Rothschild Asset Management has launched a guarantee option across its multi-manager funds from the ...
Rothschild Asset Management has launched a guarantee option across its multi-manager funds from the start of this. The Portfolio Protection option guarantees that on death the investor's estate receives 101% of the value of the initial investment in the multi-manager range
The value of the investment is rebased every six months to take account of capital growth. The fee for the option is 0.1% a year, payable in six monthly tranches
David Orr, head of retail marketing at Rothschilds, said: "This facility is useful for investors worried about inheritance, particularly if they are setting up a trust. The ability to put a guarantee on the value of a portfolio is an attractive option
There are no additional costs for the option, no age limit and providing information for underwriting purposes is not required
As well as being available on the Portfolio Management service, the guarantee is also available on the Independently Managed funds of funds and its offshore version, the Guernsey-based International Portfolio Service. All the services are managed by Robert Burdett and Gary Potter
For more information contact 0800 833617
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