Boston, , MA (PressExposure) November 23, 2011 -- Alternative investment advocacy group, Alternative Asset Analysis (AAA), has announced its support for the launch of a new entertainment-based fund from Ingenious Ventures.
Ingenious revealed its fifth Shelley media fund this week, which will offer alternative investment options for those interested in media, film and television. AAA's analysis partner, Anthony Johnson, said, "This is great news for the alternative investment market, as it opens up a whole new world of alternatives to many people who would not have thought about putting their cash in the entertainment industry."
The Shelley Media Fund 5, as the product is being called, is to invest in a range of TV, film and video game production projects and asks for a minimum deposit of just £3,000. The fund claims that it is aiming for minimum returns of 13.7 per cent. The fund also offers some very attractive tax benefits like 30 per cent income tax relief, inheritance tax relief and capital gains tax referral.
Anthony Johnson commented: "Several other alternative asset classes offer similar tax advantages, such as forestry investment projects, like the ones run by Greenwood Management in Brazil."
He added, "Any gains made when investing in forestry, with regard to the growth in the value of the trees as they physically get bigger, is also not taxable under capital gains legislation."
Ingenious Media Investments' investment director, Stephen Fuss, said that the media sector is growing fast at the moment and offers some great opportunities for investment. He said, "The fund invests in an area we have expertise in and, in a period of continued economic uncertainty, this is an alternative investment opportunity uncorrelated to the stock market."
The fact that many alternatives are not connected to the performance of the stock markets makes them increasingly attractive for risk-averse investors.