Barclays Child Trust Fund

Terms and rates that ll get you on the steady path to savings.

Barclays child trust fund. Child performer trust accounts. The exit from the agency mbs portfolio in q1 has improved the liquidity situation and refocused the company on its core competency of single and multi family credit says mark devries upgrading new. New york state law requires 15 of a child perfomer s earnings to be placed in trust in accordance with part 7 of article 7 of the estates powers and trusts law. Neither barclays nor onefamily gives advice on the suitability of the barclays child trust fund account.

If you have any doubts you should seek professional financial advice. The purpose of this factsheet is to give you information to help you understand how the investment works and the associated risks. The child trust fund was a long term savings and investment account introduced by the government encouraging saving for a child s future. Child trust fund performance since 2014 what the graph shows the graph shows our three funds which are open for transfers and what the investment could have been worth on 31st december 2019 if 1 000 had been invested on 31st december 2014.

When you invest in the barclays child trust fund ctf your money buys units in a type of security called prosper. New accounts cannot be created but existing accounts can receive new money. So you can rest assured that your child s money is in experienced hands. An award winning account with great rates no minimum balances and no monthly maintenance fees.

We re the uk s largest ctf provider and have been looking after child savings accounts for over 17 years. To maintain a quality service phone calls may be recorded and monitored. However if your child was born between 1 september 2002 and 2 january 2011 you ll have been offered 500 by the government when your child was born to save in a child trust fund ctf. The child performer s parents or guardian must establish the child performer trust account to comply with this requirement.

If there are any terms you do not understand please see our useful definitions document which is. Child trust funds ctfs ctfs were designed to provide a tax efficient way to give your child a financial boost when they turn 18. Barclays online banking savings made easy and rewarding get the details. As long as you re the parent or guardian of the child you can open and manage a jisa.

Ctf new accounts were stopped in 2011 and replaced by junior isas.