Child Trust fund - turning investment into maturity

Invest your child's £250 government voucher in a Tesco Child Trust Fund. It'll stand them in good stead for the big, wide world!

The Child Trust Fund is designed to make it easier for you and child to save for important future milestones such as going to college or university, buying their first car, or for their first home deposit.

 

 

Collect 500 Clubcard points
  • Apply now for a Tesco Child trust fund

What's in it for you and your child?

  • It's an easy, tax efficient way to save for your child's future.
  • Save from just £10 a month and make a real difference to your child's fund - see the examples below
  • Family and friends can also make payments into your child's fund (Up to a maximum of £1,200 a year)
  • Your child will receive a second £250 government payment aged seven.
  • Don't miss out! Check the expiry date on your child's voucher; it may be soon. When the voucher expires the government will invest it on your child's behalf

The Tesco Child Trust Fund - building for their future...

  • All eligible children born after the 1st September 2002 can benefit from a £250 government voucher for a Child Trust Fund. Tesco has teamed up with Morley Fund Management to bring you the Tesco Child Trust Fund.
  • Growth in the Child Trust Fund account is free from income and capital gains tax, making it one of the most efficient ways to save for your child's future. The Tesco Child Trust Fund is a Stakeholder Account that invests in companies' shares but the account has to follow government rules to help reduce risk.
  • When your child turns 18 they'll be able to access their account.

How will I know how much I've saved?

We'll send you an annual statement to help you keep track of how well the account is performing; you can also call the Customer Service Team on 0845 900 5960 at any time for a valuation.

You can find out more by visiting the Government's Child Trust Fund website at www.childtrustfund.gov.uk

It's quick and easy to open an account, so why not apply today?

Help grow your child's fund even more

Topping up your child's Trust Fund is an excellent way to help build up a really valuable sum for when they reach 18.

Up to £1,200 can be added in your child's birthday year, but just investing £10 a month can make a real difference.

The table below shows you how your child's fund could grow over 18 years:

Value of your child's voucher from the government If you pay in (per month) The final amount could be
£250 £0 £500
£250 £10 £3,800
£250 £25 £8,700
£250 £50 £16,900

Important info about your Child Trust Fund

Please note that this table is an indication of the final value. This is an equity-linked investment. There's no guarantee that the account will reach the value shown and the final value may be higher or lower.

Figures are based on the £250 being invested as soon as funds are received from the government, and that it does not include any extra government payments. These include additional payment on your child's 7th birthday. The figures are based on the management fee of 1.5% and a growth rate of 6% a year after charges are deducted.

You should also bear in mind that inflation will reduce the buying power of the money in the fund when it matures.

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