Family Investments Ethical Child Trust Fund Reviews Extras

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Family Investments Ethical Child Trust Fund Reviews Page 2

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Website: www.familyinvestments.co.uk/ethical
Good Points: Simple to understand Easy to use Easy to open Good ethical use of investments Good returns so far
Bad Points: Lack of "live" tracking No return data on existing funds as examples
First reviewed on 23 Jan, 2008 by Justin & Claire
After lengthy deliberation and research in this minefield of choices, we finally decided to opt for the Family Investments company and their Ethical Child Trust Fund option. The fund has shown good returns on the last 2 years trading, added to this the standard securities put in place by HM Government should ensure a decent return for our wee one. The web made it easy to open an account, and add a direct debit. I can add that if you can you MUST add to the fund by as much as you can afford, in 18 years they will need it, just look at how fast house prices and university fees are rising.
Justin & Claire's Golden EggNest Rating (3 out of 5):

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Website: www.familyinvestments.co.uk/ethical
Good Points: Very fast service
Bad Points: Too much paper from their markeing
First reviewed on 31 Oct, 2007 by Linda
When I received my CTF voucher I didn't know what account to open so kept it for a few months.I seemed to get junk mail from these guys every day. They offered £20 Spirit of Nature gift vouchers when setting up a monthly standing order of a minumum amount (approx £20)and many application forms were to hand so it was very easy to open the account. The account was opened very quickly and the vouchers also received with a problem. I seemed to get an awful lot of letters with incentives to increase the monthly standing order and tear off slips to give to family if they would like to pay in money directly. The account has been opened for one year now and the marketing side has died down. It is way too early to comment on how the actual fund is doing, but they seem to have a huge marketing budget.
Linda 's Golden EggNest Rating (3 out of 5):

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Commented on 15 Nov, 2007 by Laura
We have two Child Trust Funds, one each for our middle and youngest children. They were very easy to set up. We reasearched it quite thoroughly before commiting to invest with them. We top them up each month via a direct debit. They earn a good rate of interest (return). It is a great way to reinvest child benefit or even child tax credits. We are regularly updated via information in the post, which encourages you to continue investing. Some months it is hard but the money could so easily be spent on clothes or toys. We really feel we are saving for our children's future. Just wish we could also set one up for our eldest child.
Laura's Golden EggNest Rating (5 out of 5):

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