Banking for Isle of Man Exempt Funds

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The service provider will have its own appetite for risk, and therefore corresponding policies and procedures that relate to asset management. At Dixcart we offer two options in this regard:

The Promoter or Dixcart engage a third-party investment manager;
Under certain circumstances, the Promoter can act as investment adviser.
Option no’1 is preferable, as the investment manager will be a qualified and licensed professional who is geared to deliver such services.

Option no’2 is considered on a case-by-case basis and requires that the Promoter applying to jamaica mobile database be the investment manager has demonstrable experience or expertise in the chosen asset classes. This may flow from their career to date, qualifications etc.

The investment management of the Isle of Man Exempt Fund needs to be considered from outset.


When the Promoter is considering how they bank the Isle of Man Exempt Fund, there are similar considerations to their asset selection. There will be a risk-based approach adopted by the chosen bank and various factors e.g. jurisdictions, asset class etc. will directly influence how acceptable the application for an account will be. This may also result in higher banking costs.