Investing in casks can yield spectacular returns. Increasingly, today’s distilleries offer cask investment plans. Whisky fund examples range from small operators such as Ardnamurchan, Ardnahoe and Lagg to the large Diageo group with its Casks of Distinction programme.
As one would expect, whisky casks vary considerably in cost, depending on their quality, size, the type of wood and the contents’ age. Cask purchases include the oak barrel itself and new make spirit inside, although insurance premiums and storage are extra. Initial outlay ranges from around £1,000 at entry-level up to millions of pounds when the liquor is mature.
Finally, to help deal with tax regulations, legal titles, and other occasionally complicated paperwork, investors usually enlist an experienced broker or merchant’s help. Such experts may be willing to share their opinions and offer detailed advice or an assessment of possible appreciation, based on the individual cask, distillery and year.