• Give your child a financial head start from as little as £1 a day

    If a child already has a Child Trust Fund (CTF), they cannot also have a Junior ISA. They are however able to transfer a Child Trust Fund into a Junior ISA.

    Potential Benefits

    The F&C Junior ISA offers families a tax-efficient and award winning product specifically designed for children. Whether you want to help with a deposit for their first home, university fees, a gap year trip or a savings pot to give them a financial boost into their adult life, the Junior ISA offers the ideal investment vehicle to do this. The F&C Junior ISA offers a number of benefits to help you give your child the financial head start in life they deserve.

    • Invest from as little as £1 per day – you can build a nest egg for your child by saving from as little as £30 per month, that’s less than £1 a day. Alternatively invest a lump sum of £250 (after an initial first investment of £500).  So you can top up your child's account in the way that best suits you.
    • Access to our select range of 11 investment trusts - our investment trusts invest in a range of asset types including; equities, bonds, property and private equity, both in the UK and globally. These investment trusts all benefit from the skills and expertise of our team of fund managers. Click here to find out which trusts could be right for you.
    • All the family can participate - Grandparents, godparents, friends and relatives can all contribute to your little one's savings pot. Great for birthday or Christmas gifts.
    • Tax-efficient savings - Neither you nor your child will pay tax on income or capital gains in the F&C Junior ISA so your child can make more of the money you've saved. The annual subscription limit for 2016/17 is £4,080.
    • Long-term potential of stock market investing – take advantage of the benefits that investing in the stock market can offer. Whilst capital isn't guaranteed as it is in a cash account, historically equities have significantly outperformed cash over the long term.

    What will this cost me?

    • Annual charge -  £25 + VAT
    • Dealing charges per holding for postal instructions - £12 and £8 per holding for online instructions. These charges do not apply to the reinvestment of dividends and/or monthly installments.
    • Government stamp duty of 0.5% also applies on purchases of UK shares only.

    Risks to take into consideration

    • Price volatility - the value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your shares, you might get back less than you originally invested.
    • Exchange rate risk - changes in the rates of exchange between currencies may have an adverse effect on the value, price or income of investments.
    • Gearing - investment trusts can borrow money (gearing), which can then be used to make further investments. They can also invest in instruments such as warrants or derivatives, where a small movement in the value or price of the underlying right or asset results in a larger movement in the value or price of the instrument. In a rising market, this ‘gearing’ can enhance returns to shareholders. Correspondingly, if the market falls, losses may be greater.
    • Insufficient income - where the income earned by an investment trust is insufficient to cover its charges and expenses, the balance may be charged to capital, which will to that extent, constrain capital growth.
    • Investment needs - if you start an investment in order to fund a specific need, for example to pay school fees, if you then do not maintain your contributions or your investment does not grow sufficiently, you may not achieve your target. If you have any doubts about the suitability of this investment, please consult your financial adviser.

    Getting started

    Investing in the Junior ISA is quick and straightforward. You can apply online in minutes or simply complete an F&C Junior ISA application form.

    • Choose your investment trusts
      Decide which of our investment trusts you’d like to invest into.
    • Decide on how much you want to invest
      You can invest monthly, in lump sums or a combination of both.
    • Make sure you’re happy to go ahead
      Read the Key Features and Terms & Conditions for our products - make sure that you understand them including any charges that apply to the products and are happy to go ahead.

    Transferring your Child Trust Fund to F&C

    Transfer your Child Trust Fund to an F&C Junior ISA - recent changes to the rules announced by the government, have made this possible. For more information please see the Questions and Answers document we've pulled together to help you understand the changes.

    If a child already has a Child Trust Fund, they cannot also have a Junior ISA.  They are however able to transfer a Child Trust Fund into a Junior ISA.

    What is the difference between a Junior ISA and a Child Trust Fund?

      Junior ISA Child Trust Fund
    Who is eligible Children born before September 2002 and from 3 January 2011or existing Child Trust Fund holders Children born 1 September 2002 to 2 January 2011
    Government contribution No Yes
    Tax-efficient Yes Yes
    Maximum investment limit £4,080 for 2016/17 tax year £4,080 for 2016/17 tax year
    Types of accounts Stocks and Shares Stakeholder or Shares
    Withdrawals permitted No No
    Set up in the child's name Yes Yes
    Family contributions available Yes Yes
    When can the money be accessed On child's 18th birthday On child's 18th birthday
    What happens to the account at age 18 Converts to an adult ISA and can continue to remain invested

    Converts to an adult ISA and can continue to remain invested

    The value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. When you sell your shares, you might get back less than you originally invested. Funds cannot be withdrawn until the child reaches 18. Tax can be a complicated area and much will depend on your individual circumstances, meaning it often makes sense to employ the services of a professional financial adviser.

  • New customers

    Call us on:
    0800 136 420

    Lines open 8.30am to 5.30pm weekdays, calls may be recorded or monitored for training and quality purposes.

Past performance is not a guide to future results. The value of investments can go down as well as up.

Information in this section of the Website is directed solely at persons who are located in the UK and can be categorised as retail clients. Nothing on this website is, or is intended to be, an offer, advice, or an invitation, to buy or sell any investments. Please read our full terms and conditions before proceeding further with any investment product referred to on this website. This website is not suitable for everyone, and if you are at all unsure whether an investment product referenced on this website will meet your individual needs, please seek advice before proceeding further with such product.



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