Childrens Trust Fund

[bobsmithldn]

Manage it yourself and through in a few quid every month to take advantage of the £1200 tax free child's allowance and should grow to a sizeable amount

[bobsmithldn]

Can anyone recommend a good one please?

Try Commerzbank's ex-Comdirect outfit called www.squaregain.co.uk now called http://www.selftrade.co.uk/

[Asterix]

Investments

Most of the small-scale funds use trackers to track the FTSE100 or whatever. It doesn't take a genius of a fund manager and it costs next to nothing to maintain. It's amazing what some funds charge for such a simple solution. The ones that know or fancy themselves go for self-select or non-UK based funds (oil companies a good bet atm even with BP's issues)

[Lucifer Box]

Anyone who says they are all the same or just to bung it in a cash fund is talking bollox.

I recommend the self-select CTF (not the CAT standard one) from SelfTrade. Flat £12.50 dealing fee and no annual charges.

[triboix]

F&C are good, I think

Hi,

I had a look at different CTF providers, and apparently F&C are quite good. Indeed, a good deal of these providers use UK trackers, but not all. On top of that, the charges are quite hefty (usually 1% or even 1.5%). F&C charges 0.7%; it is still more than the 0.5% I pay at L&G, but it is acceptable. I am still waiting for my voucher (well, my child's voucher!), but as soon as I have it, I will go for F&C.

Cheers,

Fabrice

[DimPrawn]

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.

[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.

[Diestl]

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

[Fleetwood]

Children's

[JonnoWeb]

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!!

[bobhope]

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.

[wendigo100]

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

[lilelvis2000]

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.

[Diestl]

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

[MarillionFan]

Can anyone recommend a good one please?