A fully flexible savings solution for the seafarer community
We believe that the seafarer community should have the
opportunity to invest their money in a smart and affordable way,
but investment solutions are often out of their reach. We proudly
challenge this with a straightforward online service enabling you
to break down the barriers to the investment you deserve, and take
full control of your financial wellbeing.
When it comes to the crunch, most of us want reliable and
meaningful growth of our nest egg with the ability to access the
money if required. It all sounds straightforward but is in fact very
difficult when trying to achieve in the real world where bank
savings accounts deliver so little.
Whether you are saving for your ﬁrst house, your child’s
education, or to simply start building your nest egg, the TAM
Seafarer Saver may be the solution for you.
By investing as little as €1,000 a month, clients can build a
substantial investment enhanced by our professional management.
We provide you with direct access to TAM Asset Management, the award-winning UK investment manager, TAM Asset Management manage the Seafarer Saver funds
Everything is clearly explained so lack of investment
experience is no longer an obstacle.
For only a few euros a month you can access a diversified
fund run by some of the most successful investment managers in
The minimum investment is just €1,000 and you have the
ability to withdraw your money at any time without penalty.
HOW IT WORKS
Six straightforward steps to start saving for your
Click through to the online investment tool
Decide which fund is right for you
Complete the short application process
Choose to support Save the Med
Add money to your new investment account
Watch your nest egg grow
Variety of investment options
THREE FUND CHOICES
We offer three fund choices to investors, depending on how much risk you are
willing and able to take with your money. You can choose a Moderate, Balanced or
Growth fund to invest in.
The diagram is for illustrative purposes only.
The value of investments, and the income from them, may go down as well
as up and may fall below the amount initially invested. Weightings may
deviate from these levels at the Investment Team's discretion whilst
staying within speciﬁc guidelines, so the above asset allocation is
intended as a guide only.
TWO ACCOUNT CHOICES
A General Investment Account (GIA) is an account for your general monies which can
be opened with as little as £1000. Your money can be accessed at any time but,
because investing should be seen as something to undertake for the longer term,
it is usually worth retaining some cash at the bank for those unforeseen little
An Individual Savings Account (ISA) is an account available to UK residents where
gains on the first £20,000 can be taken free of tax (2020/21). Because of this
benefit there is an annual limit on the amount you can invest each year. With an
ISA you can withdraw your money at any time but you can’t then reinvest it if
you have already reached your individual limit.
THREE CURRENCY CHOICES
Investors can choose to open an account in pounds, euros or dollars.
Flexible payment terms
Our plan gives savers the freedom to choose how and when they make their investments.
Payments can be made directly via bank transfer or standing order.
In addition to regular monthly investments, clients can choose to invest lump sums at any time.
They can also access their investment or take a payment holiday at any time, without penalty.
Launched in 2020, the Seafarer Saver performance here is a simulation of the return each fund would have gained, had it been held from 1st January 2015.
Source: TAM Asset
Management. TAM Seafarer Saver fund return from 1st January 2015
to 31st December 2019 net of TAM fees. Figures quoted are
simulated for illustrative purposes only, they are pro forma
based on the assumption that the fund was held from 1st January
2015. Past simulated performance is not necessarily a guide to
future returns. The value of investments, and the income from
it, may go down as well as up and may fall below the amount
TAM Seafarer clients can participate in our pioneering You Give We Give initiative:
The client can choose to donate up to 20% of their annual investment profit to Save The Med
TAM will donate the same percentage from our total annual fee from managing their investment
Miss Johnson chooses to give10% of her investment profit to Save The Med:
Portfolio Value 1st Jan £100,000
Portfolio Value 31st Dec £105,000
Annual Gain £5,000*
You Give We Give 10% of profit:
Charitable Donation £500 plus 10% from our annual fee
*Illustration only, past performance is not a guide for future returns
The power of regular saving
Possible Monthly Investments
The financial markets do not always offer a smooth ride but
investing regularly each month allows savers to build up their
investments and can help to smooth out fluctuations over time.
For example, the illustration on the left shows how a monthly
investment of €1,000 can grow when we assume certain growth rates.
The growth rates used in this report
are purely for illustrative purposes and are not guaranteed. The
actual growth rate will depend on the investment option selected
and the performance of the underlying funds. Performance of the
underlying funds is not guaranteed and your investment return
may be lower than the contributions paid into the plan.
The illustrative investment values have been calculated assuming
growth rates of 3.00%, 5.00% and 7.00% per annum. The three
rates of return do not allow for annual management fees
therefore higher gross rates of return have been used for the
illustration. The three rates of return are purely for
illustrative purposes and do not represent upper or lower limits
on the investment performance.
How we invest
Approach to building clients’
Founded upon a decade-long experience in the discretionary
investment management space, TAM’s investment process centres on the
following key principles.
Providing clients with a range of well-balanced portfolios to
fit different needs.
Ensuring all portfolios are adequately diversified to target
‘the smoothest ride’ possible.
Proactively selecting and blending funds from some of the best
investment talent in the world to build diversified portfolios in
the pursuit of building clients wealth.
