Child Trust Fund
Every child born in the UK between 1 September 2002 and 3 January 2011 was issued with a Child Trust Fund (CTF) voucher to encourage long term saving.
Healthy Investment is proud look after the CTF savings of over 90,000 children.
We offer two kinds of CTFs to help save for a child's future, a Stakeholder CTF and an Ethical CTF. We can also help to arrange a transfer of a CTF from another provider into either of our CTFs.
When a child reaches 18 their Healthy Investment CTF will automatically transfer into a Healthy Investment ISA. There's no need for them to do anything it will transfer automatically.
Our stakeholder Child Trust Fund meets all the government’s criteria for this kind of fund. It invests in a wide range of stocks and shares to minimise the risk of one share or industry under-performing.
Because it’s a stakeholder Child Trust Fund it doesn’t necessarily mean that the investment is suitable for your child or that performance is guaranteed, but it does mean the charges are capped and that there are a variety of different ways you can make additional contributions.
Once a Child Trust has been set up, anyone - parents, grandparents or family friends - can make one off or regular investments.
With this fund, we make sure that the children's savings are not invested in the alcohol, arms and tobacco industries and gambling and pornography providers. You wouldn't buy them for a child so why invest their money in companies that produce them.
It’s not a stakeholder fund but invests in a mix of stocks and shares, government and corporate bonds and bank deposits. Again, investment performance isn’t guaranteed.
If ensuring that your child's savings are being invested ethically then this could be the Child Trust Fund for you.
CTFs at age 18
If your client or their child has a Healthy Investment Child Trust Fund it will automatically transfer to a Healthy Investment ISA on the 18th birthday of the child.
Rest assured that we will be in touch at that time to explain the various options available.
If your client currently pays into an existing CTF and they want to continue to invest after it becomes an adult ISA we will let them know how they can do this.