Guarantee option from Rothschilds

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...