Coutts Invest Junior
Stocks AND Shares ISA

A Junior ISA could be a great way to start investing early for your child's future.

SET UP A JUNIOR ISA

The value of investments can fall as well as rise, and you may not get back the full amount you invest.

What is a Junior ISA?

A Junior ISA is a tax efficient savings account that a parent of guardian can pay into on behalf of their child aged under 14. This could be in the form of a Cash Junior ISA or a Stocks and Shares Junior ISA – which the child can only have one of each.

You could pay into both types in the same year, but you cannot exceed the overall Junior ISA allowance of £9,000. The child won't be able to withdraw from their Junior ISA until they've turned 18.

What is a Junior ISA?

A Junior ISA is a tax efficient savings account that a parent of guardian can pay into on behalf of their child aged under 14. This could be in the form of a Cash Junior ISA or a Stocks and Shares Junior ISA – which the child can only have one of each.

You could pay into both types in the same year, but you cannot exceed the overall Junior ISA allowance of £9,000. The child won't be able to withdraw from their Junior ISA until they've turned 18.

Why choose a STOCKS AND SHARES Junior ISA?

A Stocks and Shares Junior ISA could allow you to invest in your child's future in a tax-efficient way. Some benefits of a Junior ISA include:

  • You don't pay UK Income or Capital Gains Tax on the money you make
  • The Junior ISA allowance is £9,000 per child for the current tax year
  • Invest an initial lump sum from £50, or set up a regular monthly contribution from just £10
  • Choose from five ready-made funds
  • Top up any time from £10

Who can open a coutts Junior ISA?

To open a Junior Stocks and Shares ISA you must:

  • Have parental responsibility for a child aged under 14 and living in the UK
  • You must be aged 18 or over
  • Open the account in the name of your child, however they won’t be able to make any withdrawals until they’re 18
  • Transfer your child's existing Child Trust Fund (CTF) or a Stocks and Shares Junior ISA, if they already have one

 

Tax reliefs referred to are those applied under current legislation, which may change. The availability and value of any tax relief will depend on your individual circumstances.

Fees and charges – How much does it cost to invest with us?

With Coutts Invest, the annual cost associated with investing in a Junior ISA is 0.62%. This is equivalent to 62p for every £100 you invest.

Platform fee

0.15%

This covers the cost of admin and online access.

Fund ongoing charge

0.40%

This covers the cost of managing your investment.

Transaction costs

0.07%

The cost of buying and selling shares and other investments.

  • How do the fees work? (In detail)

    Platform fee: 0.15%

    This covers the cost of administration and online access to your Coutts Invest account. The maximum you will pay is 0.15% of the value of your investment each year.

     

    Fund ongoing charge: 0.40%

    This covers the cost of managing your investment. The maximum you will pay is 0.40% of the value of your investment each year.

     

    Transaction costs: 0.07%

    This is the cost of buying and selling shares and other investments that make up the fund. Based on actual past costs, the highest costs for any of the available funds will be 0.07% of the value of the fund each year.

     

    Data accurate as of January 2024. Fees may change.

Frequently asked questions

Ready to start?

To do this, you’ll need to be a Coutts client with Online Banking, aged 18 - 84 and a UK resident for tax purposes.

 

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