VINITO

Fine Wine Investments

Investors Guide To Unlock
Big Returns

Win!
5000€
To Open
Account

Tax Free Profits High Returns Safe Investment

Crowdfunding Wine Investing

 CONTENTS

A look Inside
Fine wine investments that in a five year average hold, saw a 99.72% increase,
ahead of cars (52.62%) and art (55.05%), rising 235% over a ten year period,
compared to 142.38% for cars and 131.49% for art. It was “nearly double the next
best performing  asset, and on any measure almost triple the capital growth return

Wine Your Hedge!

Fine wine investors will be
14
What is Fine
raising a glass as their Wine Futures
returns for the year are set Wine investing has several approach-
es and Vintio wines offers the best of

to outperform UK blue-
all worlds. Learn the basics of wine
investing.

chip

The Financial Times

12
ViNito
.vin
Tax Free
Discover the numerous tax advan-
tages to investing wine.

Explore the world of corwdfunded wine ... more

investing
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 3
 CONTENTS EDITORIAL

In this issue

20 10
Creating a fine
Welcome
Thank you for your interest in wine investing.
We know it can seem a little overwhelming at
first to investing in a new alternative investment
wine portfolio and that and we are here to help. We hope this
Provenance, Storage and Insurance brief outline of wine investing helps you build
learn the basics to structuring a high a foundation to feel more comfortable and
return fine wine investment .
understand the many number of advantages of
fine wine investing.

We are always here to help you reach your

investment goals and offer a large variety of
wine portfolios to invest in raging from risk
return and term.
Why Invest with Vinito Wines
We are very passionate about helping the
Our team has more than 75 years of combined experience as collectors, dealers, or
working for auction houses. investors we work with reach their goals and
take a lot of pride in our clients happiness.
Want to Know More? You really should subscribe ;-) Do it now at https://vinito.vin/invest

Features Regulars How it Works

On the cover Award winning
16 Comparison with Luxury 22 Learn how Investing Works
Assets
8 Discover our first ever investments
Why Investing in Wine
issue Fine Wine Investing A
23 Meet the Founder with an overview of wine invest- WINNER We are proud and honoured to
ing the advantages and how to
Magazine of
the Year be recognised for serval industry
get started. awards.

4 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 5
 WINE INVESTMENTS New 2019 portfolios:

Example €10,000 portfolio:

CLASSIFICATION FINE WINE

Bordeaux First Growth Ch. Margaux

Bordeaux First Growth Ch. Lafite-Rothschild
Bordeaux Super Second Ch. Pontet-Canet

Example €25,000 portfolio:

CLASSIFICATION FINE WINE

Bordeaux First Growth Ch. Margaux

Bordeaux First Growth Ch. Lafite-Rothschild
Bordeaux First Growth Ch. Mouton-Rothschild

Crowdfunded
Bordeaux Second Growth Ch. Cos d’Estournel
Bordeaux Second Growth Ch. Montrose
Bordeaux Right Bank Ch. Cheval Blanc

Wine Investments
Champagne Dom Pérignon Rosé
Rhône Guigal la Mouline

We’re making it possible Example €50,000 portfolio:

