Junior ISA Fund Picks from the Professionals

The probability that shares will outperform cash savings is 75% over five years, increasing to 90% over 10 years and 99% over 18 years

Kara Gammell 6 March, 2018 | 1:58PM

young family child trust fund Junior ISA Jisa tax efficient savings

Setting up a JISA is easier than you might think. Many of the main fund platforms offer junior stocks and shares ISAs. These tend to levy an annual fee, and as with any other investment fund, management fees or share dealing fees will be due too.

For beginners with smaller sums to invest, Hargreaves Lansdown is worth a look. Admittedly, it is one of the more expensive firms its own charge is 0.45% a year, on top of the fees charged by the investment funds you choose – but its website is easy to use and provides practical information to help you get started. And it is well known for top-notch customer service.

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About Author

Kara Gammell

Kara Gammell  is a freelance journalist and author, specialising in personal finance and consumer issues, writing for Morningstar.co.uk

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