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Child Trust Funds - unexpected low return
Comments
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We've paid into our son's CTF since 2005 - he's 14 now.
We've had years when we've not paid in but generally paid around £150 a month and now £250.
The CTF is now worth £27,000.
So - if you don't pay much in or have been on cash or friendly society CTF's then yes - the return is low.0 -
Just a shame the OP hasn't come back to give any more info and clarify what they actually paid inRemember the saying: if it looks too good to be true it almost certainly is.0
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I just checked my CTF. Assuming I got my XIRR formula correct it has enjoyed annualised growth equivalent to just over 20%pa for the 7 years it has been running, including all charges.
I wish my investments did that well.0
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