Baillie Gifford unveils Isa wrapper on bond fund

Baillie Gifford is launching an Isa wrapper for its Corporate Bond fund to be offered with a 1% disc...

Baillie Gifford is launching an Isa wrapper for its Corporate Bond fund to be offered with a 1% discount to the initial charge until April 5 this year. This will bring the initial charge down to 4%. The annual fee remains 1%. The High Yield and Investment Grade Corporate Bond funds launched by Baillie Gifford at the end of last year will not be available via the Isa. The group is also in the process of recruiting a currency fund manager to its fixed interest desk.