for everyone to invest in CLASSIFICATION FINE WINE
fine wine portfolios! Bordeaux First Growth Ch. Margaux
Bordeaux First Growth Ch. Lafite-Rothschild
Bordeaux First Growth Ch. Haut-Brion
Bordeaux First Growth Ch. Latour
Bordeaux First Growth Ch. Mouton-Rothschild
Bordeaux Right Bank Ch. Cheval Blanc
Bordeaux Second Growth Ch. Montrose
Bordeaux Second Growth Ch. Cos d’Estournel
Bordeaux Super Second Ch. Pontet-Canet
Superior First Growth Ch. d’Yquem
Champagne Dom Pérignon Rosé
Rhône Guigal la Mouline
Italy / Tuscany Sassicaia
6 ModernLifeMagazine.com | May 2028 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 7
 WHY?
Why invest in Fine
Wine?
1. PERFORMANCE.
F why wine
ine wine, when viewed
as an alternative asset, has
a track record of deliver-
ing strong returns on invest-
ment and has outperformed
financial markets ov r the
long term. Of those invest-
ments termed ‘Passion as-
sets’, fine wine is consistently
one of the top performers, is
the most accessible in terms
of price, and enjoys a strong
secondary market with price
transparency and liquidity.
FINE WINE
MARKET
GROWS
234% IN 10
YEARS!
8 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019
2. HEDGE AGAINST
INFLATION AND
CURRENCY
DEVALUATION
A
tangible, stable ‘alter-
native‘ asset, fine wine is less
susceptible to market down-
turns and adverse economic
conditions. It can be used to
‘hedge’ against recession, in-
flation, currency devaluation
and movements in financial
markets and preserves wealth
in times of rising inflation.
3. FINITE SUPPLY AND
GROWING DEMAND
4. TANGIBLE ASSET
T
he supply of invest-
ment-grade wine per vintage
is finite and reduces as it is
has an inherent physical
value unlike
stocks and shares.
consumed. These wines are
made to improve as they age
and the rarer they become the
more sought after they are.
This supply / demand dynamic
supports strong, stable price
performance.
WHY?
EXPECT MORE FROM YOUR SKINCARE
FACE FUEL
5. TAX EFFICIENT 7. DIVERSIFICATION
T F
7 reasons he classification of fine
wine by H.M. Revenue & Customs
ine wine asset per-
formance does not directly
(HMRC) as a ‘wasting asset’ gen-
erally means that Capital
correlate with
financial markets and can be
could be
Gains Tax does not apply. SEE used to diversify investment
page 8 of this guide and our portfolios.
special report: Tax Treatment of
your best in- Fine Wine at www.vin-x.com.
Advice should always be sought
vestment of from your professional tax
or financial advisor.
2019
6. LIQUIDITY AND
FLEXIBILITY
W
ine as a ‘real asset’
T
he secondary market in
fine wine is well established and
benefits from platforms such as
Liv-ex.com, which provide
transparency and liquidity. We
encourage investors to view
fine wine as a medium to long-
term investment to optimise
performance, but the asset can be
liquidated at a time to suit
personal circumstances.
 FINE WINE
Provenance, Storage and Storage

Creating a rewarding
Insurance
Vinito Wine client wines are stored
Key factors affecting the value of with industry leading specialist,
your fine wine In Geneva Switzerland, which oper-
investment are: ates the optimum

fine wine
Provenance conditions for the professional cel-
Provenance is the chronology of the laring of fine wines.
ownership, custody or Geneva Freport is one of the indus-
location of fine wine. try’s leading specialist wine storage

portfolio
Good provenance, in terms of the providers and is responsible for
ability to confirm that a millions of cases of wine. They
wine has been stored in the correct operate the highest standards of
environment to control security with a state of the
the quality of the wine is an import- art system in operation 24 hours a
ant factor in terms of day, seven days a week.
value. If James Bond had a wine invesrt-
ment, and we are sure he does, this
First Steps is where he would keep it!

Decide how much capital you wish to invest in

1
fine wine

2 Do you want to develop your wine investment

over time?

3 How long do you intend to hold your fine

wine?

4 Discuss your performance goals with your

portfolio manager
5 Confirm the selection of wine for your portfolio

6 Ensure your wine is correctly stored and in-

sured
The benefits of storage in bond Security
7 Keep informed about the market conditions,
trends and performance of your wine There is no requirement to pay Value Added Every case of our clients’ wine investments is
Tax or UK held at Geneva Freeport is clearly labelled
8 Time your exit Excise Duty until such time that the fine with a unique rotation number, this reference
wine is removed is also recorded
from bonded storage. on our Vinito Wine Certificates of Ownership.
If you choose to have your wine delivered out
of bond the
VAT will become payable on the original price
of the wine Insurance
at time of purchase and NOT its current mar-
ket value. Our clients’ wines are insured at full-replace-
Provenance is maintained which protects ment value
quality and
value.
Wines stored in bond are more attractive to
prospective
buyers including merchants.

