Capital Platforms offers an investment platform to investors globally, and is based out of the Isle of Man, with additional offices in Singapore, Hong Kong, Malaysia and the UK. This article will review the platform, and explain why some investors will get good returns and others won’t. Finally I will explain what unhappy clients can do if they have the policy.
Where is the platform sold?
Globally, but often in expat-focused areas such as Dubai, Shanghai, Saudi Arabia, Hong Kong, Singapore, Brussels, Bangkok, Kuala Lumpur, Qatar, Amsterdam, Moscow and various other locations.
What are the account minimums?
Unlike some other options, the minimums aren’t published on the website, but most people start with $10,000 or more.
What is the duration of the investment?
Money can be invested and pulled out, without penalty, at any point. However, as 5,000 funds can be chosen, some funds will have exit charges.
What are the costs of the platform?
As per the Capital Platforms website, the costs can range from a modest 1% per year, all the way through to 5.5% per year, depending on which options are chosen by the advisor and client. This is one of the reason why some clients get better returns than others.
What are the positives of the platform?
Capital Platforms offers an excellent online system, with ease of topping up, withdrawal and other admin done efficiently. The costs are also reasonable, depending on the charging structure chosen.
What are the negatives of the platform?
The fact numerous fund options can be chosen is great, but that does mean that some clients are in expensive funds, whereas cheaper options exist on the same platform. Two investors who have different funds will get very different results, even on the same platform.
What can you do if you have a Capital Platforms plan which isn’t performing well?
If you are a client of Capital Platforms and you aren’t satisfied with the returns, there could be two reasons for this. Either markets aren’t performing well, which can’t be helped in the short-term. In comparison, the second reason is that bad funds have been picked. In which case, it should be much easier to make the account work more efficiently. If you have this plan, don’t hesitate to contact me below or via my contact form.