Expert investing tailored to you

Whether your goals are big or small, you can look forward to the same care and attention from our team of experts. We make investing easy and provide a choice of investment styles that work for you.

With investment, your capital is at risk. Tax treatment depends on your individual circumstances and may change in the future.

John Lewis Investments provided by Nutmeg

John Lewis works with Nutmeg to offer you a simple and convenient way to invest your money. We have flexible options that will work for you and align with your goals.

Let's get started

Get Started

With investing, your capital is at risk

Junior ISA benefits

Gift them a head start in life

If you’re a parent or guardian, you can start a tax-efficient investment on behalf of a loved one who’s under the age of 16. Parents, guardians, grandparents or even friends can make regular contributions to a Junior ISA with up to £9,000 per year. At 18, your child will have full access to the money. 

The earlier you open a Junior ISA, the more time we’ll have to invest for you. Open your account the day they’re born, and you could benefit from 18 years of compounding – that’s when you generate returns from previous returns.    

With investment, your capital is at risk. Tax treatment depends on your individual circumstances and may change in the future. 

How it works

Open a Junior ISA in minutes and start your child’s financial journey today. Our product is simple, transparent and designed by experts.

Personal

Personal

Investment expertise, on your terms. Our investment team has built a range of portfolios, which are tailored to your chosen risk level and investment style.

Simple investing

Simple

Log in from any device to open your account, with £100 or more, to change risk level or investment style. Our fees are clear and we don't charge exit fees.

​Transfer an existing ISA whilst you open an account, use our straightforward guide to find out more.

Transparent

Transparent

See where your Junior ISA is invested and how it’s performing. If you need any help, our advisers and customer support team will answer your questions.

Our fees are clear
and fair

There are 3 separate fees associated with our investment accounts:

Nutmeg fees
Charged as a percentage of your portfolio value and includes VAT where applicable. Collected once per month.

Fund cost
The average investment fund cost per year. This also includes estimated transaction costs within the funds.

Market spread
Average effect of market spread per year. This is the difference in price between buying and selling assets.

You can find out more about our fees here or in the breakdown below. 

Socially responsible portfolio

Expert investing tailored to you

Whether your goals are big or small, you can look forward to the same care and attention from our team of experts. We make investing easy and provide a choice of investment styles that work for you.

Our investment styles

Socially Responsible

A socially responsible approach to your investments

It is our aim to ensure that your investments align with your goals. Our socially responsible portfolios focus on investments in companies and bond issuers that take into account certain environmental, social and governance (ESG) considerations. We invest in exchange traded funds (ETFs) that avoid companies engaged in controversial activities and focus on those that spearhead ESG. Nutmeg's approach to socially responsible investing can be found below.

Annual costs and charges

0.75% up to £100k, 0.35% beyond

+Average investment fund cost: 0.33%

+Average market spread: 0.08%

Fully Managed

We’ll handle the hard part

Our Fully Managed portfolios offer a range of globally diversified ETFs, each selected in accordance to your risk preference and goals. Rest assured, your investments are managed by a team of experts to reflect the current economic environment. Using innovative technology, our team will make continued strategic adjustments to your investments based on news, data and analysis, and rebalance them when necessary. We do this to help you stay on track with your long-term investment objectives.

Annual costs and charges

0.75% up to £100k, 0.35% beyond

+Average investment fund cost: 0.21%

+Average market spread: 0.08%

FREE CALL WITH AN INVESTMENT EXPERT 

Need some extra help? You can call a Nutmeg investment expert for free investment guidance. Whether it’s a quick chat on how our investment styles work or a longer discussion about your retirement plans, they’re there to answer all your burning investment questions.

  • Speak to an expert for free at any stage of your journey with us 
  • Tailored guidance no matter your life stage or investing experience 
  • Support with your financial goals  
Book a call

As with all investing, your capital is at risk

Let's get started

Get Started

With investing, your capital is at risk

Tax treatment depends on your individual circumstance and may change in the future.

Frequently asked questions

The tax allowance for a Junior ISA in the 2023/24 tax year is £9,000. This is due to remain the same for the 2024/25 tax year.  At the end of the tax year, your allowance resets, however any unused allowance from the previous year will not carry over.

Only a parent or legal guardian residing in the UK can open a Junior ISA on behalf of their child. Only the ‘registered contact’ can manage the account.

The registered contact is the only person who can:

  • change the account, e.g. adjust risk levels  or investment styles 
  • change the account provider  
  • report changes of circumstances, e.g. change of address 

    Those who live outside of the UK can only become a registered contact if they are a crown servant (in the UK’s armed forces, diplomatic service or overseas civil service) and the child depends on them for care. Both criteria must apply.

    To open a Nutmeg JISA, the account holder must contribute a minimum of £100. Note, you must have an existing account with Nutmeg to open a JISA. If you’re opening a new Nutmeg account for the purpose of opening a JISA, the account can remain unfunded.  

The money in a Junior ISA belongs to the child in all but exceptional circumstances.

When the child turns 16, they may apply to become the registered contact and manage the Junior ISA themselves. However, they cannot withdraw the money until they’re 18.  

There are two types of Junior ISA:  

  • In a cash Junior ISA, you do not pay tax on interest. Although cash is guaranteed not to fall in value, annual inflation will have an adverse impact on its value.  
  • In a stocks and shares Junior ISA, you pay no tax on capital growth or dividends. Investments are riskier but may mean growth is potentially greater than a cash product. However, unlike cash, the value of a stocks and shares Junior ISA can go up or down.  

A child can only have one stocks and shares Junior ISA. But a parent or guardian may open multiple Junior ISAs for different children. 

Anyone, including parents, friends and family, can contribute on behalf of the child, provided total contributions fall below the annual Junior ISA limit.

Any contributions to a Junior ISA are not factored into your annual ISA allowance. Nor do they count towards your Lifetime ISA limit.

A registered contact may transfer either a Junior ISA or Child Trust Fund from another provider to Nutmeg. If you wish to transfer your Nutmeg Junior ISA to a different provider, you’ll need to approach the new Junior ISA provider and request the transfer.

The child can take control of the account when they’re 16 but cannot access the money until they turn 18. If not withdrawn at age 18, the money rolls into an adult ISA. 

You cannot have a Junior ISA as well as a Child Trust Fund (CTF). If you want to open a JISA you must transfer the CTF in. 

A Child Trust Fund is a long-term tax-free savings account for children. The CTF scheme is now closed, so you cannot apply for a new one. But people with existing CTFs can continue to contribute £9,000 a year into them.  

A Child Trust Fund (CTF) is a tax-efficient savings account for children for long-term saving. The CTF scheme is now closed, so you can no longer apply, however, people with existing CTFs can continue to contribute up to £9,000 a year into them.