For ease of administration investments must be made in multiples of £10,000.
Some nominal fees are charged by outside companies for professional services rendered and these are paid by from the cash element of the Assets Under Management (AUM). No fees are charged by the directors or professionals involved in managing the company. This enables us to maximise the value retained in our investments.
Your money is used to buy shares in Valhalla, Valhalla then invests the money, in this sense it works exactly like an investment fund, although technically it is a company. The risk is therefore very similar to any fund buying shares, the value of which can fall as well as rise, as the universal warning goes. That said the money is invested in a conservative way by selecting large stable businesses with good cashflows. As a consequence the risk profile is lower than an average equity fund, but your money is only protected to the extent that it is well invested.
No dividends are paid to investors. All dividends received from invested stocks are retained for reinvestment. But that will be reflected in a rising value for the shares of Valhalla you own, as the company receives the cash from dividends.
Monthly statements will be made available on the website under the Track Record page.
A team of investment experts at Vulpes Investment Management make suggestions to the Board, which makes the final decision. No fees are charged for this.
Vulpes was formed by Steve Diggle in 2002 and has been operating as a regulated entity in Singapore since then. Steve also serves on the Board of Valhalla.
We normally aim to have a balanced portfolio which comprises around 80% of the AUM (Assets Under Management) with 20% retained in cash. This cash can be used for ‘ad hoc’ investments but a minimum cash value of 10% is always maintained.
The exit share price, calculated on the date of sale, is calculated as the total value of company cash and investments (AUV) divided by the total number of shares issued and multiplied by the number of shares being sold. Any penalties for short notice are subtracted from this.
No. All directors donate their services pro bono.
This is a very old and well understood form of venture, first used by the Dutch in the 16th century to fund fishing vessels. The fishermen bought a ‘share’ of the boat and received a commensurate share of the catch. In a similar fashion, Valhalla is 100% owned by the investors who buy the stock (aka: shares) of the company jointly. Hence the name.
If you buy 10% of the stock you own 10% of the assets. The sole function of the company and its sole assets are shares in other companies listed on stock exchanges, as well as some cash held in reserve.
At the moment we do not have the capacity to allow for this, although this may be possible at some point in the future. But if investors want to set up scheduled payments, we can admit these as a series of single payments.
The exit share price, calculated on the date of sale, is calculated as the total value of company cash and investments (AUV) divided by the total number of shares issued and multiplied by the number of shares being sold. Any penalties for short notice are subtracted from this.
Simply multiply the number of shares you own by the current share price. This will be available on the Valhalla Holdings site, under the Track Record page.
Information on the current share price will be made available via the Valhalla Holdings site, under the Track Record and Insights pages.
You will need to calculate this yourself or get your accountant to do so, as this will depend upon your personal tax situation.
Shares may be sold without penalty at any point pursuant to three months’ notice having been given. If less than three months’ notice has been given a penalty charge of 1% of the value of shares being sold will be levied.
Any shares sold will simply reduce the number of shares you hold in Valhalla.
All payments will be made in Pounds Sterling by bank transfer.
The Board of Valhalla runs the company, which has no formal staff to ensure minimal costs. Executors should contact the Board, with proof of status to access the estates asset exactly as the original investors.
Yes. The share price at the point in time at which your funds reach the Valhalla account will be used to calculate how many shares your investment can purchase. A Valhalla share certificate will be sent to you, giving you a formal record of your shareholding.
Yes.
Simply notify the Board of your intentions and, assuming the next meeting of the Board approves your investment, you may then send the funds to the Valhalla account. Please note that for ease of administration investments must be made in multiples of £10,000.
There are no exit fees as long as three months’ notice has been given. If less than three months’ notice has been given a penalty charge of 1% of the value of shares being sold will be levied.
A dividend is the distribution to shareholders of a share of a company’s profits and retained earnings. The Valhalla Holdings Investment Company does not currently issue dividends, although this policy is regularly reviewed.
At the moment we do not have the capacity to allow explicitly for the withdrawal of profits only, although this may be possible at some point in the future.
The total Assets Under Management (AUM) after the subtraction of any administration charges made by outside agencies would be divided by the number of shares to give a final share price. This would be multiplied by the number of shares to give the amounts due to the remaining investors.
There is no minimum term, although penalties will be charged if less than three months' notice is given. The Valhalla Investments strategy is aimed at mid-to-long investments, so it is designed to provide the optimum return over a period of between three and ten years.
