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News
Wine fund offers investment opportunity
The Wine Investment Fund has launched a new tranche with a minimum subscription of £10,000.
The fund has, since its launch in 2003, returned an average of 13.8% per annum after all fees and expenses.
TWIF invests in wines from the top 40 Bordeaux chateaux and only buys stock that is at least four years old. The wine is stored in a UK government bonded warehouse and is insured at replacement value.
“Last year, the two main fine wine indices, the Liv-ex 100 and the Liv-ex Claret Chip, returned 15.7% and 19.4% respectively and we are predicting that in 2010 the Liv-ex 100 will rise a further 18%,” said Andrew della Casa, director of TWIF.
The offer, which closes on 31 March, is a five-year investment.
Patrick Schmitt, 28.01.2010