Killik & Co has launched a Gilt Saver Service as it looks to capitalise on growing demand for the asset class.
Actively managed by Killick’s in-house fixed income team, the Service has been devised to meet recent increase in demand from clients and new prospects for the asset class, the company said..
The service consists of a managed portfolio of directly held UK Treasury short-dated gilts, UK government treasury bills, sterling-denominated short-dated supranational bonds, and short-dated bonds issued by government-guaranteed organisations.
The service primarily caters to investors with shorter time horizons, who are looking for a stable, tax-efficient, and easy-to-access income stream similar to that offered from a bank account.
The Gilt Saver Service will give investors full visibility over each bond in their portfolio.
Whilst the service will aim to hold all investments until maturity, the actively managed nature of the service will allow the investment manager to sell the assets if they believe it will assist in the delivery of the investment objective.
Mateusz Malek, CFA, partner, and head of Bond Research at Killik & Co, said: “We are delighted to be launching our new Gilt Saver Service which is another great example of how we as business respond to our client’s evolving needs and changes in the market.
“Fixed-income products have been a hot topic of conversation this year for investors, and we hope our new service will prove both popular and useful for investors looking to diversify into this asset class. Managed by our in-house fixed-income team and overseen by your dedicated investment manager, the Gilt Saver Service is a great fit for anyone seeking to add a reliable, tax-efficient income stream to their portfolios.”
