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    • SarahB43
    • By SarahB43 5th Jan 18, 8:35 AM
    • 3Posts
    • 0Thanks
    SarahB43
    Stocks and shares JISA
    • #1
    • 5th Jan 18, 8:35 AM
    Stocks and shares JISA 5th Jan 18 at 8:35 AM
    Hi all,

    I'm just looking for some advise on investing in a stocks & shares JISA. I want to invest say £500 initially with a view to investing a similar amount every 6 months or so. Longer term I will be looking to invest more and probably on a more regular basis but I am aware that I can transfer, if necessary, in due course.

    Thank you
Page 1
    • Tom99
    • By Tom99 5th Jan 18, 8:48 AM
    • 1,030 Posts
    • 627 Thanks
    Tom99
    • #2
    • 5th Jan 18, 8:48 AM
    • #2
    • 5th Jan 18, 8:48 AM
    There are a number of choices you have as a platform. My two JISA's are with Cavendish.

    You will want to look for a platform that charges no admin fee, no dealing fee on Funds and a low annual %age fee on the investments held.

    I think Cavendish charge 0.25%, there may be other with lower charges.
    • zolablue25
    • By zolablue25 5th Jan 18, 8:50 AM
    • 1,497 Posts
    • 443 Thanks
    zolablue25
    • #3
    • 5th Jan 18, 8:50 AM
    • #3
    • 5th Jan 18, 8:50 AM
    Is this JISA for you or one of your children (I can't tell how old you are, and you must be under 18 to hold one).

    Each child can only have one JISA or CTF so you would need to transfer from whatever you already have open (if that's relevant).
    Last edited by zolablue25; 05-01-2018 at 8:54 AM.
    • SarahB43
    • By SarahB43 5th Jan 18, 9:15 AM
    • 3 Posts
    • 0 Thanks
    SarahB43
    • #4
    • 5th Jan 18, 9:15 AM
    • #4
    • 5th Jan 18, 9:15 AM
    Thank you for the responses. It's for my 2 year old.
    • zolablue25
    • By zolablue25 5th Jan 18, 10:04 AM
    • 1,497 Posts
    • 443 Thanks
    zolablue25
    • #5
    • 5th Jan 18, 10:04 AM
    • #5
    • 5th Jan 18, 10:04 AM
    Ah OK.

    When my daughter was a baby the Government was giving out free cash so a CTF or JISA was opened (if not by you then by them) but I know that has stopped now so you won't have the hassle of having to switch.

    I eventually transferred my daughter's JISA to Charles Stanley Direct as their fees were/are low
    • SarahB43
    • By SarahB43 5th Jan 18, 10:49 AM
    • 3 Posts
    • 0 Thanks
    SarahB43
    • #6
    • 5th Jan 18, 10:49 AM
    • #6
    • 5th Jan 18, 10:49 AM
    Thank you, that gives me somewhere to start looking.
    • xylophone
    • By xylophone 5th Jan 18, 6:01 PM
    • 24,055 Posts
    • 14,065 Thanks
    xylophone
    • #7
    • 5th Jan 18, 6:01 PM
    • #7
    • 5th Jan 18, 6:01 PM
    https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-junior-isa?cmpgn=PS0517UKPABJI0002&gclid=EAIaIQobChMI3_2E w7PB2AIVbbHtCh3TUwGREAAYASAAEgIX3fD_BwE

    Start with a lump sum and invest £100 a month?
    • ValiantSon
    • By ValiantSon 5th Jan 18, 8:19 PM
    • 238 Posts
    • 222 Thanks
    ValiantSon
    • #8
    • 5th Jan 18, 8:19 PM
    • #8
    • 5th Jan 18, 8:19 PM
    Agreed. If you can stretch the £500 every six months to £100 every month then I'd do that. If you can't then I'd still give the Vanguard Investor JISA (linked to by Xylophone) a look. The platform fee is the lowest around at 0.15% and there are no other fees, other than the OCF for the funds (which you will pay with all other platforms too). The only thing to note is that you can only by Vanguard funds through this platform, but that isn't necessarily a problem.
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