Stellar Asset Management halves fees for IHT portfolio

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Stellar Asset Management has halved fees for its AIM IHT portfolio on four wrap platforms.

The annual management charge will drop to 0.75 per cent from its current 1.5 per cent, which will remain in place for non-platform users.

The Stellar AIM IHT portfolio invests in 40 companies on the London exchange and offers full inheritance tax relief after two years.

Stellar says the fund has delivered 9 per cent in the year to date and 60 per cent over three years.

It is available on Standard Life Wrap, Transact, Nucleus and Ascentric.