10 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 11

Tax treatment of
Fine Wine
Compared to other in-
vestments, fine wine enjoys
favourable treatment by HMRC.
The following points are key
areas for consideration, for
more information investors
should always consult their tax
or financial advisor.
12
Value Added Tax and
Duty
Generally it is understood that,
whilst stored in a Government
Bond warehouse, wine does not
incur VAT or Duty payments,
these are chargeable once the
wine is shipped out of Bond.
VAT and Duty costs will be
charged at the rates prevailing
at the time of transfer from
Bond. Visit www.vinito.vin for
information on the current
rates.
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019
Income Tax
A defining position with regard
to attracting Income Tax is
whether the investor is per-
ceived to be acquiring wine with
the intention to trade on and
profit on a regular basis and not
hold as a longer term
investment.
TAX FREE
Capital Gains Tax Companies
Investment in fine wine should Companies have the potential to
normally be exempt from use retained earnings to
exposure to Capital Gains Tax invest in wine and enjoy the
(‘CGT’) due to HMRC’s potential tax benefits,
qualification of wine as a Wast- appropriate advice should be
ing Asset. A ‘wasting asset’ is sought from a tax advisor.
defined in tax law as having a
predictable life at the time of
acquisition not exceeding 50
years.
Fine wine also qualifies for the
‘chattels’ exemption based on
value, i.e. where wine is sold for
proceeds of less than
£6,000, no taxable gain will
arise. The policy objective
behind
the exemption is presumably to
prevent a taxpayer having
to make detailed calculations
every time any small asset is
disposed of. However, it may
assist the wine investor in
Good to know
making small tax effective dis-
posals to take advantage of the
Investing in Fine exemption.
Upon death, inheritance
tax (‘IHT’) will be charged
Wine Is More Where the profits made on wine
investment sales do attract
on wine
Lucrative Than CGT, the investor will normally
investments, however as with all
IHT relevant assets,
Ever pay the current rate on any planning steps can be taken to
gain after taking into account manage this in a tax efficient
the CGT annual exemption sum manner with advice from your tax
in any relevant tax year. advisor.
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 13
 FINE WINE MARKET
The Fine Wine Market
Explained
Fine wine is a rewarding alternative asset which has a track record of delivering
tax-efficient growth and investment returns
which have outperformed other assets over the long term.
T HE FUNDAMENTALS
Supply versus Demand
Dynamic
Investment-grade fine wine
represents less than 1 per cent
of the volume of wine made
around the world. A finite amount
of wine is made every year, the
supply of which reduces as
the vintage is consumed over
time. The key investment-
grade wines have the capaci-
ty to improve in quality as they
age. There is, therefore, a
growing global demand for a
reducing supply of an im-
proving product over time
supporting stable price
performance.
Market Size
Liv-ex, the stock market equiva-
lent of the fine wine market,
reports that the market is
! Investor focus
Wines that
returned 150
percent the last 7
years!
14
valued at approximately £2.5bn,
with global transactions in the
top Bordeaux wines in the
secondary market estimated to
be approximately £1.5bn per
annum. The market is stable and
established with rarity
adding considerable value in the
longer term.
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019
Market Focus
The predominance of market
trade and value of investment-
grade wines on Liv-ex has tradi-
tionally been in the wines of
the top 30 Bordeaux chateaux.
Of those the First and
Second growth wines recorded
in The Official Classification
of Medoc and Graves of 1855
command the greatest global
appeal for investment purposes.
The market has broadened
since 2010 to include a small
number of outstanding wines
from Burgundy, Rhone,
Champagne, Tuscany, Spain,
California and Australia.
Market Development
Key factors influencing the de-
velopment of the fine wine
market are:
Commoditisation
Fine wine is a tradeable
commodity.
The treatment of fine wine as an
investment asset.
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019
En primeur
The ability to acquire future Financial Market
allocations with the aim
of securing rare fine wine at Whilst fine wine perfor-
cheaper prices. mance does not directly
correlate
Quality scores with, there is increasing adop-
tion of some of the structures
From experienced and respect-
ed industry critics such
and mechanisms found in,
financial markets.
as Robert Parker Jnr previously,
These include funds, as-
Neal Martin and set-backed finance capability
James Suckling to guide on and analytical research.
quality and value.
Vinito Wines has impressed me every
step of the way with my investments
with their portfolios! Cant thank you
enough!
UHNWI Jean S.
15
 FINE WINE MARKET

