A name for a common method bringing a company to market. The shares are sold at a pre-set price and the results must be published in a national newspaper for reasons of transparency. Offshore investments are not necessarily only for the super-rich or for those wishing to hide money in Swiss bank accounts. Luxembourg, the Isle of Man and Jersey are well-known examples. The charges for these offshore investment products tend to be more complex and higher than for onshore funds, but are usually tax-free.
Tax is paid when funds are brought back into the UK, for example if an investment is sold.
Offshore products are generally only used if all other UK tax-efficient investment opportunities have been exhausted and an investor still has spare cash. Optimized Portfolios As Listed Securities. Portfolios of shares designed to track the performance of specific benchmark indices in a single trade. The shareholder is protected so their maximum loss is the value of their shares and they are not liable for the full debts of a company. Most ordinary shares have voting rights.