argent's guide

Our investment clients already appreciate the flexibility of being able to switch between different investment managers and their funds. In the past this has been time-consuming and costly and has generally involved a lot of seemingly unnecessary paperwork. As Argent has become more proactive with portfolio management it has become necessary for us to streamline this aspect of our business.

Fortunately advances in IT in recent years now enable us to “trade” more quickly and efficiently together with the ability for clients to view their investments Online.

My Argent is an investment Platform where Online trading is transacted:

• Safely - your investments are held by a Nominee company – Standard Life Savings Ltd a part of Standard Life Assurance who are one of the largest and most reputable Insurance Companies in the World. The assets are held in the Custody of First New Zealand Bank Ltd.
• More efficiently and quickly - the electronic process allows us to cut the amount of regulatory work required. This does not affect your rights – it simply means less paperwork and less red tape.
• At lower cost than before – “economies of scale” means that:

             - the Initial Charge is removed completely, and,

             - the Annual Management Charge of many of the funds is also discounted.

• Dealing in many funds - My Argent allows access to most funds, shares, investment trusts and many other types of assets

My Argent is now available to all our clients and is already proving a popular addition to the investment service that has been so successful in recent years. We have invested considerable resources into the technology that has delivered these improvements and as a result can offer a Service Option that should suit you.

Against the current background of increasing costs and reducing services, Argent has always looked for ways in which costs can be contained but services improved. Whilst it has not proved possible to continue to offer our services at present price levels, the added value we have demonstrated through My Argent especially using our Gold Service Standard is proving to increasing numbers of clients that quality can be afforded very competitively. As each client portfolio is costed individually we cannot give specific figures here. However a full cost comparison will be provided before you decide whether or not to move to My Argent.

You should also be aware that as well as this Advisory Service we also offer a Discretionary Service. Our Fees for this service compare very favourably with My Argent. If you wish to know more about this please click on the “Discretionary Service” icon on our Home page.