Interactive Brokers (U.K.) Limited announced the expansion of its Stocks and Shares Investment Savings Accounts (ISAs) with the addition of mutual funds. This enhancement allows UK investors to access a wider range of investment products within a tax-efficient savings vehicle.
The newly introduced mutual funds complement the thousands of available global securities, including stocks, bonds, and exchange-traded funds (ETFs). This offering is coupled with advanced trading platforms, low fees, and global diversification.
Gerry Perez, CEO of Interactive Brokers (U.K.) Limited, stated that this expansion empowers UK investors to build diversified portfolios and maximize their ISA contributions, especially as the tax year deadline approaches.
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