CHILDREN
S
aving for children is a longterm investment project.
While they will consume
your time, energy, thoughts
and most – if not all – of your
disposable income at least until they
have completed their education,
most parents would like to provide
them with a nest egg.
It’s hard enough saving for one’s
own future – we are never as
assiduous as we would like, so a
long-term set-and-forget strategy
would seem to be an ideal solution.
Luckily, investment trusts offer
investors something that ticks just
about all the boxes.
UNIVERSAL ACCESS
Now, if you believe that
investment trusts are only for
the filthy rich, you need to
think again. Investment trusts
are straightforward long-term
investment vehicles that allow
flexible saving to suit all budgets.
You can invest from as little as £25
per month in some savings schemes
and nowadays you don’t have to
have a stockbroker to access one, as
they are available via Junior ISAs
and electronic trading platforms.
Data from the Association of
Investment Companies (AIC
– the trade body for investment
com [