COMPARISON WITH
LUXURY ASSETS
Property investment specialist, Knight Frank publishes an
annual Wealth Report which provides information on the
performance of global property markets and an insight into
the current investment trends of the world’s ‘Super Wealthy’
based on the responses of over 500 of the world’s leading
private bankers and wealth advisers, representing about
50,000 individuals with a combined wealth of over
US$3trillion. The 2018 Attitude’s Survey featuring in the
Report states a 29% growth in exposure to alternative
assets, including fine wine, by UHNWIs (ultra-high net worth
investors).

This annual report looks at investment in ‘Passion Assets’

such as classic cars, fine art, jewellery, coins and fine wine.
Knight Frank’s 2017 Wealth Report showed that fine wine
was the top performing Passion Asset in 2016 with growth
of 24%. In 2017 fine wine was pushed to second place by
fine art, with the Knight Frank Fine Wine Icons Index
recording 11% growth. 2017 was an extraordinary year for
fine art, with the sale of Leonardo da Vinci’s Salvator Mundi
blowing all previous records raising US$450million pushing
fine art to the top of the Passion Assets.
PERFORMANCE DRIVERS
Over longer-term periods of 2, 5 and 10 years, classic cars
and fine wine are the class leaders ranked first over ten years Supply: Brand: Mouton-Rothschild and
at 334% growth and second, at 192% respectively. Investment-grade wine produc- The most powerful fine wine Haut-Brion enjoy ‘blue-chip’
Fine wine is certainly a more accessible investment, and the tion is strictly controlled with brands of Bordeaux Burgundy, status
active secondary market with established exchanges such a finite amount produced each Rhone, Champagne, Tuscany, and are the most traded wines
as Liv-ex.com provides clear provenance, price transparency vintage with quality the key Spain, Australia and California on Liv-ex in volume and value
and investment liquidity. The other Passion Assets do not driver. In some vintages supply attract global investor focus and
enjoy similar levels of these benefits, in part because of the may be reduced due to drive market values. The Vintage:
singular nature of many of these assets and the challenge climatic and other production Bordeaux First Growths; One of the determining factors
then to value them. influences. This supply is Lafite-Rothschild, Latour, of value and consumer
reduced over time as the wine is Margaux, interest is the overall ranking of
consumed.
PERFORMANCE Demand:
The traditional markets for the
EXAMPLES TOP BURGUNDY WINE SALES
The fine wine market has a track finest Bordeaux clarets has Domaine de la Romanée Conti’s Romanée Conti
record of stable long term growth historically been from Europe 1988 - £264,000 (12 x 75cl), 2018
which clearly demonstrates its and North America, however Vosne Romanée, Cros Parantoux 1990 Henri
the demand for luxury goods
value as an alternative asset Jayer - US$157,051 (12 x 75cl), 2017
from the Far East has reshaped
which can be used to diversify and the global composition of con- Hermitage, La Chapelle 1961 Paul Jaboulet Aîne -

strengthen investment portfolios. sumer demand for the best US$157,051(12 x 75cl), 2017
wines in the world. Domaine de la Romanée Conti’s Romanée Conti
1996 - US$134,750 (6 X 75cl), 2017

