What child trust fund

[curtisl]

I am going to start up a trust fund for my little girl and I also need to put the £250 cheque from the government by the end of the month and I was wondering if there's any good advice on what the best one would be. Thanks in advance.

[Timmy35]

First question are you intending to keep it as a cash ctf, or invest in stocks and shares for her?

[curtisl]

Well that's the thing. I understand the risks with stocks by realistically it's a long term investment so Shirley the gains should be good so I am swaying that way but I uneducated when it comes to the options. Hense my post.

[Beardy10]

Watch out for fees....some of them are horrendous. If you do a search on here someone did recommend a good low cost provider before.

[plover]

I can recommend F&C ; been investing for my nieces for 12 years with them. I don't use the CTF as was investing before that existed. Your obviously limited to the F&C trusts but Investment trust charges are lower than unit trusts, and F&C have been around since 1868.

Quick calculation I'd have to have got well over 7% interest every year(compounded) to get the same value as I have investing with them(despite recent set backs in the stock market)

[Timmy35]

Okay my recommendation is the CTF provided by Selftrade. The fees are very low, as are the dealing costs, and you can invest in what ever you like.

[curtisl]

Thanks people. I'm for a little read about these two. I appreciate your input.