**Disclaimer**: Important information. Please read carefully before making any purchase. This communication is for informational purposes only and does not constitute financial or investment advice. Whisky 1901 Ltd is not a regulated financial institution and is not authorised by the Financial Conduct Authority (FCA). Any references to “investment,” “broker,” “adviser,” or similar terminology are used descriptively only and should not be interpreted as regulated financial services.
Whisky 1901 Ltd does not provide financial or investment advice, does not assess suitability, and does not make recommendations. Any decision to purchase whisky casks is made solely by the customer, based on their own judgment and, where appropriate, independent professional advice.
Whisky is sold as a physical, tangible asset and not as a financial product. Purchasing whisky carries risks that differ from regulated investments such as stocks or bonds, and customers should make purchase decisions independently and based on their own research.
Key Risks and Considerations:
1. Please be aware that whisky casks are unregulated in the UK and that the value is variable, meaning it can both increase and decrease.
2. Understand that you have 14 days to change your mind and request a full refund under our cooling-off period.
3. All Clients of Whisky 1901 Ltd must be aged 18 years or older to make a purchase, in accordance with UK law and regulations regarding the sale of alcohol to minors.
4. Please note that the volume of spirit will decrease over time due to evaporation, known as “the Angels’ share”.
5. Please be aware that “New Make” spirit must be matured for a minimum of 3 years, during which its alcoholic strength could be reduced. However, for the product to be classed as “Whisky”, it must retain a minimum strength of 40%.
6. Please understand that as a buyer you may get back less than the amount paid. Additionally, past performance is not necessarily indicative of future performance.
7. The sale price offered by Whisky 1901 Ltd includes a discretionary commercial markup. This markup is applied to the acquisition cost of the whisky and reflects both the costs incurred in connection with the provision of services including, but not limited to, storage, movement and maintenance of casks, insurance, and associated administrative and software infrastructure and a profit margin retained by Whisky 1901 Ltd in the ordinary course of business.
As a result of the markup applied, there is a material difference between the Company’s acquisition cost of a cask and the price at which it is sold to investors.
Investors should be aware that this markup creates a difference between the Company’s acquisition cost and the price at which the cask is sold. This spread may impact the potential for future returns and may affect the ability to achieve a profit on resale. Comparable casks may be available from other sources at different prices. Prospective purchasers should conduct their own due diligence and consider obtaining independent financial advice before making any investment decision.
8. Please recognise that the cask price can fluctuate and the price of casks can go down as well as up, neither of which are guaranteed.
9. Whisky casks are a long term maturing asset and therefore it is advised to be held for a minimum of 5 to 10 years.
10. Whisky casks are an illiquid asset. There is no guaranteed secondary market, no guaranteed timeframe for resale and no obligation on Whisky 1901 LTD to buy back or sell the cask on your behalf.
11. Please understand that the products and services we offer may not be suitable for all customers. If you have any doubts, we advise you to seek advice from an independent financial advisor.
12. Finally all whisky casks are stored in HMRC bonded warehouses in Scotland and are comprehensively insured against risks including fire, theft and accidental damage, insurance policy is updated annually. The customer understands that any cask investment can be physically verified via a company organised visits to warehouses where tastings can also be accommodated.
