AJ Bell bolsters Gilt MPS range with new launch

AJ Bell Investcentre, the adviser investment platform arm of AJ Bell, has added to its Gilt MPS range with the launch of the new Gilt MPS 4.

The platform and SIPP provider says that since launching in April, its Gilt MPS range has been popular with advisers.

It says the backdrop of record high markets has fuelled demand for tax efficient, flexible and lower risk investments to diversify client portfolios, particularly for higher rate taxpayers.

Gilt MPS 4 will mature between 2026 and 2029 which will enable advisers to build cashflow solutions with certainty, the company says.

The Gilt MPS range was launched to provide tax efficient solutions for advisers to invest in gilts across rolling maturity dates to suit client needs. The investment management charge for the range is 0.10% per annum.

Advised clients can invest in the Gilt MPS range from £10,000.

As a result of the launch, the Gilt MPS 1 portfolio will no longer be available to invest from 2 January as one of the two issues is set to mature, leaving one issue remaining in the portfolio.

Ryan Hughes, AJ Bell Investments managing director, said: “Since launching the MPS earlier this year, advisers have told us of the increasing need for clients to be flexibility 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.”

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

Interest payments are made every six months.