Legal and General Corporate Bond Review.

This corporate bond from Legal & General can be invested within a stocks and shares ISA wrapper making the return tax free or if you have already used up your ISA allowance for the year you can still choose to invest in the corporate bond but your income will be taxable. The corporate bond is invested in investment grade bonds with a credit rating of average or higher and also government securities. Income received is paid to bondholders quarterly. The minimum investment is £500 or you can make monthly investments from £50. Should you choose the latter option you will only receive the quarterly payout once the funds invested reach £500. It is important to realise that the legal and general corporate bond ISA is designed to be held for at least 5 years and that both the capital and income values may rise or fall. The Legal and General Corporate bond ISA is an income isa so is designed for those looking for regular income rather than capital growth. The Annual management charge for this ISA is 0.75% and there is no initial charge when you take one out.

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Legal and General Overview For over 170 years people have trusted Legal & General to manage and invest their savings on their behalf. L&G offer a range of investments which are available for customers to apply for online from just £50 a month or a £500 lump sum, with a straightforward application process. Customers can depend on Legal and General to look after their investments and choose from an ISA or unit trust across a range of funds. They are constantly striving to do more for their investment customers, by listening to their comments, focusing on innovation and championing customer service to make the customer experience as easy as possible. There is a range of funds available, the customer can choose to invest in these funds with an ISA wrapper or if they have used up their ISA allowance they can invest in them as a Unit Trust.