Plenitude: Sustainability | Responsible Investing | Wealth & Pensions | UK
Saving For Our Future
thomas-lambert-407374-unsplash.jpg

Legal

Privacy Policy, consent and use of cookies:

Plenitude.io respects your right to privacy.

Any details provided to us through our contact page or otherwise may be recorded in our client database, however it is not required for you to provide us with any personal information to make use of this site or its features.

By using our website you consent to the collection and use of your personal information in the manner set out in this privacy policy. If we change or modify this privacy policy we shall post these changes on this page.

In order to improve our services, or for marketing, we may collect and record any information you provide us in a database. This database will only be used by us, or by third parties acting on our behalf. We do not sell or otherwise distribute client information.

We produce client briefing notes, marketing information on our services, and other newsletters. We may distribute these notes to you via email if we think it is appropriate. You may opt out of any such distributions at any time.

If you wish to review the information we hold about you, or wish for any such information to be deleted, please contact us.

If any of the details we hold about you are out of date, or inaccurate, please inform us so that we can correct them. 

Plenitude.io uses analytic cookies to understand how our site is being used. This measures the number of visitors and tells us how they navigate the site. No personal information is gathered through this form of tracking.

We offer sharing tools (Facebook,Twitter etc) – If you use these sharing tools, those sites set a variety of cookies.

Important investment Information:

It is important for you to bear in mind the following regarding the risk of investing:

  • Investing will place your capital at risk and you may not get back the full amount invested.

  • Past performance is not an indicator of future performance.

  • The value of your investments may go down as well as up.

  • The price or value of your portfolio may fluctuate significantly.

The price of shares and other investments, and the income derived from them, may fall as well as rise and the amount realised may be less than the original sum invested. While the services you receive from Plenitude.io are protected by the Financial Services Compensation Scheme ("FSCS") to a limit of £50,000, any fall in the value of your investments is not protected by the FSCS.

If you are in any doubt about the risks involved in investing, the services we provide or whether to invest with Plenitude.io, please ask for clarity by contacting us at team@plenitude.io or seek independent financial advice.

There are general risks to which all asset classes, financial instruments and financial services are exposed and which may lead to a financial loss. Some of these risks are:

  • Economic risk: The economy moves in cycles. Cyclical downturns can reduce the value of your investment substantially

  • Inflation risk: Money is subject to decrease in value due to inflation.

  • Liquidity risk: Some investments may not sell immediately at or near the full value due to a limited number of buyers in the market. This can be related to a number of factors including economic conditions, market conditions or selling restrictions. Plenitude.io invests in liquid exchange-traded funds but it is still possible that conditions could lead to illiquidity in your portfolio.

  • Tax risk: Income and capital gains from investments are subject to taxes. Changes of the tax code might lead to an unexpected value decrease of your investments. We do not offer tax advice.

  • Cost risk: ETF providers, custodians, asset managers and other financial services companies charge various costs which may substantially reduce the performance of your investment over time.

  • Market conditions may limit the ability for the investment manager to trade and/or adversely affect the price of an asset.

  • Whilst the majority of the investments selected are denominated in Sterling (GBP), those traded in a different currency are exposed to foreign exchange risk. Exchange rate fluctuations may affect the value and income generated from these investments when converted to sterling.

    You can withdraw your assets at any time, but should not start a new investment unless you intend to leave the money invested for at least three years.

You should also be aware of the Risks of Different Asset Classes

Shares: Shares represent a partial ownership in a company. The value of shares is derived from dividing the value of a company by the number of shares which it has issued. It generally entitles the investor to an equal distribution in any profits paid in the form of dividends.

  • Price risk: The price of a share is determined by supply and demand and may be influenced by general economic risk as well as specific risks pertaining to the company itself. This may lead to a decrease in the value of the share. This development cannot be systematically predicted.

  • Insolvency risk: As shareholders' claims are generally the last ones fulfilled in case of insolvency, shares are considered a high-risk investment.

  • Dividend risk: A dividend is a payment made by a company to its shareholders, usually as a distribution of profits. Due to a company’s poor economic development or a decision of the board not to disburse dividends, a shareholder may not receive any dividends.

  • Interest Rates: Prices of shares might be substantially affected by changing interest rates.

  • Liquidity Risk: Prices for shares traded on exchanges are usually available on a daily basis. However, for various reasons trading might be temporarily disrupted and, thus, you might not be able to sell shares on short notice.

Fixed Income (or Bonds): The term bonds refers to a wide range of interest bearing securities. Bonds are issued by companies, public institutions and/or governments. In contrast to shares, bonds do convey an interest. The entity which issues the bond (issuer) is effectively taking out a loan, under which it agrees to pay a fixed or floating rate of interest (coupon), and the full value of the bond (principal) when it reaches maturity. The value is susceptible to change. This can be influenced by the risks outlined below.

  • Credit risk: If the issuer of bonds is partially, or totally unable, or fails to honour its obligations, the investment may suffer a corresponding loss.

  • Inflation risk: If inflation and/or inflation expectations increase, then the value of the investment may decrease and the investor may ultimately suffer a loss.

  • Interest rates: The market interest rate is material for the value of a bond, because bonds might become less economically attractive in times of increasing interest rates and, thus, decrease in value. If sold before maturity, the owner may suffer a loss.

Real Estate: This relates to investments in residential, commercial as well as agricultural property. The investment may be made directly by acquiring real property or indirectly by investing in real estate funds, REITs or property companies. The value is susceptible to change. This can be influenced by the risks outlined below.

  • Market risk: The value of real estate may move up or down.

  • Liquidity risk: Real estate is a relatively illiquid asset class. The sale of a real estate asset can take time.

  • Transaction costs: The process of valuation, sale / purchase and transfer, causes relatively high costs compared to investments in securities.

  • Exchange rate risk: Indirect investments in real estate may be subject to general exchange rate risks.

Foreign Exchange: Investments denominated in a foreign currency add diversity to investment portfolios. In addition, investments in all other asset classes might be associated with foreign currency risks.

  • Exchange rate risk: Changes in the exchange rate of different currencies may have a substantial influence on the performance of an investment. Even in the event of the investment performing well, the value might deteriorate for individual investors due to unfavourable exchange rates.

  • Regulatory risk: Regulatory authorities (e.g. Central Banks) play a decisive role in the fixing or management of its country's exchange rate. They might intervene for macroeconomic reasons. This poses additional risks hard to foresee for the individual investor.

Your investments will be made principally through exchange-traded funds (ETFs). Because an ETF does not always, and in some cases never holds every asset in the index it is trying to replicate, there will be a difference between its performance and that of the index. This "tracking error" may work in your favour, but it can also work against you.