Octopus launch mitigates IHT

The Octopus Inheritance Tax Income fund is designed to offer investors a low risk, two year solution to IHT and will pay a yield of at least 3pc a year. Octopus said it will rebate all or part of the annual management fee charged should the annual income from the fund fall below 3pc. The fund will invest in wholesale companies listed on AIM and the main risk – credit risk of the underlying customers of the wholesale companies – will be insured out. Simon Rogerson, chief executive of Octopus Investments, said: “Investors want to mitigate IHT but are very risk averse and worry about pote...