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

RankFund/TrustHas turned £1,000 into:
1Fidelity Global Technology£7,788.11
2Scottish Mortgage Investment Trust£6,312.40
3Polar Capital Healthcare Opportunities£6,041.57
4AXA Framlington Global Technology£5,657.14
5Baillie Gifford American£5,096.20
6Fundsmith Equity£5,076.24
7GAM Star Disruptive Growth£5,038.37
8AXA Framlington American Growth£5,038.24
9Polar Capital Global Insurance£4,681.93
10Baillie Gifford Shin Nippon£4,637.50
This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.