Jupiter is making six of its award-winning unit trust funds available through Jersey-based feeder funds.

The launch of the feeder funds, managed by Jupiter Asset Managers (Jersey) Limited, will enable investors who are non-domiciled or non-resident in the UK to directly access Jupiter's unit trusts for the first time*. Many of these investors are unable to buy onshore funds for tax reasons.

Six of Jupiter's most popular funds will be available through the Jersey-based feeder funds - the Jupiter Income Trust, Jupiter Financial Opportunities, Jupiter European, Jupiter Global Managed, Jupiter UK Growth and Jupiter Emerging European Opportunities.

Kevin Scott, Jupiter's offshore director, said: "Demand for Jupiter funds has been growing among clients based offshore and we are delighted to be giving them direct access to some of our most successful funds for the first time. This launch is a clear indication of our growing commitment to the offshore market place."

The minimum investment for the funds is £1,000 and shares will be priced and valued in Sterling. In addition to Jupiter's standard initial and annual management charges*, investments into the feeder funds will incur an additional 0.25% charge to cover additional administration costs.

 
Notes to Editors:
* Jupiter has an existing fund - the Jupiter Offshore Portfolio - which is domiciled in Jersey. Jupiter funds are also available through offshore life companies, fund platforms and wraps.