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    • djs77
    • By djs77 14th May 18, 10:23 AM
    • 4Posts
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    djs77
    Junior ISA Stocks & Shares help needed
    • #1
    • 14th May 18, 10:23 AM
    Junior ISA Stocks & Shares help needed 14th May 18 at 10:23 AM
    Hi
    I am new to Stocks & Shares ISAs and am looking to invest in one for my 2 children. I have been looking all over and trying to make sense of it all. Cavendish Online seems to be a sensible one to possibly go with. I was just wondering if anyone had any advice on who they might recommend?
    My children are 3 and 6.

    Thank you very much for any help,
Page 1
    • xylophone
    • By xylophone 14th May 18, 11:51 AM
    • 27,267 Posts
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    xylophone
    • #2
    • 14th May 18, 11:51 AM
    • #2
    • 14th May 18, 11:51 AM
    You might also wish to look at

    https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-junior-isa

    http://monevator.com/using-vanguard-lifestrategy-funds-life/
    • Alexland
    • By Alexland 14th May 18, 12:27 PM
    • 3,602 Posts
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    Alexland
    • #3
    • 14th May 18, 12:27 PM
    • #3
    • 14th May 18, 12:27 PM
    Of the above options I would choose Vanguard Investor over Cavendish and use a target date fund which reduces (but does not eliminate) volatility as the withdrawal approaches. For example if you think the children will need the money at 18 to fund uni costs then maybe the Vanguard Target Retirement 2030 or 2035 funds?

    https://www.vanguardinvestor.co.uk/investing-explained/what-are-target-retirement-funds

    Alex.
    Last edited by Alexland; 14-05-2018 at 12:35 PM.
    • djs77
    • By djs77 14th May 18, 11:18 PM
    • 4 Posts
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    djs77
    • #4
    • 14th May 18, 11:18 PM
    • #4
    • 14th May 18, 11:18 PM
    Thank you very much for your help.


    The reason for going with Vanguard over Cavendish is mainly due to the easing off of risk when the fund is coming to an end?


    Thank you again. Just trying to get my head around all the pros and cons of them all.
    • Alexland
    • By Alexland 14th May 18, 11:30 PM
    • 3,602 Posts
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    Alexland
    • #5
    • 14th May 18, 11:30 PM
    • #5
    • 14th May 18, 11:30 PM
    In terms of platform fee - Vanguard Investor is 0.15% and Cavendish is 0.25%

    In terms of the investment funds - Vanguard Life Strategy will hold a fixed balance of shares/bonds whereas Vanguard Target Retirement will reduce stock market exposure (moving to fixed income) as the target date approaches to avoid a significant drop just before the child withdraws the money.

    You can buy Vanguard funds on both Vanguard Investor and Cavendish. Cavendish will offer a much wider fund choice but if you are happy with Vanguard funds why pay more?

    Alex
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