Child Trust Fund (stakeholder) given the current turmoil, have you/are you moving yours?

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Given the current economic climate am thinking about moving dcs' accounts.

Has anyone done so and if so where?

Ours has another 15 years to recover - I think you have to ride these things out long term.

i did consider this the other day but decided I couldn't give a cack as we haven't contributed any more than the original government money which the dcs will just spend down the pub

We do have other juniour bond products for both kids but as JacobsPOD says, they have years to recover as are not due until their 21st birthdays

You don't make a loss until you sell.

Dd2's is in (non-stakeholder) F&C emerging markets fund. It was one of the best performing funds over the past few years, but will undoubtedly have taken the mother of all hammerings atm. But she's only 4, it's got another 17 years to recover.

Taking it out of shares now is pretty much the worst thing you can do, imo.

Same here. Ours have 15 and 17 years to run. No point moving it anywhere. When I was deciding whether to do the share based ctf or the 'savings' one, I went with share based as over any 18 year period the stock market will out perform savings.

So keep them where they are is the general consensus?

Some people buy shares and shares based products when the market is low. You get more shares for your money and enjoy the increases when the market recovers. I haven't the nerve for that myself but I am not moving anything though I watch with alarm.

I'm leaving ours where they are

Message withdrawn

I have carried on paying £20 per month into ds's and dd's stakeholder child trust funds, invested with F&C. It's a tracker FTSE 100 fund.

If you pay regularly over a long term, the best time to be buying is now when the market is low and you can get shares cheaply. We won't need to touch that money till ds is 18 in 13 years' time. Who knows what the stockmarket will look like then, but it should outperfrom cash over the long term.

I'm still paying into ours and leaving it where it is, i did think about moving it, but they've got another 14 and 16 years yet, so am hoping things have improved by then.