UK Firm Brings Out AIM Stocks Screener Service

Tom Burroughes

19 September 2016

UK-based has launched a service that screens for certain types of AIM-listed companies that qualify for being exempt from inheritance tax after two years.

The service, called TIME:AIM, selects businesses that qualify for business property relief, a classification giving them IHT exemption if the investments are held for a minimum period. The shares will be eligible to be held in Individual Savings Accounts, a form of UK mutual fund carrying tax advantages.

TIME uses filters based on various financial, commercial and performance criteria to select a portfolio of businesses within the AIM 100 Index. The system has been tested for more than a year to reduce portfolio volatility, the firm said.

The investment approach targets 25 of the largest, profitable and most stable AIM companies; through an annual rebalancing of an investor’s portfolio, it is designed to cut the volatility usually associated with AIM-listed shares.

The service is available within an ISA or non-ISA wrapper. The minimum investment is £25,000 ($33,062) or £15,000 for an ISA investment – all applications must be made via an authorised intermediary.