OneFamily and Co-op
We're proud to have partnered with Central Co-op to share our Junior ISA so that more children can say "yes" to their dream future. Whether they use their Junior ISA money to study, to travel to an apprenticeship or to buy the equipment they need to start their career, it could make all the difference to your child when they turn 18.
At OneFamily, we believe that everyone has the right to save for their children and we make that possible with our low minimum investment of just £10 a month.
Central Co-op members will receive a reward for opening up a Junior ISA
About OneFamily's Junior ISA
A OneFamily Junior ISA is an investment account that can be opened for a child under 16 by someone who has parental responsibility for the child.
Anyone can pay money in, and the child will be able to access it when they turn 18 without paying any tax on any money they withdraw.
OneFamily's Junior ISA is a stocks and shares junior ISA. That means the money that you pay in goes into a fund that's invested in the stock market.
This gives your money good potential to outgrow interest rates, but there is a risk that its value could go down, which would mean your child getting back less than has been paid in.
You can invest up to £9,000 in a junior ISA each tax year. But you don't need to invest as much as that, at OneFamily, our minimum investment is just £10 a month by Direct Debit or a £100 one-off payment.
Not the right product for you? Check out our Central Co-op Lifetime ISA.
Junior ISA projection calculator
Use our Junior ISA calculator to find out how much your child could get at 18 if you start investing a small amount now.
The calculator shows how your child's Junior ISA could grow with low, medium and high performance. Remember, projections are not a guarantee of future performance and your child could get back less than you pay in.
Please note: No more than £9,000 may be invested into a Junior ISA within a single tax year. This includes your initial investment and your monthly direct debit payments.
Member Reward
Central Co-op Members will receive a reward for opening up a Junior ISA*
| Monthly DD (for 3 months min) | Age of child | Member reward |
|---|---|---|
| £25 - £49.99 | 1-6 | £10 |
| £25 - £49.99 | 7-15 | £5 |
| £50+ | 1-6 | £20 |
| £50+ | 7-15 | £10 |
*a direct debit must be set up and eligibility for the reward is checked after 90 days.
You have a choice of two funds
As our Junior ISA invests in stocks and shares, its value can go down as well as up meaning your child could get less than was paid in.
When you open your OneFamily Junior ISA, you’ll be asked to choose which of these two funds you'd like to invest in:
Family Balanced International Fund
For more cautious long-term investors
Invest your money in a wide range of assets including company shares and property, as well as fixed interest assets to reduce your risk of loss. A wide range of investments includes companies in the UK, Europe, US, Far East and emerging markets.
Annual Management Charge of 1.5%Risk rating
Lower HigherYou can find out more about this fund in our Key Information Document and Fund Factsheet
Family Charities Ethical Trust Fund
For more adventureous long-term investors
Invest your money in the top 50 UK companies who focus on operating in a more sustainable way and ensure good supply-chain labour standards. Invests into sectors including pharmaceuticals, consumer goods and healthcare.
Annual Management Charge of 1.5%Risk rating
Lower HigherYou can find out more about this fund in our Key Investor Information Document and Fund Factsheet
Despite having an investment focus on the climate, we've chosen not to apply for a UK Sustainable Investment Label* for this fund. Find out why below.
Ready to get started?
Why invest with OneFamily?
We're owned by our members for our members, which means we don't have shareholders to pay - so we can reinvest our profits for good.
Putting our members first and improving the financial wellbeing of those who need it most is firmly built into our values. We have nearly 1.6 million customers* and 49 years' experience of providing accessible, affordable products to help people make the most of their money. And don't just take our word for it - our customers rate us highly, with an overall satisfaction score of 93% in 2023.**
Our Inspiring Better Futures vision is driven by doing the right thing for our customers, colleagues and communities. We awarded 111 young people with education grants to help with the cost of further education and training in 2023, as well as supporting our communities through volunteering and our charity partnerships.
*As at 12 May 2024.
**Source: Bright survey, 2023.
*UK Sustainable Investment Labels
"Sustainable Investment Labels" have been introduced to help investors find products that have a specific sustainability goal, although not every fund that uses sustainable criteria qualifies for these labels. Because the way Family Charities Ethical Trust Fund invests doesn't exactly align with the definition used for these labels, this product doesn't have a UK Sustainable Investment label.
More information on sustainability labels, and a reminder of how Family Charities Ethical Trust Fund targets sustainable environmental outcomes, can be found in our sustainability disclosure document.
Find out about UK Sustainable Investment Labels on the Financial Conduct Authority website.
See what our customers are saying....
Start saving today – open our Junior ISA online
