WiseAlpha has launched the UK’s first ever dedicated high-yield corporate bond innovative finance ISA (IFISA).

The IFISA-wrapped bond will allow retail investors to access returns of between five and 12 per cent, with all earnings sheltered from taxation. The minimum investment is £100 per corporate bond.

The company said that its goal is to open up the corporate bond market to retail investors who have traditionally been shut out due to prohibitive minimum trade sizes of £100,000.

“This is a watershed moment for the UK investment market,” said Rezaah Ahmad, chief executive of WiseAlpha.

Read more: IFISAs have the edge as Cash ISA rates waver

“For the first time, investors can access an entire asset class that was previously reserved for institutions.

“Our high-yield corporate bond ISA represents a leap forward in our mission to democratise finance.”

WiseAlpha is a digital bond trading platform with a stated mission to make the corporate bond market accessible to all by selling fractional bonds to retail investors.

Read more: What does 2025 have in store for the private credit markets?

“With the launch of our high-yield corporate bond ISA, we’re empowering everyday investors to achieve higher tax-free income,” added Ahmad.

“This new product aligns with our vision of opening up the financial world to smaller investors and giving them the tools they need to succeed.”

Read more: WiseAlpha adds green bonds to marketplace