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What is an Innovative Finance ISA (IFISA)?

The UK government introduced the Innovative Finance ISA (IFISA) on 6th April 2016. The “IFISA” allows individuals to use some (or all) of their annual ISA investment allowance to lend funds through the growing marketplace lending market, while receiving tax-free interest and capital gains. Ordinary investors should only invest up to 10% of their net liquid assets in bonds such as those issued by Basset & Gold.

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Your capital is at risk when investing in unlisted bonds. 
Please refer to the Risk Warning below.