The best performing funds since the Junior ISA launched

The Junior ISA was introduced on 1 November 2011.  Just like the standard ISA, it’s a tax-efficient wrapper which shields income and capital gains from the taxman and was designed to help parents, grandparents, guardians, and family friends save or invest money for children.

What your investment could be worth

When it first launched, the maximum amount you could invest each year was £3,600. 11 years on, the maximum annual allowance is £9,000 – a substantial amount of money that can give children a solid financial start in life.

Of course, that amount is beyond the means of many people. But even a one-off investment of £1,000 when the Junior ISA was introduced could be worth many times that today.

Best performing funds and trusts

The best performing sector over the past 11 years has been the IA Healthcare sector, with the average fund turning an initial £1,000 investment into a pot of money worth £4,833.82*. The next best sector on average was IA Technology and Technology Innovations, followed by IA North America in third place*.

But which Elite Rated funds and trusts have produced the best returns?

Top of the table is Fidelity Global Technology fund, which has turned £1,000 into £7,788.11*.

In second place is Scottish Mortgage Investment Trust, which despite having had a torrid 12 months as its high growth stocks have fallen out of favour, has still turned £1,000 into £6,312.40*.

Third spot is taken by Polar Capital Healthcare Opportunities with £6,041.57*.

Top 10 performing Elite Rated funds and trusts over 11 years