Getting the balance right
Our aim is to protect and nurture your wealth whatever the
environment. Our experts analyse economic, market, political and
social trends aiming to anticipate which blend of investments give
the best chance of growth without the rollercoaster ride. This
ongoing process is known as ‘asset allocation’.
Managing through financial crisis
In the build-up to the 2008 crisis, TAM progressively reduced
equities investments (blue shading) based on analysis of the state
of the global economy. This served clients well during the
subsequent market crash, allowing for smaller fluctuations in value
and helping to minimise losses. The increased cash position (dark
green shading) allowed the managers to take advantage of
under-valued funds as they recovered.
Source: TAM Asset Management Ltd. Graph is representative of a
TAM Focus portfolio during the period shown.
Diversification to protect your
Good asset allocation includes smart and comprehensive
diversification by blending together investments that do not all do
the same thing at the same time especially during periods of market
turmoil. The available portfolios only invest in funds, not single
stocks, shares or bonds allowing your money to be spread over a more
diverse range of investments.
Active portfolio management
TAM actively manage portfolios with both short and long term
tactics aiming to protect investors from extreme events. Active
management can take advantage of fast moving developments which is a
crucial difference when compared with machine managed portfolios
that have automated rule based limitations.
Putting investment talent to work
The managers at TAM select investments for each portfolio using
comprehensive research including face-to-face due diligence fund
manager meetings. No single fund manager can be a top performer in
every area. Additional diversification is therefore required by
selecting different best-of-breed managers with proven track records
to enable portfolios to benefit from the investment styles and
strategies of a diverse set of specialists.
Keeping on target with portfolio
Portfolios are continuously monitored and if necessary changed in
context of market changes and house views on the economic outlook.
The TAM investment committee oversees the investment management team
with the latter responsible for changes to asset allocation and fund
selection, known as ‘rebalancing’.
Protecting your capital
The best way to build wealth is not to lose it in the first
place. Producing reliable annual performance and then compounding
through reinvestment provides stronger and more consistent growth
for your nest egg. For example, if you make 5% per year and
re-invest, then after 9 years your portfolio is over 50% larger
and in 15 years it has doubled.
MANAGING RISK LEVELS IN THE PORTFOLIOS
Portfolios are meticulously built and managed to ensure they
remain aligned with TAM’s views on possible market changes and
the economic outlook. Each individual fund is selected by TAM in
context of the choice of portfolio you make during the initial
account opening process.
DIVERSIFYING TO PROTECT YOUR NEST EGG
The funds in each portfolio are diversified by geography,
sector, asset class, fund manager, currency and investment
strategy. Each fund in a portfolio will invest in numerous
assets such as individual company stocks or bonds. The aim is
always to blend together investments that do not all do the same
thing at the same time especially during periods of market
PUTTING INVESTMENT TALENT TO WORK
Seafarer Saver’s chosen investment manager TAM has 100%
independence to select funds from any provider that meet their
research and due-diligence criteria. TAM’s award-winning
experience enables you to access a blend of some of the best
investment talent from a cost of only a few pounds a month.
ACCESS TO YOUR MONEY IF YOUR CIRCUMSTANCES CHANGE
An investment portfolio should be looked at as a three to five
year process as a minimum. However we understand that life
happens and if you need to access your funds we charge no exit
fees or lock-in periods.
In the main, the portfolios invest in liquid markets where
the fund’s assets can be bought and sold easily even during
periods of market turmoil. However, the investment managers will
access funds that invest in less liquid assets such as property
when they deem it appropriate.
24/7 ACCOUNT ACCESS
Our TAM platform offers 24-hour access to clients and their
advisers. It allows instant consolidation of all your investments,
real-time portfolio valuations, detailed analysis of investments,
performance measurement and details of asset exposure.
You can obtain instant exposure analysis and asset allocation
modelling information for every portfolio. Once logged into our
secure website, you can access the exceptionally fast and
efficient management reporting tools available.
Our investment platform allows for immediate and comprehensive
internet based valuations, the “reasons why” each investment
decision was made and urgent commentary – all in a comprehensive
and understandable format.
With a few clicks it is possible to draw a full management
report and have it delivered as a .pdf file instantly. This
reporting package allows for you to choose the dates and style of
your report and it is all available at the touch of a button.
Fees & Rewards
Ongoing charges figures (OCF)
1.25% per annum for the life of the investment
The charges comprises of the Fund Annual Management Charge (AMC) of 0.65%, and the underlying TAM and Introducer servicing and administration costs of 0.60% per annum.
Over €1,000 per month contribution
3 months free from TAM AMC (0.65%)
APPLY FOR AN ACCOUNT
So how do I open a seafarer account?
The attached video outlines the process by which you can open your account. You can go direct to open one without viewing this... but this does outline the process for you if you want to know a little more. If you stick with it you will get the full picture and see that it is not that complicated as we have made the process for opening an account as easy as possible.
Remember, if you do open an account you have both full transparency and the ability to close or withdraw money without penalty at any time, and you could even help Save the Med.....if you so choose.
Join the savings revolution and build for the future