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The Child Trust Fund (CTF) was the forerunner to the Junior ISA. Children born in the UK between 1st September 2002 up to and including the 2nd January 2011 were eligible for the Child Trust Fund. Although no longer available to new-born children, existing Child Trust Fund accounts remain open to new investment. You can transfer an existing Child Trust Fund account to Jump with the minimum transfer value of £1,000. With effect from 6th April 2015, you can transfer an existing CTF account to Jump Junior ISA, providing the transfer value is a minimum of £1,000.
*Please note that tax assumptions may change if the law changes, and the value of tax relief (if any) will depend upon your individual circumstances. Investors should consult their own tax advisers in order to understand any applicable tax consequences. The above section is based on Witan Investment Services Limited's understanding of Revenue law and practice as at April 2015.