One family CTF and Soverign V fund

flopsy1973

My daughter has a matured CTF with one family and also a plan with them we have been contributing also which has now stopped as she has reached maturity. We know the charges on these are high. One invests in the soverign V series 4 fund. Anybody know more about these and options as limited info on website. What would a good equivalent passive investment option be for these funds thanks

xylophone

She might choose to ask eg Hargreaves Lansdown/ AJ Bell etc to accept the transfer of the CTF into a Stocks and Shares ISA  - she would have a wide choice of passive investments eg

https://monevator.com/low-cost-index-trackers/

https://www.hl.co.uk/investment-services/insights/child-trust-fund-is-your-child-owed-hundreds#:~:text=If you'd like to,filling out our application form.



https://www.ajbell.co.uk/transfer-matured-child-trust-fund-isa#:~:text=How to transfer your Child,form during the application process.

also a plan with them we have been contributing also which has now stopped as she has reached maturity.

One of those "Junior  Bond" type of things which had a maximum contribution of £25 a month?

https://www.onefamily.com/junior-bond/

You are content for your daughter to have this money now?

If so, it could be withdrawn and held in her own bank account so that she can use it to subscribe to an ISA as required?