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Junior ESG
Sustainable Investment (Junior ESG ISA)
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Sustainable Investment (Junior ESG ISA)

Our Junior ESG ISA gives you a way to save in a modern, ethical fund.

We believe in offering a sustainable product that invests in companies striving to have a positive impact on the world.  

The fund prioritises its investments towards companies that show good practice in 3 areas – Environmental, Social and Governance. Because of the size of the funds under management, this is a positive way to influence companies to improve their ESG behaviours.

Fund Unit Price Since Launch

The following graph shows the unit price of the Junior ESG ISA since launch in December 2020.

Click To Enlarge

Please note: This is a risk investment. Past performance is no guide to future returns. You could get back less than you invested.

Junior ESG ISA Performance Example

Example based on an initial investment of £10,000 on 1st January 2021:

Period Performance 1 Jan Investment 31 Dec Value
1 Jan 2021 to 31 Dec 2021 +24.8% £10,000 £12,482
1 Jan 2022 to 31 Dec 2022 -11.8% £12,482 £10,999
1 Jan 2023 to 31 Dec 2023 +16.5% £10,999 £12,815

Please note: This is a risk investment. Past performance is no guide to future returns. You could get back less than you invested.

How does it work?

Each firm is given an ESG score, based on the following factors:

  • Environmental

    Environmental

    issues relating to our planet, such as climate change, carbon footprint, deforestation, resource usage and recycling.

  • Social

    Social

    focuses on companies having the right culture including treating all workers fairly regardless of gender, race, ethnicity, sexual orientation etc.

  • Governance

    Governance

    involves ensuring that companies are run properly, balancing the needs of shareholders, all employees, customers and the local community.

  • Useful Videos

  • What is an ESG Investment?

  • Explaining Corporate Governance

It does not invest in companies whose only activity is coal mining, manufacturers of controversial weapons, or perennial offenders of the UN Global Compact.

Main Product Features

  • Flexible. You can:

    Pay in regularly using direct debit with a minimum of just £10pm

    Change the amount or stop paying at any time

    Pay in occasional lump sums via BACS or cheque

    Transfer a Junior ISA from other providers to us

    Transfer our Junior ISA to another provider

    Invest in our Junior ESG ISA in addition to your Cash ISA each year

  • Accessible at age 18

    The Junior ISA helps families to build up a lump sum that becomes available when the child is 18.

  • Tax free

    Our ISA provides a tax free return when you cash in, or transfer to another provider.

  • How do the charges work on your ISA?

    There are no fees when you pay money in, transfer, or withdraw money, or close the ISA. The only fee is a 1.5% annual amount.

    This is taken out in small amounts each week when the ISA Fund value is calculated. We take approximately 1/52 of 1.5%, so that over the year, we will deduct a total of 1.5%. The actual amount taken each week will depend upon your ISA value each week.

    As an example, if your ISA was worth £1,000 every week throughout the year, your charges would be 28.8p per week. Over the whole year therefore your charges would total £15.

Things to consider

You will find more information about the Junior ESG ISA in the Key Information Documents and Key Features Document. Below are some important points that we want you to be aware of:

  • The proceeds cannot be accessed until the child is 18, although it can be transferred to another provider at any time. You could get back less than you have invested, particularly if the transfer is in the early years of the Junior ESG ISA commencing.
  • When the child reaches 18, unless the Plan is closed and the funds withdrawn, the Junior ESG ISA will automatically becomes an Adult ESG ISA.
  • There is an annual contribution limit set by the Government for JISAs (in total for Cash JISAs and Stocks and Shares JISAs if someone contributes to both types). This is currently £9,000.
  • This is a medium to long term investment (5 years or more).
  • This is a risk investment. The value of your Junior ESG ISA can go down in value as well as up. You could get back less than you invested.
  • Inflation will have an effect on the future purchasing value of your investment.
  • Tax will have been paid in the underlying fund. HMRC could change the tax status of ISAs in the future.
Sustainable Investment (Junior ESG ISA)
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Product Comparison Table

Product
Children's Savings Plan
Child Trust Fund
Junior ISAs
Min prem £5 £10 £50 initial
then £10pm
Max Prem £25
(a taxable version is available if a higher premium is required)		 £9,000
for the current tax year		 £9,000
for the current tax year
Min age at outset Birth Born between 1 Sept 2002 and 2 Jan 2011 Born before Sept 2002 and still <18  or after 3 Jan 2011
Max age at outset 11 See above Born before Sept 2002 and still <18  or after 3 Jan 2011
Min term (years) 10
(must be 16 or older when proceeds taken)		 None
but should be considered a medium to long term plan (5 years or more)		 None
but should be considered a medium to long term plan (5 years or more)
Max term (years) 30 To age 18 To age 18
when proceeds can be taken, or it becomes an 'adult' ISA
Fixed term Yes No
but see above		 No
but see above
Flexible contributions No Yes
can add lump sums, amend or stop regular payments and start again later		 Yes
can add lump sums, amend or stop regular payments and start again later
Life cover Sum assured plus all bonuses added to date of death 101% of the CTF value at date of death 101% of the ISA value at date of death
Transferable No Yes
can be transferred from or to another provider		 Yes
can be transferred from or to another provider

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