The millennial wealth gap
I was in a meeting this week when the subject of ‘millennials’ came up. And, shortly into the...
The Junior ISA turns five today and, since its launch in 2011, the most popular fund among clients of FundCalibre’s sister company, Chelsea Financial Services, has been Elite Rated Liontrust Special Situations. The fund has returned 107.7% over the period, beating its benchmark, the FTSE All Share, by more than 45% after charges and turning an original £3,600 invested into £7,478*.
In fact, seven out of the ten best-selling funds for Junior ISAs hold an Elite Rating from FundCalibre:
*Source: FE Analytics, 1st March 2012 to 18th October 2016. Chelsea Junior Aggressive EasyISA returned 69.08%, Chelsea Junior Core EasyISA returned 48.12% and Chelsea Junior Balanced EasyISA returned 64.22%. The performance calculated takes into account any changes to the underlying funds in the EasyISAs during the five year period.