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Child trust fund
Jasella1974
Posts: 1 Newbie
When my daughter was born she got £250 in test form the government which we were told how to invest. She has turned 18 and it’s now worth £4!!! How can that be. Why has she lost all the money? Should we have done something with it? Any advice?
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Comments
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What was the underlying investment you selected?
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Who told you how to invest, did you take their advice, what was it invested in?0
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If it was in an investment which produced no meaninful return, and the fees were somehow £1 a month, you lose all your money in 18 years. But as others have said you aren't giving us enough information here to answer your question.
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Read the annual statement as a minimum. Changes could have been made years ago...Jasella1974 said:Should we have done something with it?2
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