BMO Junior Investment Account

As children grow so can their savings

This plan is an easy and tax-efficient way to invest in the global stock market for the child in your life. 

It provides an affordable way for parents and grandparents to build a savings pot for their little ones without any investment limits. A great option if you’ve already maxed out a Junior ISA or CTF. Unlike our other two children’s plans you decide when to gift the money to them.

Any funds accrued in the Junior Investment Account are also free from inheritance tax. 

Why choose a BMO Junior Investment Account?

Benefit from our expertise

Our experienced fund managers make informed investment decisions for you. We invest in a range of equities, bonds, property and private equity and have been helping customers since 1817.

Investment trust options

Whether you’re looking for growth or income, join over 100,000 UK Investors and create an investment portfolio that meets your needs with our 10 Investment Trusts.

No investment limit

Our Junior Investment Account has no annual limit, so you can invest as much as you like. Handy if you’ve already maxed out their Junior ISA or CTF allowance.

Responsible Investment

For over 35 years, we have led the way in responsible investment. We’ve engaged with over 5,500 companies to ensure that generating returns for our investors does not come at the expense of the real world in which we all live.

Let's talk about risk

The value of your investments and any income from them can go down as well as up and you may not get back the original amount invested.

BMO Asset Management Limited is authorised and regulated by the Financial Conduct Authority and assets are protected by the  Financial Services Compensation Scheme.

Invest in a BMO JIA through our 10 investment trusts

With a BMO Junior Investment Account you invest through our diverse range of Investment Trusts. Our 10 investment trusts provide a range of investment opportunities, including access to equities, bonds, property and private equity.

Each trust has different aims and strategies. You can select a trust that aims for capital growth, income or both. Some have a specific regional focus, while others take a global approach.

Please see the Key Information Documents (KIDs) for further details on the risks for each trust. View the latest performance of our Investment Trusts.

What will it cost me?

  • Annual charge – £25 + VAT
  • Dealing charges per holding for postal instructions – £12. These charges do not apply to the reinvestment of dividends and/or monthly instalments.
  • Government stamp duty of 0.5% also applies on purchases of UK shares only.

Make sure you read the pre-sales costs disclosure before you invest.

How can I open a BMO Junior Investment Account?

Investing in a BMO JIA is straightforward. Open an account using either our investors portal or by downloading an application form and sending it into us, choose the investment trust(s) that best suits your investment needs and finally, decide how much to invest. 

Before investing, please make sure you read the Key Features and Terms & Conditions, the relevant Key Information Document and Pre-Sales Disclosure documents.

Our Junior Investment Account video

BMO Junior Investment Account
The BMO Junior Investment Account is a straightforward way to invest in the global stock market through our award-winning investment trusts.

Frequently asked questions

The BMO General Investment Account is a flexible way to save for the child in your life and capture the growth potential of the stock market.

We are one of the leading providers of children’s investment products. Take a look at the benefits of creating an investment fund with us for whatever their future holds.

Complete flexibility – unlike the Junior ISA and Child Trust Fund (CTF) you can decide when you gift the money to the child. If you set the plan up in your name or the child’s you can also make withdrawals related to the child, making it ideal for childcare costs, school trip funds or even school fees.

Range of savings options – you can build a nest egg for your child by saving from as little as £25 per month, that’s less than £1 a day. You can also invest a minimum £250 or a combination of both and top up your investment plan at any time.

No investment limit – you can maximise the tax allowances available to your children by investing up to the maximum limits in a CTF or Junior ISA. Any additional contributions could then be invested into a Junior Investment Account.

Maximise your inheritance tax advantages – grandparents who are saving for their grandchildren can reduce their inheritance tax (IHT) liability as sums gifted to the child are free of IHT if the donor lives for seven years after making the gift.

Access all 10 of our investment trusts – our investment trusts invest in a range of asset types in the UK and globally. These include equities, bonds, property and private equity. These investment trusts all benefit from the skills and expertise of our team of fund managers.

The whole family can take part – grandparents, godparents, friends and relatives can all add money to your little one’s savings pot. Great for birthday or Christmas gifts.

Invest in the long-term potential of the stock market – take advantage of the benefits that investing in the stock market can offer with the potential for long-term capital growth. Capital isn’t guaranteed as it is in a cash account but historically equities have significantly outperformed cash over the long term.

Junior Investment Account – Retaining ownership

Retaining ownership means you can keep control of your investments and access the money before your child reaches 18.

This flexibility means you can use it for day-to-day expenses, like school fees, sports equipment or other necessities. The plan is held in your name with the child’s name as a designation. This will usually be done by putting their initial on the account name. You can then transfer the account into your child’s name when they are 18, or you can decide to keep it in your name.

Junior Investment Account – Gifting ownership

By deciding to give ownership to the child, the funds are given to the child now. However, as children under 18 cannot be the legal owner of an account, you can appoint up to four adults to look after the investment on behalf of the child. This has the benefit that it would not form part of your estate for inheritance tax purposes. You will not be able to access the money as the assets belong to the child.

However, withdrawals can be made for the child’s expenses. If you’re a trustee you’ll have legal control over the plan until the child reaches legal capacity. That is 18 years old in England and 16 years old in Scotland.

Investing in the BMO Junior Investment Account is quick and straightforward. You can apply online if in sole name, meaning there are no joint holders, in minutes or simply complete an application form.

Choose your investment trusts
Decide which of our investment trusts you’d like to invest into.

Decide on how much you want to invest
You can invest monthly, in lump sums or a combination of both.

Choose whether you want to keep or gift ownership.

Make sure you’re happy to go ahead
Read the Key Features and Terms & Conditions for our products. Make sure that you understand them including any charges that apply to the products and are happy to go ahead.

Got questions about the BMO Junior Investment Account?

Frequently Asked Questions

Information in this section of the Website is directed solely at persons who are located in the UK and can be categorised as retail clients. Nothing on this website is, or is intended to be, an offer, advice, or an invitation, to buy or sell any investments. Please read our full terms and conditions and the relevant Key Information Documents (“KID”) before proceeding further with any investment product referred to on this website. This website is not suitable for everyone, and if you are at all unsure whether an investment product referenced on this website will meet your individual needs, please seek advice before proceeding further with such product.