Services

Independent Investment Advice

The Wine & Spirit Trade Association (Independent from Waud Investment Wines) has produced guidelines which we are following as noted below;

Waud Investment Wines Ltd agrees to provide the following services

To send the Buyer the portfolio document within a period of 7 days from receipt of the order.

To manage the Buyer’s portfolio of goods by:
• informing the Buyer when Waud Investment Wines Ltd identifies an appropriate opportunity to sell the goods at a price which will enable the Buyer to improve his or her investment; effecting the sale of the goods
• recommending investment in further goods
• effecting the purchase of the goods.

Investment Policy

For the avoidance of doubt, the fine wine industry is not regulated by the Financial Conduct Authority (FCA). Consequently Waud Investment Wines Ltd is not a financial institution and we cannot give financial advice or any guarantees about the potential increase in a fine wine’s value. Waud Investment Wines Ltd emphasises to the buyer that the value of the buyer’s investment may decrease or increase dependant upon prevailing market conditions over which Waud Investment Wines Ltd has no control.

Investment Term

Wine is a wasting asset therefore supply and demand economics suggest that the longer a wine is held, the more valuable it should become. We suggest that you should not purchase wines for investment unless you are prepared to wait for a minimum of 3 to 5 years. It is important to speak to a financial advisor for specific financial and taxation advice.

Charges

We charge a 2% per annum fee to manage your fund. These fees are drawn down against cash held in the fund alongside the investment wines held on behalf of you and other investors in the case of a joint fund.

RH&D

A one off charge for receiving, handling and dispatching a case, inclusive of case picking, case labelling that would determine ownership of the case and includes administration. This is a pass through cost from Vinothèque.

Rental & Insurance Charges

£9.50 + VAT per case (9 litres) per year and is charged quarterly, in advance.

Photography

If you would like a photograph of your wine, a charge of £5.00 is levied per case. All prices are excluding VAT at the prevailing rate of 20%.