Sainsbury’s

Your Child Trust Fund voucher

If your baby was born on or before 1st August 2010, and you successfully claimed Child Benefit by 1st November 2010, you should receive a £250 voucher.

If your baby was born after the 1st of August 2010 and up to and including 2nd January 2011, and you successfully claim Child Benefit by 2nd April 2011, you should receive £50. After that, no further CTF vouchers will be issued.

Once you've received your child's voucher, you have 12 months to invest.

If you do not use your child's voucher before the expiry date HM Revenue and Customs will automatically open an account for your child with a provider of their choice.

Invest for your child's future

When you open a Family Investments Child Trust Fund account, your child's money will be invested in shares where it has good potential to grow over the longer term. However, this means its value can fall as well as rise and your child may get back less than has been paid in.

When your child turns 18 years old, they could use the money to help towards further education, to buy a first car or even towards the deposit on a house.

This CTF account is provided by Family Investments. Family Investments does not provide advice. If you have any doubts about the suitability of this product you should seek financial advice.

For more information, you could also visit the Government's website: www.childtrustfund.gov.uk

What happens to your child's money?

This Child Trust Fund account is provided by Family Investments; Family Investments are the UK's favourite Child Trust Fund provider looking after over 1 million CTF accounts and they have over 35 years experience in helping families invest for their future. It is a 'stakeholder account,' which means it meets strict Government criteria, some of which are designed to reduce the risk associated with investing in the stock market.

Initially, most of your child's money will be invested into stocks and shares to benefit from the growth potential of the stock market. On or before your child's 13th birthday Family Investments will start to invest less in stocks and shares and more in fixed interest and/or cash investments. This is a process called 'lifestyling' and continues until your child's 18th birthday to help protect their savings towards the end of the investment period. Meeting the stakeholder criteria does not mean that this type of account is suitable for everyone or returns are guaranteed.

The value of the account can fall as well as rise and your child could recieve back less than was paid in.

How the account operates

• Anyone can contribute to the account. Parents, grandparents or any other family member or friend can pay money (from as little as £10) into the account up to a combined total of £1,200 each year
• As well as adding one off payments you can also set up a direct debit. A little extra each month could make a big difference to your child's future.
• All payments into the account are a gift to your child, which only they will be able to withdraw, and only when he or she is 18 years of age.
• Online statements helps you keep track of how well the account is performing you can also call the Customer Service Team at any time for a valuation.
• Returns are free of income tax and capital gains tax (although tax advantages depend on individual circumstances and may change in the future). Please see the document headed 'All you need to know' for a full explanation of the tax treatment.
• If you open a Family Investments Child Trust Fund, your child's account will be with the only Stakeholder provider where you can manage the account online! Visit their Online Wizard section for more information about the benefits of a Child Trust Fund.

Ways to add to your child's Child Trust Fund account

The initial free Government voucher is certainly a great start and with regular additional amounts invested every month or occasional one-off payments throughout the 18-year account period, you could make a really big difference.

There's a wide range of payment options available, which are detailed below:

By phone
Call 0800 731 5896* to set up a regular direct debit or standing order, or choose to make a single one-off payment.
 
By cheque
Send a cheque with the child's name, date of birth and Child Trust Fund account number written on the back of the cheque to the address below. Cheques should be made payable to Family Equity Plan Limited or the child.
 
Family Investments Child Trust Fund
FREEPOST BR2206
Brighton
BN1 2BR
 
Online by direct debit
Set up a regular direct debit or one-off payment. Please have your child's CTF account number and your bank details to hand.

Once you've opened up your child's Family Investments Child Trust Fund account, you'll be able to register for Online Wizard to simply and securely manage your child's CTF account online. It will put all the information you need at your fingertips, from the accounts current balance to projections of what it might be worth when your child turns 18 - you'll be able to:

• Check the current value of your child's account
• View an up-to-date statement summary
• See what the final value of your child's account may be at age 18
• See how much you can still top up this year
• Set up and manage your direct debit top ups online
• Personalise your secure account management page with a picture of your little one

  
If you've already set up a Family Investments CTF and would like to register for Online Wizard, please visit Online Wizard.

  
Want to find out more about our Child Trust Fund? Why not give us a call or find out how to receive an information pack.
     

      
This CTF account is provided by Family Investments. Family Investments does not provide advice. If you have any doubts about the suitability of this product you should seek financial advice.