‘Grasshopper’ – find out why in the full announcement.
Read the full announcement
Track the Grasshopper – view the map
Henny Dovland sits down with Dan Kiernan of Intelligent Partnership to discuss the TIME:EIS.
A visual highlight of some of the key information about the state of the shipping market
To complete your due diligence on TIME:EIS Shipping, we have created a full pack that is available to all advisers. Included in the pack is a suitability letter and comprehensive due diligence questionnaire.
Since its launch, TIME:EIS Shipping has been highly rated by a number of independent reviewers. To further your due diligence, please take a look through the below:
Rated 85 out of 100
“The competitive cost structure and experienced shipping operator and advisory team behind the TIME:EIS Shipping will provide investors with an opportunity to participate in a market recovery, should it occur”
Rated 85 out of 100
“TIME is an established, well-capitalised and well-resourced manager in alternative tax efficient investments, with a growing presence thanks to a commitment to building a sales force able to challenge market leaders.”
“We believe the offer may appeal to investors with an appetite for risk and willing to invest in a single, large distressed asset”
“The Service offers investors a largely asset backed trade with potential for significant upside and a number of downside protections”
For their latest sector report, Intelligent Partnership has created a comprehensive independent industry report on the Dry Bulk Shipping sector. This has been designed to provide you with all the background information you need on the dry bulk shipping industry and details the potential risks and benefits of investment. As an added bonus, readers will qualify for two hours structured CPD.
“Research reveals senior shipping professionals believe now is a good time to invest in the dry bulk shipping market”
TIME commissioned a survey amongst senior shipping professionals to gain insight on the current views of the dry bulk shipping market.
Jon Cudby, Editor of Money Management for FTAdviser, reviews TIME:EIS and shares his thoughts on this asset backed EIS offering.
“Owning a ship is just a dream for all but the most wealthy individuals, but the comparatively low minimum investment makes this EIS one of the most accessible ways of realising it.”
Scott Longley provides insight into the new launches in the EIS space, which are open to investors this year – using TIME:EIS Shipping as a prime example of a ‘more traditional investment proposition’ that is in the spirit of the Enterprise Investment Scheme.
CNBC interview Nigel Ashfield, Managing Director of TIME, offering insight into the current state of the shipping market and TIME:EIS Shipping.
For some in-depth insight, FTAdviser put questions to Nigel Ashfield, Managing Director of TIME, on the changing landscape of EIS and their innovative new opportunity.
We recognise our solutions are not appropriate for all circumstances and it is important investors receive the right advice, which is why we recommend you seek independent financial advice before choosing to invest.
If you are an investor who’s interested in our investment opportunities and you don’t already have a financial adviser, you may wish to visit the independent comparison site unbiased.co.uk to find a professional adviser in your local area.
The value of an investment in this product can fall as well as rise and investors might not get back the amount they originally put in. The availability and extent of tax benefits depends on an investor’s personal circumstances, and is subject to change. The availability of tax reliefs also depends on the investee companies maintaining their qualifying status. Neither past performance nor forecasts are reliable indicators of future results and should not be relied upon. Unquoted or smaller company shares are likely to have higher volatility and liquidity risks than other types of shares quoted on the London Stock Exchange Official List. The information on our website is not intended to constitute investment, tax or legal advice. We recommend you seek independent advice before investing in our products.
For full details of the risks associated with our investment opportunities please read the relevant product brochure, deal sheet and application pack.