How your child's money is invested
The Bounty Child Trust Fund is a stakeholder account and invests partly in shares to take advantage of the potentially higher returns on offer over the period of 18 years compared to the potential returns on offer from an interest bearing cash account. Of course, capital is protected in a deposit account whereas the value of shares can fall as well as rise and the child may get less than has been paid in.
Around your child's 13th birthday, the money will start to be invested less in shares and more in fixed interest and cash investments. This process is called "life-styling” and helps to protect the value of the account from any sudden fall in the stock market over the last few years until the child's 18th birthday.
Family Investments Child Trust Fund accounts are managed by New Star Asset Management – one of the UK's leading Asset Management companies and backed by some of the world's leading institutions and private investors.
This CTF is provided by Family Investments. Neither Family Investments or Skipton Building Society is able to give you financial advice on the suitability of this product. If you have any doubts you should seek independent financial advice.
A Key Features document for this CTF account, which includes the Simplified Prospectus details, will be sent to each applicant. This document, and a Full Prospectus, are also available on request by writing to Family Investments Customer Service Team at their registered office address below.
For more details on this Government scheme, please visit www.childtrustfund.gov.uk.
Bounty Money is a trading name of Bounty (UK) Limited registered in England and Wales under registration number 631367. Registered office: Bounty House, Vinces Road, Diss, Norfolk IP98 6BB, UK. Bounty Money is an Introducer Appointed Representative of Skipton Building Society (SBS). SBS is authorised and regulated by the Financial Services Authority (FSA) under registration number 153706. Principal Office: The Bailey, Skipton, North Yorkshire BD23 1DN.
Bounty Money and Skipton Building Society offer a stakeholder CTF through Family Investments, a trading name of Family Equity Plan Limited (Co. No 2208249). Family Equity Plan is authorised and regulated by the Financial Services Authority (FSA) under register number 122351. Registered Office: 16-17 West Street, Brighton, East Sussex BN1 2RL.
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