One off investment for my child

michrob

I want to invest £1000 pounds for my child in an account which will give him the best return by the age of 18.

Deemy

Bung it into an investment trust for long-term gains. i.e. 5 years +

So many to choose from and a few links out there

I'd go for emerging markets such as India, Eastern Europe, Russia as a good long-term bets. Or to play safer go for a global growth trust.

At the end you would expect to get a pretty good profit which would be well within your CGT allowance, as taper relief would also apply to any gain.

dunstonh

Are you placing it in trust or doing it as a record of a gift for IHT purposes? If so, the tax wrapper you use to invest in may need different to what you expect.

Are you a higher rate taxpayer, do you want control of the money?