AJ Bell has launched a new portfolio in its Gilt Managed Portfolio Service range amid growing demand for flexible, tax-efficient investing.
Gilt MPS 4 is available immediately via the AJ Bell Investcentre and marks the next step in the range’s maturity ladder with four gilts set to mature between 2026 and 2029.
Since launching in April 2025, AJ Bell said its Gilt MPS range has been popular with advisers seeking lower risk investments to diversify client portfolios.
Advised clients can invest in the Gilt MPS range with a minimum of £10,000, enabling clients across a broad spectrum of wealth profiles to benefit from the tax planning and investment opportunity currently offered by gilts, the firm said.
Ryan Hughes, managing director at AJ Bell Investments, said: “We are really pleased to be expanding our Gilt MPS range at a time when flexible, tax efficient investing is at the forefront of advisers’ minds.
“Since launching the MPS earlier this year, advisers have told us of the increasing need for clients to be flexibly invested in lower risk assets that provide cash-like returns, something that is particularly helpful for investors in the decumulation phase. On top of this, record high markets have fuelled an appetite to diversify client portfolios and invest as tax efficiently as possible.
“Short-dated, low coupon gilts trading below par in particular offer an extremely attractive option for clients, with the tax advantaged treatment of gains at redemption making them a compelling alternative to cash or near-cash assets for clients seeking risk free returns.”
AJ Bell said the Gilt MPS 1 portfolio will no longer be available to invest in from 2 January 2026 as one of the two issues is set to mature, leaving one issue remaining in the portfolio.
Therefore, from 2 January, there will be three portfolios in the AJ Bell Gilt MPS range:
- Gilt MPS 2 contains three issues that mature between now and July 2027
- Gilt MPS 3 contains four issues that mature between now and January 2028
- Gilt MPS 4 contains four issues that mature between October 2026 and January 2029
Hughes added: “As the Bank of England base rate eventually comes down and cash interest rates follow, advisers are well positioned to support clients looking for alternative ways to protect their wealth while earning a secure return in a highly tax efficient manner. This is particularly relevant for higher and additional rate taxpayers when considering the gross equivalent yield versus a savings account.”
Main image: joel-filipe-GVV669GVYjo-unsplash
