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Junior Stock and Shares ISA

scchin
by scchin 01 October 2012  |  Comments 3 comments  |  Love Love  0 loves

Anyone have any experience on the junior stocks and shares ISA? Am thinking of investing for our daughter but don't know which is good. Would appreciate any advice. Thanks.

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Comments (3)

  • MikeGG1
    Love rating 881
    MikeGG1 posted

    First of all, how old is she? Stocks & Shares are long-term investments and shouldn't be considered for terms of less than 5 years. The ISA vests with her when she is 18, so she needs to be under 13 to consider S&S.

    Mike

    Posted on 01 October 2012 | Love Love  0 loves Report
  • scchin
    Love rating 0
    scchin posted

    She's 6 months old but thought I really should invest early but all the fees seen pretty high.

    Posted on 01 October 2012 | Love Love  0 loves Report
  • MikeGG1
    Love rating 881
    MikeGG1 posted

    The problem is that the funds will be locked away until she is 18.

    Try Fidelity with a Total Expense Ratio of 0.3% on their FTSE All-Share Fund.

    Mike

    Posted on 02 October 2012 | Love Love  0 loves Report

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