child trust fund advice please

[pollyannasgladgame]

Hi any advice on which stakeholder CTF to choose?

Where can I find a record of past performance?

Am clueless on this and have tried to find the right online resource but unsuccessfully, all help appreciated.

Thanks.

Unfortunately, you can't judge future performance on past performance because the stock market is cyclical and goes up and down. However, over a typical 18 year period, you're more likely to finish 'up' than 'down'. I set up a CTF pre the voucher scheme in 2000 with Family Investments, who I have used for over 20 years for other products, and it has performed well. Certainly better than the average savings account. But if I'd started the same investment in 2006 or 2007, I might be disappointed with the performance because of the 2008 crash.

Look for companies that have been around a while, are easy to deal with and offer you low admin costs. Good luck