The aim of Prestige Bloodstock will be to develop a high class bloodstock portfolio which can achieve a strong and reliable return on investment. The Bloodstock market can be very volatile, but a considered and planned investment portfolio of assets can be one of the most exciting and rewarding investment opportunities in the current climate. The key to a successful Bloodstock investment program is knowledge. Prestige Bloodstock will use the best agents available to us and we will work closely with our agents to identify a strategy and investment philosophy which will aim to maximize any profits while keeping any risk to a minimum.
Investors will be encouraged to have a hands on approach with the sales and racing experience, it is the Prestige teams wish that this project enhances the investors’ enjoyment of the experience. There will be regular trips to visit our assets and watch them develop. Prestige will also have a 2yo in training with Keith Dalgleish who will race throughout the 2014 season which will hopefully offer investors the opportunity to enjoy and participate in some of the UKs top meetings whilst at the same time knowing the horse could be generating solid returns on Investment.
Purchase of Quality Yearlings
The yearlings will be purchased from a shortlist selected by our bloodstock agent Bobby O’ryan and sent to a quality consignor to be prepared for the breeze up sales. Our agent has a proven track record at the sales and on the racecourse and has an accurate knowledge of which sales will suit best to meet our reserves and targets.
Bobby O’ryan has over 30 years of experience in Bloodstock which will assist us in giving the company every opportunity of success. The right agent knows all about market timing and risk exposure in helping Prestige achieve our targets while enjoying the rewards and excitement our sport has to offer.
The Purchase of a 2yo
Prestige have purchased a 2 year old Colt to go into training with Scotland’s top trainer Keith Dalgleish. The horse will run throughout the 2014 flat season and then be sold on at the end of year sales.
Stud Farm Consignors
Prestige Bloodstock yearlings will be sent to three of the UK and Irelands top stud consignors to ensure our portfolio will be prepared for the sales ring looking their best. The facilities at our consignors studs include all weather gallops, horse walkers and polytrack lunge rings etc. Investors will be able to visit the stud farms to see the yearlings first hand. Our consignors work closely with our bloodstock agent to carefully select each yearling purchased for our portfolio.
Enterprise Investment Scheme (EIS) tax benefits for investors.
UK tax paying investors will be eligible for the Enterprise Investment Scheme based on their investment in the Company. EIS Investments offer the following potential benefits to all new investors:
Income Tax Relief
Income Tax relief at 30% or in the prior tax year on the amount invested in shares against income of up to £1,000,000.
Capital Gains Tax Exemption
Capital Gains Tax exemption on disposal of shares if held for at least three years.
Capital Gains Tax Deferral Relief
Capital Gains Tax deferral relief without limit on chargeable gains made up to 3 years before 1 year after the investment.
Inheritance Tax free if the shares have been held at least 3 years in most cases.
Loss Relief, should the investment fail to recover the amount invested or where an investor sells their shares at a loss, the loss, after deducting EIS Income Tax relief (see above), may be set against an investor’s chargeable gains or taxable income in that year or the previous year.