These terms and conditions are supplemental to the tickr general Terms and Conditions accessible here which also govern the provision of the tickr ISA/GIA account and the app terms and conditions. The tickr general Terms and Conditions apply to JISAs and are incorporated into the JISA Terms and Conditions. Where the tickr general Terms and Conditions refer to ISAs those references shall apply equally to JISAs. A JISA shall be a Platform Product for the purposes of the tickr general Terms and Conditions. Where there is a conflict between the tickr general Terms and Conditions and these JISA Terms and Conditions these terms shall prevail.
For each JISA account you open, the fees are £1 per month plus 0.3% per annum (calculated monthly) on balances over £3,000. With the JISA, the fees will be debited from the portfolio on a monthly basis. You hereby give us an irrevocable instruction to sell such assets as necessary to create available cash to collect our fees. Please see below for a fees illustration.
A child will be eligible for a Tickr JISA if:
You must inform us immediately if the Eligible Child for whom the JISA has been opened ceases to meet the eligibility requirements.
To open a JISA on behalf of a Child you will:
You will be the Registered Contact for the JISA unless replaced. You will be our point of contact for all correspondence and statements and you will give us instructions for the management of the account. There can only be one Registered Contact at any time. The Child will be the beneficial owner of all assets. If you cease to have parental responsibility for the Child you must notify us immediately. We will be unable to accept any instructions from you at this point and will only accept instructions from the newly appointed Registered Contract. Each time you give us an instruction to deal with assets you warrant that you have parental responsibility for the child.
The Registered Contact may only be replaced in the following circumstances:
No withdrawals may be made from the JISA before the Child’s 18th birthday unless:
The JISA will be closed when:
When the Child is 18 we will convert the account into a standard ISA. We will write to the Child asking for instructions to either sell the investments or to retain the investments and any cash in a newly opened ISA which will be subject to the Tickr terms and conditions.
Transfers into a tickr JISA
To make a transfer to another JISA Manager you must provide us with a completed transfer form which will be available from the new manager. We will sell the investments and transfer
any cash balances to the new Manager. If we are owed any fees we will deduct those before transferring the balance. We are unable to transfer investments outside of the ISA.
These are the estimated costs and charges you will pay to buy and own your selected investment(s). These estimated charges include the charges the fund manager makes for managing the fund(s) (if applicable). They also show our estimated charges for buying and holding the investment with us. If you have any queries with these charges please email [email protected]
Fees vary based on your choice of Theme and Risk Level. Here is an illustration of fees applied to our most popular Theme and Risk profile (Theme: Combination, Risk: Adventurous)
The estimated charges listed here are charged by the Fund manager(s) and are paid from within your investment and included in the price. The figures shown are aggregated where your investment selection includes more than one fund.
|Initial Charges||0.00%||£0.00||The charge from the fund manager for buying your investment(s).|
|Annual ongoing charge||0.425%||£4.89||The annual charge from the fund managers for managing and operating the funds.|
|Transaction charges||0.00%||£0.00||The costs of buying and selling the underlying investments over the year.|
|Total||0.425%||£4.89||The costs of buying and selling the underlying investments over the year.|
|tickr monthly subscription fee||—||£12.00||Charged at £1 per month, deducted from your balance at the beginning of each month|
|tickr platform fee under £3000.00||0.00%||£0.00|
|tickr platform fee over £3000.00||0.00%||£0.00|
|Total costs and charges||0.99%||£16.89||The total projected costs and charges in connection with your tickr account. This is a projection based on the first 12 months given the amounts you have chosen to invest.|
If your investment is held for 5 years and achieves a net growth rate of 5% p.a.
|Return assuming no charges||14.46%||£939.63|
|Return after charges||11.80%||£766.81|
Investment performance can’t be guaranteed and the value of your investment can go down as well as up. Performance shown is calculated on a monthly compound basis. tickr fees are deducted monthly. Fund fees are not paid by you directly but your portfolio balance will always be reflected net of fund charges.
Amount to be invested: This is the actual amount you have chosen to invest or an estimate based on the amount of units/shares you are buying.
All charges shown are estimated based on the amount you have chosen to invest. The fund manager’s charges are provided from the fund managers fact sheets and KIID documents and may not be accurate and you should not rely on this information when making your investment decisions.
The value of your investments can go down as well as up and you may get back less than you originally invested. We don’t offer advice, so it’s important you understand the risks, if you’re unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.