Best Junior Stocks and Shares ISA 2025?

Albermarle

blowzy said:

Albermarle said:

blowzy said:

Albermarle said:

Two popular ranges are ;
Vanguard LifeStrategy and HSBC Global Strategy.

Both offer a range of about five.
The ones with a low equity ( shares) % are referred to as Cautious and those with a High % as Adventurous ( or something like that.

Both are available on the HL and Fidelity platforms. In fact the latter has its own low cost multi asset funds. ( Fidelity multi asset allocator.

Fees for all of them are around 0.2%

1) Why is Vanguard LifeStrategy and HSBC Global Strategy better than investing in the S&P 500 or 

Vanguard Funds Plc FTSE All-World UCITS ETF
2) Which is better out of Vanguard LifeStrategy and HSBC global strategy. I heard passive management is better than active? but vanguard has a home bias?

Regarding question 1) No investment is 'better' than another one. It is which is most appropriate for the situation/person involved.
The two you mention are 100% equity. This means that they are more suitable for the long term ( > 10 years) and for people with strong nerves as they can drop alarmingly in a stock market crash. The S&P one is more risky than the All world one ,as it is more concentrated.
2) Multi asset funds normally have less than 100% equity ( it ranges from 20% to 90%) , this makes them less volatile ( which many people prefer )and better if the time scale is a bit less than 10 years. They use a blend of passive trackers, but you are right there is a level of active management involved . Life Strategy has a home bias but the % equity always stays the same ( So VLS 60 will always have 60% equity) . HSBC GS varies the equity within a tightish range .
So it is not true active management, a kind of active/passive , or passive/active. 

Note the fund VLS 100 is a bit of an odd one out, so unlike all the other LS products it is 100% equity , but it still has a home bias.
Regarding home bias, in the past few years HSBC GS have outperformed their VLS equivalents by about 1 % pa, but it can easily turn around the other way.

thanks for the response! As this money will likely be saved long term, would It be more sensible to go for the global fund? Also I have around £850  worth of shares in the L&G tracker trust in the CTF at the moment. As I am looking to transfer, should I sell this and invest the money into the global?

Probably yes, as long as you keep in mind it could drop alarmingly at some point.

barker77

If investing in high risk and then want to take some money out and put back into savings is there a way to do this? Looking at Hargreaves’s or vanguard as options currently 

Alexland

barker77 said:

If investing in high risk and then want to take some money out and put back into savings is there a way to do this? Looking at Hargreaves’s or vanguard as options currently 

Many of us use a Money Market Fund for getting a cash-equivalent savings rate within a S&S account without the hassle of trying to do partial ISA transfers etc (if either provider even support it).

https://www.vanguardinvestor.co.uk/investing-explained/what-are-money-market-funds

You can find MMFs from Vanguard, Royal London, etc and hold them on whole market platforms such as HL or Fidelity accounts.

If you are also looking for a JISA don't know why you would be considering Vanguard for the JISA account as they have an ongoing fee.

barker77

Alexland said:

barker77 said:

If investing in high risk and then want to take some money out and put back into savings is there a way to do this? Looking at Hargreaves’s or vanguard as options currently 

Many of us use a Money Market Fund for getting a cash-equivalent savings rate within a S&S account without the hassle of trying to do partial ISA transfers etc (if either provider even support it).

https://www.vanguardinvestor.co.uk/investing-explained/what-are-money-market-funds

You can find MMFs from Vanguard, Royal London, etc and hold them on whole market platforms such as HL or Fidelity accounts.

If you are also looking for a JISA don't know why you would be considering Vanguard for the JISA account as they have an ongoing fee.

Thanks - I still don’t quite understand why you can’t move money to a cash JISA? If I opened a HL (as you say no fee vs Vanguard) I’d like to move profits sometimes out to somewhere guaranteed 

eskbanker

barker77 said:

Alexland said:

barker77 said:

If investing in high risk and then want to take some money out and put back into savings is there a way to do this? Looking at Hargreaves’s or vanguard as options currently 

Many of us use a Money Market Fund for getting a cash-equivalent savings rate within a S&S account without the hassle of trying to do partial ISA transfers etc (if either provider even support it).

https://www.vanguardinvestor.co.uk/investing-explained/what-are-money-market-funds

You can find MMFs from Vanguard, Royal London, etc and hold them on whole market platforms such as HL or Fidelity accounts.

If you are also looking for a JISA don't know why you would be considering Vanguard for the JISA account as they have an ongoing fee.

Thanks - I still don’t quite understand why you can’t move money to a cash JISA? If I opened a HL (as you say no fee vs Vanguard) I’d like to move profits sometimes out to somewhere guaranteed 

The above post correctly refers to partial ISA transfers, i.e. you can move money from a S&S JISA to a cash JISA via the ISA transfer process, but only if partial transfers are supported by both providers - it's not really a process geared up to (semi-)regular profit-taking though, hence the suggestion to consider low-risk products within the S&S environment.

Alexland

barker77 said:

Thanks - I still don’t quite understand why you can’t move money to a cash JISA? If I opened a HL (as you say no fee vs Vanguard) I’d like to move profits sometimes out to somewhere guaranteed 

Junior ISA providers generally don't want to be bothered with partial transfers because it's a lot of admin for what are usually small account values.

As above you can fully transfer the JISA between providers and types provided you observe the rule of not having more than one of each type concurrently. Or try and hunt down ones that allow partial transfers in the required directions eg some may allow it inbound but not outbound but then you might be compromising on getting the lowest fees, best rates, etc.

As such my suggestion is that if you wanted to regularly take profits within the S&S JISA eg to derisk as as it gets closer to being spent you could invest a proportion of the account in a money market fund from Vanguard etc on the HL/Fidelity platform which are short term bonds from extremely high quality issuers such as HM Treasury so have negligible volatility and provide a similar rate of return to a good cash account without the bother of keep shopping around for the best rates.