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Quilter: junior ISA are 138% more fruitful than premium bonds
If £3,600 was put into a stocks and shares Junior ISA when the product was first made available in 2011 it would currently be worth nearly £10,000 compared to just £4,000 had the money had been invested in premium bonds during the same period, calculations from Quilter have suggested.
The maximum JISA subscription limit in 2011 was £3,600 and if the full amount was put into a stocks and shares JISA and invested in the IA UK All Company index it would be worth £6,918 today and, if invested...
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