Child Trust Fund

[hamishg]

I have recently been sent a voucher from The Child Trust Fund for the princely sum of £250 on the recent arrival of my daughter. I was planning on putting it in a non stakeholder share account rather than a savings account but would like to be able to regularly top it up to the tune of say, £100 per month. Does anyone have any suggestions or recommendations as to which provider to choose?

Many thanks

[2 5HAN]

We looked around at the time of choosing but to be honest they all seem very similar as i think the government have capped charges etc on them

Ended up using Lloyds TSB which uses Children’s Mutual, you can choose between two investment styles cant remember what they were now.

I think one was stocks and shares based and one was cash investment with the associated risks of each, although from memory they tailor the investments towards the end of the plan so that they move away from high to medium / low risk.

[hamishg]

Thanks 2 5han. I have had a phone around and as you said, they are all offering pretty much the same. I have an account with Killik & Co so they are sorting something out for me,
thanks again,

Hamish

[marsred]

If you want to be able to choose exactly which shares/funds the money goes into i've found the Selftrade offering to be about the best/only option, particularly good flexibility for if you adopt a 'st or bust' strategy as I tend to with share investments!