Why Personal Investor Kids?

With over four decades of investing experience, we’re here to give your child the financial head start they deserve.

We keep our costs low

No account fees and low management fees and costs mean you can invest more in your child’s future.

Invest from as little as $25

Start investing regularly today from as little as $25 per fortnight, month or quarter, and help grow your child’s wealth for the long term.

Regular investing made easy

Invest in your child’s portfolio fortnightly, monthly or quarterly. Add to your plan with optional one-off investments.

45+ years of global investment experience

We manage over $10 trillion of assets with 50 million investors worldwide.

Keep it simple with one portfolio

With Personal Investor Kids, each ready-made portfolio is a complete, diversified investment strategy wrapped in one.

Conservative

Just like koalas are slow and steady. Our Conservative portfolio aims for slow and steady income returns with some growth.

Balanced

Wombats are steady on their legs. So is our Balanced portfolio, which aims to deliver a balance of income and growth.

Growth

Emus can easily cover a metre in one step. Our Growth portfolio aims to deliver strong long-term growth potential with some income.

High Growth

Like a kangaroo, our High Growth portfolio has been built to take higher risks to achieve stronger growth over the long term.

Find out more

^{*Most popular diversified ready-made portfolio for the Vanguard Personal Investor Kids Account as at 14 June 2023}

Starting early and investing regularly pays off

How to open a Personal Investor Kids Account

As the parent or guardian, you have full control and responsibility for the Kids Account.

Open a Personal Investor Account

To open a Personal Investor Kids Account, you need to have your own Vanguard Personal Investor Account (which includes Individual, Joint, Trust, Self-managed super fund (SMSF) and Company accounts) so you can have full responsibility for the Kids Account.

Login to open a Kids Account

Once you’ve logged into Vanguard Online, follow the prompts to open a Kids Account - this should only take five minutes.

Choose one investment portfolio

Pick from one of four ready-made diversified portfolios for your child. Each portfolio is a complete, diversified investment strategy wrapped into one.

Set up a regular investing plan via Auto Invest

Choose to invest in your child’s portfolio from as little as $25 per fortnight, month or quarter. You can always change the amount and frequency later on.

Add an additional child (optional)

Easily open another Personal Investor Kids Account if you have more than one child; simply follow the prompts after opening the first account.

Open an account

Keep an eye out for Kelly!

Kelly loves sharing fun facts about investing, especially with kids. You’ll see Kelly hanging around your screen when you’re opening a Vanguard Personal Investor Kids Account. Don’t forget to click on her along the journey, and why not get the kids involved too?

By the way, did you know children’s money habits form as early as seven years old?

Frequently asked questions

Can a child open an account on their own?

No. The Vanguard Personal Investor Kids Account can only be opened by an adult (parent or guardian) for the benefit of a child (under 18).

To open a Personal Investor Kids Account, you will need to have your own Personal Investor Account first so that you can have access and full responsibility of the minor account.

Once you have opened a Personal Investor Kids Account, you will be able to access the Personal Investor Kids Account by logging into your own Vanguard Online login.

The new Personal Investor Kids Account will be opened with your existing individual details and credentials, in addition to the details of your child. That is, it will be opened in your individual name with a designation referring to the child (e.g. John Smith A/C Jake Smith).

Please note:

To open a Personal Investor Kids Account, you will need to have an existing Vanguard Personal Investor Account and have access to Vanguard Online.
The Personal Investor Kids Account is a separate account to your existing Vanguard Personal Investor Account. If you have an existing account and decide to open a Personal Investor Kids Account, the account will be opened in your name based on your individual details and credentials (not in the name of any other individuals on your existing Joint, Trust, SMSF or Company account).

If you do not have an existing Personal Investor Account, opening one usually takes less than 10 minutes. Open an account now.

What account type is a Personal Investor Kids Account?

A Personal Investor Kids Account is an investment account opened and operated by an individual adult for a child (under 18). The account is operated by and in the name of the individual adult with a designation referring to the child (e.g. John Smith A/C Jake Smith).

This is a common way to describe this type of account type. Within the market these types of products may also be referred to as the adult acting “as trustee for” the child “as beneficiary” (although these terms do not necessarily mean there is a legal or formal trust relationship in place).

What’s involved in setting up Auto Invest for a Personal Investor Kids Account?

As part of opening a Personal Investor Kids Account, you will need to set up Auto Invest to make regular investment contributions from a linked bank account. When you open the account you will be prompted to choose to Auto Invest a minimum amount of $25 either fortnightly, monthly, or quarterly.

If your circumstances change, you can modify, pause or resume your Auto Invest plan, or sell your investments at any time. Please see our Vanguard Personal Investor Kids Account for more information.

Are there any tax implications?

As each investor’s circumstances are different and the Australian tax rules applying to children under age 18 is not straight forward, we recommend you seek professional taxation and/or legal advice before opening a Personal Investor Kids Account. Vanguard is not a registered tax agent and cannot provide any taxation advice.

When you open a Personal Investor Kids Account, your individual Tax File Number (TFN) will be applied to the minor account if you have supplied this to us previously. If you haven’t provided us with your individual tax details and would like for this to be applied to your Personal Investor Kids Account, please complete and submit the Tax File Notification form available on our website. Please note: while you are not required to provide your TFN, you may need to lodge an annual tax return for your child. There are special tax rules which can apply to investment income earned by children. General information from the Australian Taxation Office (ATO) on children’s investments can be accessed at: Children's share investments | Australian Taxation Office (ato.gov.au).

Is there a separate annual tax statement for a Personal Investor Kids Account?

Yes. Vanguard will issue a separate annual tax statement for the child’s account to assist with annual tax return preparations. Some of the tax information contained in the annual tax statement is also reported to the Australian Taxation Office.

View all Kids Account FAQs