Junior ISA

A tax free payment

With our Junior ISA you’re giving a child the opportunity to save for a tax free payment when they turn 18. By starting to invest for their future today, you’re helping to give them a great financial start in their adult life - whether it’s to pay for uni fees, living expenses or even help towards buying their first house.

Stocks and shares

Our With-profits Junior ISA is a stocks and shares Junior ISA - we invest it in the Healthy Investment Ethical With-profits Fund. It’s a carefully managed fund that includes stocks and shares, company and government bonds, commercial property and bank deposits. The money you put away now will grow through the regular bonuses that we add to the investment every year. (Remember though that bonus rates aren’t guaranteed, and can change every year).

A guaranteed return

Wouldn’t it be great to offer a child a guaranteed, tax-free payout when they turn 18? Well, with our Junior ISA that’s what they get - for all investments held over 5 years, we guarantee they will receive all of the money that has been invested, plus all the bonuses that have been added. They may also receive a final bonus. For investments held for less than 5 years at age 18, we make this same promise on the 5th anniversary of every investment.
Only a parent or guardian of a child under 16 can open a Junior ISA, but once it’s open anyone can make more investments. Once they’re over 16 they can even open their own Junior ISA.

Our Junior ISA is truly flexible - there’s no minimum term and you can change or pause payments whenever you need to. You can even start it with just a £10 investment - after that you can invest up to £4,128 in a Junior ISA every year.


The Junior ISA is an easy way to grow a cash sum that will be really appreciated when the child turns 18. You can make regular payments, or even one off payments - for example when they get birthday or Christmas money.

We provide both Child Trust Funds and Junior ISAs, so if you’d like to discuss transferring a CTF to a Junior ISA, just let us know. We can’t offer advice, but we’d be happy to talk through the differences with you.

Important Points

Available to any UK resident under the age of 18, who does not have a Child Trust Fund.

Junior ISAs can only be opened by parents or guardians of children under 16, but once open anyone can invest in them for the benefit of the child.

If the child is between 16 and 18 they can open one themselves.

You might consider this Junior ISA if you already save for them in a bank or building society and you are now looking to put some money in to an investment that has some risk but the potential for higher returns.

Invest up to £4,128 (2017/18 tax year) by adding a monthly amount or a single investment (both a minimum of £10).

If your child has a Junior ISA with another provider you can transfer this into a Healthy Investment stocks and shares Junior ISA without affecting their current Junior ISA tax years allowance.

You can transfer an existing Child Trust Fund to a Junior ISA.

You should see this Junior ISA as a medium to long term investment.

Although the Junior ISA grows through bonuses, bonus rates are not guaranteed and in exceptional circumstances could be nil.

If when the child is over 18, or you transfer the Junior ISA within the first 3 years, an early surrender penalty will apply. The early surrender penalties reduce each year the ISA has been invested, as follows:
Year 1 – 3%
Year 2 – 2%
Year 3 – 1%
Year 4 plus – nil

If you cash in, or make a withdrawal, a Market Value Reduction (MVR) may also be applied, which, if not made on one of the guaranteed MVR free dates, could reduce the amount the child receives and they might receive back less than you invested. A MVR may be applied if there’s a significant fall in the value of the stocks and shares, or other investments we have invested in.

If you invest into a Healthy Investment stocks and shares Junior ISA for them you will not be able to invest in another stocks and shares Junior ISA.

Inflation will reduce what the investment will buy in the future.

Tax rules can change at any time.

If you have any doubt whether this Junior ISA is right for them, you should seek financial advice.

If you decide to invest in a Healthy Investment stocks and shares ISA, you will be investing into our Ethical With-profits Fund, which includes a mix of stocks and shares, fixed interest bonds, commercial property and cash deposits. The mix of assets held changes over time.

Our Ethical With-profits Fund does not knowingly invest directly in companies in the alcohol, tobacco and arms industries and gambling and pornography providers.

The Board aims to provide a consistent return by smoothing the investment return to avoid volatile fluctuations in the value of your investment. Smoothing may not protect you against long term or sustained falls in the value of investments.

For further information on our Ethical With-profits Fund please click here.

Reversionary bonus
A reversionary bonus is an annual bonus, which once added to their Junior ISA, can never be taken away. These are the reversionary bonus rates we’ve previously applied to our stocks and shares Junior ISA:
2016 – 2.50%
2015 – 2.50%
2014 – 3.00%

The level of bonus depends on investment performance, our expenses and our solvency margin over the previous year as well as the Board’s expectations of future performance. The level of bonus also reflects the capital and bonus guarantees. The rate of bonus can change every year and could in exceptional circumstances be nil.

All reversionary bonus rates are net of charges. The bonus rate declared is the bonus rate you receive.

Interim bonuses
Unlike declared reversionary bonus rates, which can never be changed, interim bonus rates can be increased or reduced by the Board at any point during the year. The current interim bonus rates are based on a prudent view of future investment performance, solvency and expenses over the year. They are used for partial and full withdrawals during the current year.

For our current interim bonus rates please contact our office.

Terminal bonuses
A terminal bonus is an additional final bonus which may also be added on partial and full withdrawals or in the event of the death of the investor. The rate of final bonus can be changed at any time or can be withdrawn altogether.

The Healthy Investment stocks and shares Junior ISA comes with important capital and bonus guarantees to ensure the child receives back your initial investment plus all the bonuses that have been added to their Junior ISA, providing they cash in on one of the key anniversary dates.

The first key MVR free anniversary date is on the child’s 18th birthday, for all investment made before their 13th birthday and every 5th birthday after that. If the individual investment has been made for less than 5 years when the child reaches 18 the first MVR free guarantee will apply on the 5th anniversary of the investment and every 5th anniversary thereafter.

MVRs are never applied on death.

The level of bonus depends on investment performance, our expenses and our solvency margin over the previous year as well as the Board’s expectations of future performance.

The Key Information Document includes examples of what you might receive back based on different investment scenarios. It also helps you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products.

Download our latest Key Information Document for our Junior ISA here.


Important Documents

  • Key Information Document – Single


  • Key Information Document – Regular


  • Terms and Conditions


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Opening a Healthy Investment Junior ISA is really easy.

If you have any questions now or whilst you are applying just give us a ring or send us a message and we will help you.