Child Trust Fund Calculator
This calculator provides you with an
illustration of how much a Child Trust Fund (CTF) account could be
worth when your child reaches age 18.
Important Information
The amount shown by the calculator is only an estimate
of what the savings could be worth on your child’s 18th
birthday.
There is no guarantee that the CTF account will reach
the value shown by the calculator. The final value could be higher
or lower than the value shown by the calculator.
The Forester Life Child Trust Fund is a stakeholder
account, however, this doesn’t guarantee that there can never be a
loss of value or that a stakeholder scheme is the right investment
for your child.
The calculator does not deal with investment risk and
investment advice. It is not a basis on which you should make
investment decisions and your needs will be confirmed before a
recommendation can be made.
The calculation is based on:
Potential investment annual growth rate of 7%.
Potential annual increase in monthly payments of 2.5%
per annum compound to keep pace with inflation, subject to
allowable limits.
Annual fund charge of 1.5% which covers the cost of
administering the account, managing the investment in the fund and
paying the salary of your financial adviser.
The Government payment at age 7* is not included in the
calculation. This payment will be paid directly into the
child’s CTF account.
*The Government will make a further payment of £250 or £500 (to
children from
lower income families) into the CTF account on the child’s 7th
birthday. To qualify the child must be in receipt of Child Benefit,
have a CTF account and be living in the UK on their 7th
birthday.
These payments will not count towards the annual £1200
limit.