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Any one provided they are over 18.
All children, of any age, even if they have a Stocks and Shares Junior ISA or a Child Trust Fund.
£250 for lump sums or £50 per month or quarter. .
No, Jump products are only available to UK residents.
The adult who had opened the account. At 18 the child can hold the shares in their own name.
Once you have completed the Jump application form and the account has been opened you will need to complete a Declaration of Trust form. This will detail who is to be the legal owner of teh investment (the trustee or trustees), and the child who is to be the beneficiary. The trustees needn't include the donor, and can include a parent or grandparent. The trustee(s) will be responsible for looking after the investment on behalf of the child.
To download a Bare Trust pack please click here.
Yes, subject to our minimum of a lump sum amount of £100 (by cheque) or monthly/quarterly contribution of £50 (by direct debit).
Anyone. They can add lump sum investments or set up a Direct Debit.
There is no limit.
We charge a fixed annual management fee of £30 +VAT per annum. There are no other dealing charges apart from the 0.5% government stamp duty which is charged on the purchase of all equity products.
There are no tax benefits unless held through a Bare Trust. See our Tax Centre for more information.
Yes. Please see our Key Features and Terms and Conditions for further information.
You can transfer existing certificated holdings of Witan Investment Trust plc directly into the Jump Savings Plan. There is no cost for this. You can also transfer your holdings of Witan Investment Trust plc within your Jump Savings Plan back into your own name by way of a share certificate. The charge for this is £20 + VAT.
No unfortunately due to HMRC guidelines you are unable to transfer investments into or out of a JISA or CTF accounts.
The account holder can retain control of the fund even after the child has reached 18 or upon turning 18 they can transfer the shares into the child's name.
Investors have the option of having them reinvested to buy more shares or paid out as dividend income.