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A Childrens Unit Trust is widely regarded as a medium to long term investment as your money is invested in shares. Just like Junior ISAs & Child Trust Funds, the investment cannot be touched until the child reaches 18 years of age and the aim of the trust is to achieve long term capital growth.
The funds are placed into trust for the child and you as a ‘Trustee’ remain in control of the investment.
You can open a Child’s unit trust with either a lump sum or a regular monthly contribution and family & friends can pay in a lump sum at any time making them ideal at Birthdays and Christmas.
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