Technology0 min ago
childrens trust funds
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can anyone recommend the best trust fund for children? i need to open one for my newborn daughter so any advice on these funds would be a big help.
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History suggests that you would probably be better off investing in equities rather than cash or bonds, seeing as it's all tied in for 18 years.
This page has a few listed - the F&C one looks quite good as the management charges are lower than usual.
Ultimately it depends on how much risk you want to take. If you want to be ultra safe then stick it in a cash fund at any high street bank, if you want to take more risk in search of higher returns, try one from the link above. Remember that risk & reward generally go together.
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