Invest in funds lending money to a government or company, in return for an agreed level of interest over a set period. They're also known as corporate bonds, fixed interest securities or income investment funds.
The tax efficiency of ISAs is based on current rules. The current tax situation may not be maintained. The benefit of the tax treatment depends on individual circumstances.
Stocks and shares ISA
Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed.
You may get back less than you invest.
Although there is no fixed term you should consider stocks and shares ISA investments to be medium to long-term, ideally five years or more.
Please remember the value of your child’s investment may fall as well as rise and is not guaranteed.
Your child may get back less than the amount invested.
The money invested in a stocks and shares Junior ISA is locked away until your child becomes 18 and then rolls up into an adult ISA. You should consider it to be a medium to long-term investment, ideally of five years or more.