Killik said it had seen a recent increase in demand from clients and new prospects for gilts.

The actively managed Gilt Saver Service is 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 wealth manager said the new portfolio 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.

It will be managed by Killk’s in-housed fixed income team.

While the service will aim to hold all investments until maturity, the actively managed nature of the service will allow a dedicated investment manager to sell the assets if they believe it will assist in the delivery of the investment objective.

Mateusz Malek, 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.”