Is there an initial minimum investment?

Yes, the minimum investment (cost basis) is $30,000 throughout the duration of the account

What are the fee structure and account details?

Each investor opens a brokerage account with our preferred broker (Interactive Brokers) and designates Ashland as the advisor.  We then manage portfolio allocations in accordance with the strategy.  The investor always maintains custody of their capital account.

As far as our fees, Qualified Clients may choose a performance-based structure with a management fee of only 0.5% annually with 20% profit share.  Otherwise, the fee structure is a flat rate which ranges between 1.0% to 2.0%, depending on the account value—and is charged monthly in arrears.  Please refer to the Fact Sheet for more details.

What kind of investment returns might be attainable?

There will always be market volatility in any interim period, however, in the long run we expect that this strategy could gain an average of 8-12% annually.  This is based on our backdated models and the current dividend yield of the portfolio, which averages over 8%.

 
Disclosure: The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward‐looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur. Past performance shown is not indicative of future results, which could differ substantially.

The simulated performance shown was created by Ashland, applying historical LNG shipping stock market cycles to present market prices in order to estimate potential future capital gains.  Dividend returns are estimated by applying the current payout level and adjusting for future distributable cashflow as estimated by Ashland's analysis.  The simulated performance shown is not necessarily indicative of future performance, which could differ substantially. The results shown do not represent the results of actual trading using client assets but were achieved by means of the retroactive application of a model that was designed with the benefit of hindsight. The simulated performance was compiled after the end of the period depicted and does not represent the actual investment decisions of Ashland. These results do not reflect the effect of material economic and market factors on decision-making.