16 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 17
 FINE WINE MARKET

a vintage. The market

qualifies a vintage as Prime, Mid
and Off dependent on the
number of very high scores
awarded by industry critics to
the wines of a particular year.
Prime vintage status generally
adds a premium to the value of a
wine and individual wines
from Mid or Off vintages may
offer significant potential for
growth. As a consequence, wine
portfolios should be
diversified by vintage.
Critics:
The opinions of the industry’s
most highly regarded critics,
are of significant importance to
the producers and acquirers
of fine wine. Critics’ scores aim
to accurately reflect and rank
the quality of the wines and
their future potential. Scores
are
traditionally published at en
primeur release, then again
when
they go in to bottle. Fine wine is
tasted and scored at points
throughout its ‘drinking life’, for
example at ten years from
release and at points once they
are in their drinking windows.
These can have a major influ-
ence over market prices.
The key critics recognised by
the fine wine market are: Neal
Martin, James Suckling, Antonio
Galloni, Jancis Robinson,
Lisa Perotti-Brown, Jeannie
Cho-Lee and a few others.
Robert Parker Jnr, the American
critic who founded The Wine
Advocate, has been the most
influential wine critic to date
and his view on specific wines
often moved global market
prices. Since his retirement in
2016 there has been ongoing
debate about his successor,
with Neal Martin tipped as the
front-runner.
FINE WINE - ASSET
CHARACTERISTICS:
subsequent Brexit trigger in
2017 both impacted on the
market, with prevailing econom-
ic uncertainty affecting
currency and leading investors
to seek ‘safe haven’ tangible
assets such as fine wine.
Stable
The long-term asset perfor-
mance of fine wine is very
stable
and low risk, there is no direct
correlation to financial markets
and wine prices tend not to be
volatile.
Tangible
As a physical asset fine wine has
an inherent value which is
uncorrelated to movement in
financial markets and normally
resistant to inflationary pres-
sures and currency dynamics.
Growth
Track record of strong returns
with average annual growth
rate of more than 10% since
2000.
Tax efficient
HMRC’s classification of fine
wine as a Wasting Asset should
mean that it is exempt from
Capital Gains Tax and may also
be free from VAT and Duty, sub-
ject to terms and conditions.
Always seek professional tax
advice on your wine
investment.
Diversification
Fine Wine provides the opportu-
nity to diversify your
investment portfolio safely.
impossible own.

Geo-politics and economic EXAMPLES OF TOP BORDEAUX WINE SALES

uncertainty:
Fine wine, like other commodi- Chateau Cheval Blanc 1947 - £192,000, (6 litre bottle) Chateau Lafite-Rothschild 1787: Thomas Jefferson
ties, is affected by political
Chateau Cheval Blanc 1947 - £168,000, (12 x 75cl), collection - £109,300
events. When Hong Kong abol-
ished import duty and taxes 2017 (1 x 75cl acquired by Malcolm Forbes in 1985)
on fine wine in 2008, establish- Chateau Lafite-Rothschild 1869 - £163,000, (3 X 75cl) Chateau Petrus 1961 - £100,800, 2011
ing itself as a tax-free wine Chateau Margaux 1787: Thomas Jefferson collection Chateau d’Yquem 1811 - £75,000 (1 x 75cl), 2011
port, an 88% rise in wine im-
- £157,200, (1 x 75cl bottle spilled, insurance paid) Chateau Mouton-Rothschild 1945 - US$114,614
ports followed in the immediate
period. Chateau Margaux 2009 - £122,380, (12 litre 2009 (1 x Jeroboam), 1997
Similarly, the UK Referendum limited edition, 1 of 6 produced) Chateau Petrus 1947 - US$49,000 (12 x 75cl), 2017
vote in June 2016 and

