Briefly: New funds at Rothschild

ROTHSCHILD Asset Management is adding two global bond funds, one sterling and one dollar-based, to its Guernsey-based umbrella fund, Old Court International Bond Fund, a roll-up fund that allows UK taxpayers to defer tax liabilities by allowing dividends to accumulate offshore.

The funds are conservatively managed. The initial charge is 3 per cent and there is a 1 per cent annual fee. There is no minimum investment and no charge for switching between the funds.

Rothschild Asset Management

071-280 5000.