the best out of a bad brunch

lkmc01

My son was born in September 2005. I opened his child trust fund, a Stakeholder account with family investments in November 2005 and had 2 lots of £250 from the govenment. I have added £470 in myself. The last of my money that went into it was on Aug 2007, so thats £970 in total. I know that all these are doing poorly at the moment because they are based on shares and stuff and its all very bad at the moment but he now has £750.06 it in today so so far its lost about a quarter of its value. I expect it to be down at the moment and I know 18 years is a long tim, but I just need something to compare it against. I have never had anything to compare it against and no way of knowing if its a good or one of the worst trust fund accounts.

Has anyone else put this type of amount in other trut funds and how much have yours lost at the moment?

How do I compare this to other trust funds?

I understand that they are all doing poorly at the moment with the state of things but how do I compare just how bad the family investments non ethical one is doing.

opinions4u

Not necessarily comparing like with like, but a quick look at the FTSE over the last 3 years shows a drop from apprx 5,200 to 4,000 - 23% down.

Your fund in total has dropped from £970 to £750 - 23% down.

It's not unlikely that your CTF is a FTSE tracker. At a quick glance the performance is similar to what would have been expected in current market conditions.

18 years is, as you state, a long time. Fingers crossed it will prove to be more than long enough to turn this in to a more attractive looking return.

If you have real concerns you could probably move it to a fixed deposit fund, but this would be expected (though not guaranteed) to perform less well than the FTSE over a longer period of time.