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Childrens Trust Fund

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    Childrens Trust Fund

    Can anyone recommend a good one please?
    What happens in General, stays in General.
    You know what they say about assumptions!

    #2
    We use this http://www.fandc.com/PrivateInvestor...le=UK&pageId=3 for our childs investment.

    Comment


      #3
      They are all pretty much the same. Most use the FTSE 100 I think and just follow the index.

      Unless you want a ethical or sharia one just go to your bank and sign up. Children's Mutual has a variety of them if you are curious.

      We're with engage.
      McCoy: "Medical men are trained in logic."
      Spock: "Trained? Judging from you, I would have guessed it was trial and error."

      Comment


        #4
        I ran one for each of my kids and they performed crap, even after the tax relief angle.

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          #5
          Just bung it in one of the cash (not shares) versions - Nationwide pay ~6%. At the amounts you're talking about, it's not worth the hassle. Interestingly, did you know that about a third of the vouchers (250 quid each) have not been cashed - http://news.bbc.co.uk/1/hi/business/4620154.stm ?

          Seems like a lot people have more money than sense.

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            #6
            But if you don't invest it, the revenue pick a share linked one for you and invest it anyway. Revenue in proactive investing shocka!!

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              #7
              Children's
              We must strike at the lies that have spread like disease through our minds

              Comment


                #8
                Also when the child turns 7 the goverment will top up you balance with an undisclosed amount, im hoping 200% of balance.

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                  #9
                  Squaregain/selftrade do a self-select shares CTF, so you get to manage the thing yourself. Bung in the max £1200 extra a year and you should build up a sizable fund in 18 years' time.

                  Comment


                    #10
                    Originally posted by meridian
                    Squaregain/selftrade do a self-select shares CTF, so you get to manage the thing yourself. Bung in the max £1200 extra a year and you should build up a sizable fund in 18 years' time.
                    Enough to pay off his/hers credit card debts, fines, and pay for rehab and counselling.

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