ONSHORE INVESTMENT BOND
An onshore portfolio bond tax efficient wrapper is also known as ‘open ended investment company’ (OEIC). It can hold a variety of assets like stocks and shares or mutual funds. This is a bond that adds the legal and tax shield of a life insurance policy to an investment portfolio. It is structured to simply combine a life insurance policy and a portfolio to create a wrapper that investors can buy, manage and sell their assets through. Some are private to an individual and thus a good comparison to Offshore Portfolio Bonds.