MGM launches offshore fund range

Professional Adviser
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MGM Assurance has launched a range of offshore funds through its Dublin-based subsidiary MGM International Assurance Ltd.

The MGM International Bond combines the tax advantages of offshore investing with a range of fund options that include key funds managed by Close Brothers. Investors have the option of three managed funds: Cautious, Balanced and Adventurous. There is also the option of the MGM International Bonus Growth (with profits) fund and four single asset class funds (cash, fixed interest, euro bonds and UK equity). The managed funds and UK equity fund are run on a multi-manager basis by Close Multi-Manager Ltd, part of the Close Brothers Group. “This is a good time for advisers to be c...

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