The M&G Junior ISA – Give your child a head start
A Junior ISA is a long-term investment - potentially up to 18 years - so why not choose experts in this field? M&G have over 80 years of investment experience and the size and the scale of resource to give your child a head start with their money. We believe that Junior ISAs should become a key component within every parent or guardian’s long-term financial plan.
How do Junior ISAs work?
- Up to £3,600 per tax year can be invested on a child’s behalf.
- You can invest by either regular payments or with a lump sum, at any time.
- Anyone can gift or contribute into an M&G Junior ISA (including the child for whom it is held) - making it a great alternative for Christmas or birthdays.
- The account has to be opened by a person with parental responsibility or legal guardianship.
- The money invested can only be redeemed by the child once they reach 18 years of age.
- Any returns the investment generates will be free from income and capital gains tax.
- Children living in the UK who do not have a Child Trust Fund account will qualify for a Junior ISA account.
- Junior ISAs have the flexibility to switch from cash to stocks and shares and back again, giving you greater control over your child’s investment.
- Investing in a Junior ISA will not affect your own annual ISA allowance of £11,280 and doesn’t need to be declared on your personal tax return.
- As the investment is inaccessible until the child turns 18, they can be an ideal investment solution to help provide for a child’s future.
So why choose The M&G Junior ISA?
- Invest from as little as £10 per month.
- Pay 0% initial charge and 0% in withdrawal fees. (Please note that an annual management charge will apply.)
- Choose from our extensive range of expertly managed funds.
- We are one of the UK’s oldest and largest active investment managers - we launched the UK’s first unit trust back in 1931.
- Our fund managers are free to follow their own investment approach, without the restrictions of a rigid house style.
- An extensive in-house team of credit analysts and equity investment specialists allow our fund managers to focus on what they do best - managing your money.
- Our investment expertise and talented fund managers are recognised industry wide with an impressive collection of awards, including:
- OBSR "Outstanding Investment House" 2010 and 2011
- Professional Adviser "Best UK Growth Group" 2011
- Professional Adviser "Best Fixed Interest Group"(UK and International) 2011
- Moneyfacts "Best ISA provider" 2010
- Investment Week Fund Manager of the Year Awards "Global Group of the Year" 2010
For more information on The M&G Junior ISA, including available funds and how to invest, please click here.
Please remember that the tax rules for both Junior ISAs and ISAs may change in the future and their tax advantages may depend on your individual circumstances. We are unable to give financial advice. If you are unsure about the suitability of your investment, speak to your Financial Adviser.
