Invest for your child’s future with a stocks and shares Junior ISA, provided by OneFamily.
The tax advantages of the Junior ISA depend on you and your child's individual circumstances and the tax treatment of Junior ISAs may change in the future.
Please bear in mind that the value of stocks and shares can fall as well as rise and the child could get back less than has been paid in.
The goal of the fund is long-term growth mainly through investment in UK and overseas shares and fixed interest investments.
It can be opened by parents and legal guardians on behalf of children under the age of 16, with a regular Direct Debit from as little as £10 per month or a lump sum of £500 or more. Alternatively, it can be opened with a transfer from either an existing Junior ISA or from a Child Trust Fund.
There’s an annual management charge of 1.5% and other additional expenses of approximately 0.2% of the value of the fund.
- The money can only be accessed by the child and only from the age of 18, potentially providing them with a financial head start in life. This is a medium to long-term investment and you should be prepared to invest for at least five years.
- Once the account is open, anyone can contribute to it by Direct Debit, bank transfer or cheque. The maximum contribution in this tax year is currently £4,080 minus any contributions to a cash Junior ISA.
The value of stocks and shares can fall as well as rise and the child could get back less than has been paid in. This Junior ISA is provided by OneFamily. Neither OneFamily nor Post Office Money is able to give you financial advice on the suitability of this product. If you have any doubts you should seek financial advice.
Over time, the cost of living will generally rise, which means the child won’t be able to buy as much in the future as they could today.
For more information, read our FAQs
You will receive two statements each year; one shortly before your child’s birthday and the other approximately six months from this date. You can also register for online statements or get an update over the phone.