18 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 19
 WHY?
Why invest with
Vinito Wines?
1. CROWDFUND
INVESTING
W
e bring our inves-
tors the power of crowdfund-
ing to investing. Vinito helps
you leverage the power of the
crowd to invest in fine wine
portfolios custom built by or
expert wine investing teams.
So you can leverage a large
portfolio starting at 250,000€.
We break each portfolio into
shares and each share costs
500€ allowing to purchase
as many shares as you want.
20
WHY?
Vinito Wines
4. PORTFOLIO
MANAGEMENT
5. FULLY INSURED
SPECIALIST STORAGE exceeded all
2. INVESTMENT 3. SELECTION
ADVANTADGE STRATEGY my expecta-
V V tions for 2018
V O inito Wines offers a inito clients’ wine in-
inito Wines strives to ur expert team
bespoke, specialist service
focused on
vestments are fully insured and
stored in Geneva Switzerland investments
control significant market of analysts and buyers creating rewarding fine wine Freeport which provides the
have developed an
share in leading Fine French investment portfolios for our perfect conditions to guarantee Andy Chin
Wines portfolios, specifically investment-grade clients to meet and exceed their ongoing quality,
wine selection
developed for individuals and their investment goals. provenance and tax benefits.
companies who wish to create strategy which has
resulted in client wine
rewarding fine wine invest-
ments which are appropriately investment portfo-
lios out-performing
insured and stored remotely in
purpose-built tax free storage market trends.
facilities. Vinito Wines pro-
cesses have been audited by
an independent professional
firm, which confirmed prop-
er storage, authenticity and
condition of portfolio wines.
Our Portfolios
Average
Growth
37% A Year!
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019
HOW FOUNDER

How does it work?

For the first time ever, Vinito Wines allows anyone to pur-
chase fractional interests in great fine wine investment
portfolios as little as 500€.

1 2
We Purchase
Fine Wines
We’re in-market reviewing
thousands of opportunities
a year to purchase great wines to
build our custom wine investing
portfolios for our clients.
Our team has more than 75 years
of combined experience as collec-
tors, dealers, or working for auction
houses.experience as collectors,
dealers, or working for auction
houses.
Anyone Can
Invest
After we purchase a wines, we
build custom wine investing
portfolios for you to buy shares in.
As a shareholder investors in a port-
folio, you are given certain rights
afforded to our investors to sell your
Introduction from the
shares, collect profits, and reinvest
in new portfolios. only 500€ to be-
come a fine wine investor with us!
founder Erick Sabelskjold
Every investor should include shares of fine wine in their
portfolio!

3 4 lternative investments should
A be part of every investors
portfolio, and fine wine should
be on your list of investments to help
you achieve your investment goals.
Simple Fee How do you The simple facts are that fine wine is
Structure make money a proven option for preserving wealth
tax-efficiently, it has outperformed
Vinito Wines delivers a professional,
fine wine portfolio investment man-
agement service providing essential
market information, access to in-
vestment-grade wines, storage and
insurance for individuals, companies
and charities.
Our Fine Wine Investment Guide will
provide you with an introduction to this
exciting and rewarding asset class and
the services we provide. I look forward
to helping you reach your investment
goals and enjoying fine wine along the
way.

financial markets and commodities

Our fees are simple and fair.
We charge a 2% annual man-
agement fee to cover distribution
costs, regulatory expenses (filing
and ongoing audit expense), stor-
age, insurance, and other expenses.
Plus, we earn 5% of the profit if
when you collect your profits from
your investment.
Our extensive experience and
knowledge give you the investor
a high competitive advantage.
We are collecting wines from out
sources at deep discounts and
usually have 20-30% profit built into
wines when we buy them based on
current auction prices.
At the end of the term you have
selected to stay vested in the wine
portfolio your profits will be paid out
to you along with your initial funds.
such as gold over the long term, it’s a Contact US
recognised diversification tool and it’s
a fun asset class we can all enjoy.
My personal experience of investing
in fine wine led me to establish Vinito
Wines because I believe all investors
should consider fine wine as an invest-
ment option. +49 179
vinito wines+49 179 vinito.vin
742 8448
Fine Wine Investing Vinito Wines https://vinito.vin/invest 2019 23