OP, In my opinion, the best way to invest for a junior over the long term would be to invest in an ETF (exchange traded fund). You will have to pick an exchange (FTSE. Dow Jones, NASDAQ, NIKKEI, DAX, CAC, ISEQ, etc, etc.) in fact there are funds for most and hundreds of different sectors you can think of, including gold, commodities etc.
Do some research on the issue and revert back to AAM. Investing in local Managed funds is a complete rip off, and any gains will be eaten by Management Fees, Sales Fees etc. I've been reporting this point out for a number of years and it seems few have picked up on it, apart from the news earlier this week when RTE clearly pointed out the costs of Fees in these type of Investments and Pensions.