Is it worth transferring a good performing Child Trust Fund (CTF) into ISA for final 10 months?

theyoungones4

My daughter has an ethical child trust fund with One Family which has actually done reasonably well (far better than my eldest daughter's CTF ever did). I'm anxious however, given the current financial climate, that she may lose money in coming months and she's going to need every penny for university next year. I nearly switched to a Junior ISA last year but have been keeping an eye on her account and she's made £234 in the past couple of months, losing just £11 in the past week. That's a much bigger gain than the ISA estimates were giving us. I'm just wondering whether I should quit while I'm ahead and transfer. Would the money be any safer if I do? It's not a vast amount but enough to help her out significantly in her first year or so. Thanks.

eskbanker

theyoungones4 said:

I nearly switched to a Junior ISA last year but have been keeping an eye on her account and she's made £234 in the past couple of months, losing just £11 in the past week. That's a much bigger gain than the ISA estimates were giving us.

Nobody knows what future investment performance will be, so what were these 'ISA estimates'?

kempiejon

theyoungones4 said:

My daughter has an ethical child trust fund with One Family which has actually done reasonably well (far better than my eldest daughter's CTF ever did). I'm anxious however, given the current financial climate, that she may lose money in coming months and she's going to need every penny for university next year. I nearly switched to a Junior ISA last year but have been keeping an eye on her account and she's made £234 in the past couple of months, losing just £11 in the past week. That's a much bigger gain than the ISA estimates were giving us. I'm just wondering whether I should quit while I'm ahead and transfer. Would the money be any safer if I do? It's not a vast amount but enough to help her out significantly in her first year or so. Thanks.

One Family ethical CTF probably in equities.
If you're anxious and have a less than 12 month timescale, especially with your assesment of the current financial climate, I think you've answered your own question as to whether to be invested in equites for that period. 
Was the ISA you looked at a cash ISA? Cash will not change in value, might lose buying power.