Junior ISA fund advice for my daughter

dilby

Hello everyone.

I'm starting a Vanguard junior ISA for my daughter who's 3. Considering it isn't to be uesd until she's 18 or so, what vanguard fund would folks here recommend? The following keep coming up in the research I've done and wondering if any stand out as the best option?

Vanguard FTSE Global All Cap
Vanguard LifeStrategy 80% (Classic)
Vanguard LifeStrategy Global 80% (New)
Vanguard FTSE All-World ETF (VWRP)

Thanks so much!

Exodi

Out of that list I'd personally choose Vanguard FTSE Global All Cap.

Note the old LS has a large home bias (~26.5% is UK, when UK makes up about 3.5% of global market capitalisation). Some might be happy with this, but some (as we've seen on this forum) were completely oblivious. The new LS global does not feature home bias.

That said, none are particularly bad options.

You may also want to consider Hargreave Lansdown for your Junior ISA.

Not only do they have a much broader selection of investment funds (so you're not limiting to one particular provider), their data and interfaces are much more polished and while considered expensive for adult accounts, they charge no platform fee for JISA's!

If you do consider HL, it may make it easier to read:

https://monevator.com/best-global-tracker-funds/
(updated less than a month ago)

Which compares the best global tracker funds (not just Vanguard), though to be honest, any would be fine and the differences are small.

Albermarle

As said any of those funds would be seen as suitable for a 15 year time frame.

If you were to open the JISA with HL or Fidelity, there would be no platform charges, plus you would have access to other funds rather than just Vanguard ones. Although the Vanguard ones you list would still be available as well.

Nurse2047

ftse global all cap as includes small cap aswell as large and medium companies.