date: Tue Jan 23 16:45:34 2007 from: Keith Briffa subject: RE: Re Your PEP and ISA to: "Carey, Gerald" Gerald these are fine - go ahead when convenient thanks Keith At 15:47 23/01/2007, you wrote: Keith, I have already given suggestions some thought. YOUR PEP I suggest investing £6,000 in Henderson Eurotrust.This investment trust invests in large and medium sized companies in Europe which are perceived to be undervalued in view of their growth prospects or due to significant change in management or structure.The past performance record of the fund is good (+92.3% over the past 3 year period).The share price and gross yield are 499.75p and 1.2 YOUR ISA I recommend investing £2,800 in Pacific Horizon investment trust.The fund invests in the Asia Pacific equity markets excluding Japan which performed poorly since the end of 2005.The past capital growth record has been consistently strong(+99.8% over the past 3 years).The current share price and gross yield are 130p and 0.9%. I hope these ideas are helpful. Kind Regards. Gerald. -----Original Message----- From: Keith Briffa [[1]mailto:k.briffa@uea.ac.uk] Sent: 23 January 2007 15:21 To: Carey, Gerald Cc: Sarah Raper Subject: RE: Re Your PEP and ISA Gerald I entirely agree about the need to invest the existing Pep/ISA cash balances and I await your suggestions . I will forward your message (with regard to investing in a current year ISA ) and we could then discuss this in the context of our overall situation when we all meet together in London. Thanks again Keith At 15:00 23/01/2007, you wrote: >Keith, >Neither yourself or Sarah have made a >subscription to your respective ISAs in the >current tax year. You both made a subscription >at the end of the previous tax year on 14 March >2006.You subscribed £6,000 cash and Sarah >subscribed £7,000 cash.It is these subscriptions >which account for the majority of the current >deposit cash balances in the ISAs. > >The tax advantages of ISAs ( and PEPs) have been >similarly chipped away at by the government in >recent years.The main change is that dividends >on shares now suffer Income Tax at 10%( tax on >bonds can still be reclaimed).Capital gains from >all investments remain exempt from Capital Gains Tax. > >Provided one pays Income Tax and/or there is >pressure on the annual CGT exemption ,PEPs and >ISAs remain worthwhile once the charges are >taken into account providing that the value of >the investments rises over a period of time.If >you do find you have spare cash outside the ISA >then,subject to the above comments,I would >encourage you to subscribe in the current tax >year.Any amount between £3,000 and £7,000 can be >subscribed.I am not sure if Sarah wishes to invest and has available cash? > >With regard the existing uninvested cash >balances in theISAs,under the Inland Revenue >rules which govern the plans we are not supposed >to leave subscriptions uninvested for too long.I >feel after 10 months the cash should be invested soon. > >Regards. >Gerald. > >-----Original Message----- >From: Keith Briffa [<[2]mailto:k.briffa@uea.ac.uk>[3]mailto:k.briffa@uea.ac.uk] >Sent: 23 January 2007 13:49 >To: Carey, Gerald >Subject: Re: Re Your PEP and ISA > >Gerald >I would be interested , of course, to hear your >suggestions - I do not intend to leave any of the >money in my PEP or ISA accounts uninvested over >the long term. However, I have now realised that >neither Sarah or I have taken out ISAs for some >time , and certainly not this year (I believe) . >Given that I have just invested the cash outside >of these though, it might be difficult (or not >worth?) buying ISA anyway. What do you think? >thanks >Keith >At 11:41 23/01/2007, you wrote: > >Dear Keith, > >I have not carried out a review of the current > >investments in your PEP and ISA or made > >recommendations for investment of the cash on > >deposit.The deposit cash balances in your PEP > >and ISA are currently £8,665.47 and > >£3,011.69.Would you like me to do so at this stage? > >Kind Regards. > >Gerald. > > > >Gerald Carey > >Divisional Director-Private Clients > >Tel:0845 213 3288 > >Fax:0845 213 3627 > >e mail:gerald.carey@brewin.co.uk > > > > > > > >Any views expressed in this e-mail message are > >those of the individual sender, except where the > >sender specifically states them to be the views > >of