Gilts are fixed interest Government stocks. Essentially the Government borrows money through the issue of stocks that pay a fixed rate of interest, usually over a specified period, with a built in guarantee to repay the original loan normally at a pre-set date. Government backing makes Gilts a very safe investment option.
Investment Warning:Past performance is not necessarily a guide to the future and the value of units, and the income provided from them, can go down as well as up. You are not guaranteed to get back your original investment at any time.