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Junior Investment Account charges

  • No charge - To set up
  • No charge - Cash payments in
  • No charge - Transfers in
  • No charge - Account inactivity
  • No charge - Dividend collection
  • No charge - Interest collection
  • No charge - Income payments

Annual management charges

Funds

This charge applies to each Vantage account separately. It is tiered within bands: 0.45% per annum on the first £250,000 of funds; 0.25% for funds between £250,000 and £1m; 0.1% for funds between £1m and £2m, and no charge on the value of funds over £2m.

Amount

Charge

£0 - £250,000
0.45%
£250,000 to £1m
0.25%
£1m to £2m
0.10%
Over £2m
0.00%

Cash

No charge


Shares, investment trusts, ETFs, gilts & bonds

No charge

Note: The investments you choose may have their own initial and annual charges and a bid offer spread. Hargreaves Lansdown receives commission from some fund groups for arranging and administering your investments. Details are available in our key features document, the trading pages of our website and on our contract notes.

Dealing charges (per deal)

Fund dealing

Online, phone and post dealing
(unit trusts and OEICs)

No charge

We also offer up to a 5.5% saving on the initial charges made by the fund manager


Reinvestment of income

1% (£1 minimum, £10 maximum)

In each account, if you choose automatic reinvestment, any dividends received will be reinvested once they reach £10 per holding.

Share dealing

Online and mobile app
(shares, exchange traded funds and investment trusts)

Deals previous month

Dealing charge

0 - 9 deals
£11.95
10 -19 deals
£8.95
20 or more deals
£5.95

The online share dealing charge is determined by the number of deals placed in the previous calendar month. The tariff paid in August, for example, will depend on the number of share deals placed in July, and we count deals placed across all the Vantage accounts held under the same client number.


Phone and post dealing

1% (£20 minimum, £50 maximum)

Please note: residual stocks, bonds, gilts, VCTs and PIBS can only be dealt over the phone.


Equity regular savings

£1.50 per stock per month

Available on FTSE 350 shares and selected investment trusts subject to a minimum of £25 per stock per month.


Reinvestment of income

1% (£1 minimum, £10 maximum)

In each account, if you choose automatic reinvestment, any dividends received will be reinvested once they reach £10 per holding.

Government taxes and levies (per deal)

UK Stamp duty

0.5%

Purchase of UK shares (rounded up to the nearest £5 for residual shares)


PTM (Panel on Takeovers & Mergers) Levy

£1

UK share deals over £10,000


Irish Stamp duty

1%

Purchase of Irish shares


French Financial Transactions Tax

0.2%

Purchase of French shares


Italian Financial Transactions Tax

0.12%

Purchase of Italian shares

Overseas share dealing foreign exchange rates

Value of trade

Additional spread

£0 - £24,999
1.50%
£25,000 - £49,999
1.00%
£50,000 - £99,999
0.50%
£100,000+
0.35%

Overseas shares covered by the Hargreaves Lansdown Overseas Share Dealing Service are traded at our standard rates (above) and can be traded online, by phone or post. They will be dealt at the overseas market price and converted into sterling by either Hargreaves Lansdown or a UK-based market maker, at a rate based on the prevailing interbank exchange rate to which a fee will be added by Hargreaves Lansdown or the UK-based market maker, as applicable, through an additional spread of up to 1.5%. The additional spread will depend on the size of the deal, as per the table above. This fee is to cover the costs incurred in facilitating the Overseas Share Dealing Service. Further details are available on request.

Account administration

Account closure fee

£25 + VAT

(Applied automatically when the balance of the account falls below £50 (where no stock is held) - the balance less the closure fee will be returned to the trustee. The fee also applies when transferring the account to another provider, but not when transferring to another Hargreaves Lansdown account.)

Cash withdrawals

No charge


Transfer out to another provider (as cash)

£25


Transfer out to another provider (as stock)

£25 per holding


Stock transfer (between accounts)

£12.50 per stock


Limit orders

No charge


Automated sales to cover charges
(Selling fund units or shares to meet fees)

£1.50 per deal


6 monthly statement and valuation
(paperless)

No charge


6 monthly statement and
valuation (paper)

£10 + VAT per statement &
valuation


Other charges

We make it as easy as possible by collecting fees automatically from the account. If we cannot collect fees from cash held on your account we write to the trustee explaining the options. If they fail to respond we may sell investments to cover the outsanding fees in which case separate fees described in our terms and conditions may apply.

Cash held within the Junior Investment Account

If you are unsure where to invest or just want to sit out of the market, it is possible to hold cash within the Junior Investment Account.

  • No up-front or annual management charge to hold cash
  • A variable rate of interest will be paid

The Junior Investment Account is a type of Fund and Share Account held in trust for a child.

View the rates of interest paid on cash in the Vantage Fund & Share Account