Child Trust Fund versus Junior ISA

Child Trust Fund versus Junior ISA

Author
Discussion

Steve vRS

Original Poster:

4,848 posts

242 months

Wednesday 29th June 2016
quotequote all
Over the past 13 years, as part of saving up for my son, I have paid almost £3400 into an Investment Child Trust Fund. I have just had a valuation of this fund as being worth £4173. I have no idea if this is a good growth or whether I can improve on this with a Junior ISA.

I know that there are many variable in this and a definitive answer is impossible but do the PH experts recommend sticking with the Investment Trust Fund or are Junior ISAs seen as a better bet at the moment?

Thanks in advance!

Steve vRS

Original Poster:

4,848 posts

242 months

Wednesday 29th June 2016
quotequote all
Yes, it is a stocks and shares CRF. It's fees are 1% which seem a bit high...