Brewin Dolphin Securities Ltd. > >This e-mail message and any attachment is > >intended only for and is confidential to the > >addressee. If you are neither the addressee nor > >an authorised recipient from the addressee > >please notify us of receipt, delete this message > >from your computer system, and do not use, copy > >or disseminate the information in or attached to > >it in any way. We do not accept liability to any > >person other than the addressee arising from > >such a person acting or refraining from acting > >on such information. Our messages are checked > >for viruses, but please note that we do not > >accept liability for any viruses which may be > >transmitted in or with this message. > >BREWIN DOLPHIN SECURITIES LTD > >A member of the London Stock Exchange, > >authorised and regulated by The Financial Services Authority. > >Regulated under the Financial Service (Jersey) > >Law 1998 by the JFSC for the conduct of business in Jersey, > >and regulated in Guernsey by the GFSC for the > >provision of investment business. > >Registered office 12 Smithfield Street, London, > >EC1A 9BD. Registered in England. 2135876 > > > >23/01/2007 11:32:08 > >-- >Professor Keith Briffa, >Climatic Research Unit >University of East Anglia >Norwich, NR4 7TJ, U.K. > >Phone: +44-1603-593909 >Fax: +44-1603-507784 > ><[4]http://www.cru.uea.ac.uk/cru/people/briffa/>[5]http://www.cru.uea.ac.uk/cru/people/ briffa/ > > > >Any views expressed in this e-mail message are >those of the individual sender, except where the >sender specifically states them to be the views >of Brewin Dolphin Securities Ltd. >This e-mail message and any attachment is >intended only for and is confidential to the >addressee. If you are neither the addressee nor >an authorised recipient from the addressee >please notify us of receipt, delete this message >from your computer system, and do not use, copy >or disseminate the information in or attached to >it in any way. We do not accept liability to any >person other than the addressee arising from >such a person acting or refraining from acting >on such information. Our messages are checked >for viruses, but please note that we do not >accept liability for any viruses which may be >transmitted in or with this message. >BREWIN DOLPHIN SECURITIES LTD >A member of the London Stock Exchange, >authorised and regulated by The Financial Services Authority. >Regulated under the Financial Service (Jersey) >Law 1998 by the JFSC for the conduct of business in Jersey, >and regulated in Guernsey by the GFSC for the >provision of investment business. >Registered office 12 Smithfield Street, London, >EC1A 9BD. Registered in England. 2135876 > >23/01/2007 14:51:32 -- Professor Keith Briffa, Climatic Research Unit University of East Anglia Norwich, NR4 7TJ, U.K. Phone: +44-1603-593909 Fax: +44-1603-507784 [6]http://www.cru.uea.ac.uk/cru/people/briffa/ Any views expressed in this e-mail message are those of the individual sender, except where the sender specifically states them to be the views of Brewin Dolphin Securities Ltd. This e-mail message and any attachment is intended only for and is confidential to the addressee. If you are neither the addressee nor an authorised recipient from the addressee please notify us of receipt, delete this message from your computer system, and do not use, copy or disseminate the information in or attached to it in any way. We do not accept liability to any person other than the addressee arising from such a person acting or refraining from acting on such information. Our messages are checked for viruses, but please note that we do not accept liability for any viruses which may be transmitted in or with this message. BREWIN DOLPHIN SECURITIES LTD A member of the London Stock Exchange, authorised and regulated by The Financial Services Authority. Regulated under the Financial Service (Jersey) Law 1998 by the JFSC for the conduct of business in Jersey, and regulated in Guernsey by the GFSC for the provision of investment business. Registered office 12 Smithfield Street, London, EC1A 9BD. Registered in England. 2135876 23/01/2007 15:37:52 -- Professor Keith Briffa, Climatic Research Unit University of East Anglia Norwich, NR4 7TJ, U.K. Phone: +44-1603-593909 Fax: +44-1603-507784 [7]http://www.cru.uea.ac.uk/cru/people/briffa/