Stocks and shares JISA

[MuddledUpAgain]

Hi. I've just opened a JISA with Hargreaves Lansdown for my DC. Thought I was relatively confident with choosing where to invest the money but now I actually have the responsibility of it, I'm feeling very out of my depth! Has anyone got any pointers/advice or words of reassurance please? I really want to be able to start him off on the right foot. Many thanks

s&p 500
low risk and decent return

Hi, HL have a ‘wealth shortlist’ where you can research a variety of funds suitable for your needs. Alternatively you could invest in a low cost multi-asset fund such as vanguard life strategy (risk dependant) which can offer better diversification than a single fund.

I would recommend a global fund rather than S&P 500. Why restrict yourself to the performance of just 500 companies in one country? We use Fidelity for our children's JISA and invest in the Fidelity Index World Fund. You could look for similar products from HL?

I'd go for a tracker and watch out for fees.

Hargreaves Lansdown is a VERY expensive platform. I'd recommend Interactive Investors. It's hard to make an exact comparison because it depends on how much you hold where, but last I checked the difference was meaningful