Wrap Up Your Assets and Leave Taxman in the Cold
Financial Times (10/07/00) Vol. 104, No. 40 p.10; Orton, Ian

Investors now have several ways to limit the taxes paid on capital gains, interest payments, and dividends, including pooled funds, individual savings accounts, offshore insurance bonds, certain pension funds, and "enterprise" wrappers. Pooled funds--unit trusts, open-ended investment companies (Oeics), and investment trusts--are the most basic wrappers, and some private client managers, including Flemings, extend the pooled concept by creating "bespoke" unit trusts or Oeics for individual clients.


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