From wary to daring: Sixteen funds for a JISA

Fidelity Fundsnetwork has unveiled a shortlist of 16 funds approved by Old Broad Street Research (OBSR) as suitable for Junior ISAs.

The new tax wrapper for saving for under-18s will be launched on 1 November and Fundsnetwork is one of only a handful of platforms which will offer them immediately.

The approved funds have been placed in four categories - conservative, balanced, growth and adventurous - depending on their risk objectives, profiles and styles.

Paul Richards, head of sales at Fundsnetwork, said "The OBSR selected Junior ISA funds aim to help advisers as they research appropriate and suitable funds for their customers, with the knowledge that the funds selected by OBSR have been thoroughly reviewed and selected on an independent basis, by a market leading company."

Conservative

Newton Real Return
Axa Framlington Distribution
JPM Cautious Total Return
M&G Optimal Income

Balanced

Fidelity Multi Asset Strategic
Henderson Cautious Managed
Invesco Perpetual Distribution
Investec Cautious Managed

Growth

AXA Framlington Balanced Managed
Jupiter Merlin Balanced Portfolio
Threadneedle UK Equity Income
M&G Global Dividend

Adventurous

BlackRock Global Equity
Neptune Global Equity
M&G Global Basics
Aberdeen Emerging Markets