Key features of the Forester Life Child Trust
Fund
(Stakeholder Account)
Its aims
To invest Government Child Trust Fund contributions
for your child.
To invest subscriptions from yourself and other family
members, friends and anyone else who wishes to supplement the
Government contributions.
To provide your child with a lump sum benefit at age
18.
To achieve tax efficient long-term savings growth in a
risk-controlled stakeholder account. We will aim to reduce the
investment risk of the Plan in its later years by following a
'lifestyle' investment strategy.
Your commitment
All subscriptions to the Plan are 'locked
in' and, except in the event of your child’s earlier death or
terminal illness, can only be accessed by the child at age 18.
To act on behalf of your child until your child takes
over responsibility for the Plan at age 16.
To provide your child with the best start in adult
life you should aim to supplement the Government contributions with
monthly and/or single subscriptions.
Regular subscriptions will increase each year in line
with inflation.
Risk Factors
The value of the Plan may fluctuate as the value of
the investments in the Forester Life Stakeholder Managed Fund 1 can
go down as well as up. Your child may get back less than has been
invested.
The favourable tax treatment of Child Trust Fund
Accounts may change in the future.
Whilst this Plan meets the standards for a stakeholder Child Trust
Fund Account this does not necessarily mean that the investment is
suitable for you or that there is any guarantee of
performance.