Helpful article

Investing for children

Help give your child a head start in life by planning for their future.

Let’s talk about risk

The value of your investments and any income from them can go down as well as up and you may not get back the original amount invested. Tax allowances and the benefits of tax-efficient accounts are subject to change and tax treatment depends upon your individual circumstances.

Investing for children? Here is everything you need to know

 

The hustle and bustle of daily life can make it difficult to find time to plan for the child in your life’s financial future. Many save for children through cash savings accounts, but with interest rates on cash savings at, or around, historic lows, it’s worth thinking about the investment options available to you with the potential for higher returns.

Our range of children’s investment products are specially designed to help you give children a head start in life in a simple, affordable way. To help you get started, we’ve answered some key questions about investing for children below.

What should I consider before I invest for a child?

We recommend asking yourself the following three questions before you invest to help you select the option which is the best fit for your circumstances.

1) What do I want from the investment?

Think about your aims – are you looking to give the child a helping hand when they turn 18 with university costs, buying a car or a home? Or would you like to invest long-term for the child to access a savings pot later in life?

Do you want to give the money to the child now, safe in the knowledge that it’ll be looked after for them until they are 18? Or would you like to keep control of the investment and have more input into what it’s spent on, and when?

2) How much do I want to invest each year?

Would you prefer to invest small, consistent amounts (for example on a monthly basis), or invest one or more larger one-off sums?

3) How do you feel about taking some risk with your investment?

You need to ensure you are comfortable with the risk involved in investing in our trusts. They are subject to differing risks and you may not get back your original investment.

Deciding what your investment goals are, what you can afford to save and your appetite towards risk before you open an account will help you get the most out of your chosen investment option.

 
Will it be time-consuming?

We understand that time is precious, that’s why we have investment products designed especially with you in mind. We make it easy to find the right product for you. You can set them up in a way that suits you – whether that’s by phone, online or by post.

Do I need to know a lot about the stock market?

You don’t need to be an expert on stocks and shares investments to open one of our specifically designed children accounts. All 10 of our Investment Trusts are looked after by professional Fund Managers who manage the assets in the trusts. We take care of investing in a wide range of assets and companies to diversify your investment and monitor the market daily.

What options are available to me?

We offer a Junior Individual Savings Account, Junior Investment Account and Child Trust Fund – take a look at the handy comparison table below to learn more about each product.

Ready to take the next step and begin making a difference to a child’s future with an investment? Call us on 0800 136 420 or email info@bmogam.com to open your account with us.

 

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Let’s talk about risk

The value of your investments and any income from them can go down as well as up and you may not get back the original amount invested. Tax allowances and the benefits of tax-efficient accounts are subject to change and tax treatment depends upon your individual circumstances.

Glossary

Confused? Our handy glossary can help explain investing terms.

Invest with us

Whether you’re looking to invest for your next big adventure, a deposit for a house or you simply want to put money aside for a rainy day, our plans can offer you the chance to invest for your future in a tax-efficient way that gives access to the long-term potential of stock market investing.

This section of the website is directed at persons who are located in the UK. Please read our full terms and conditions and the relevant Key Information Documents (“KID”) before proceeding with any investment product referred to on this website. Nothing on this website is, or is intended to be, advice to buy or sell any investments. If you are at all unsure whether an investment product will meet your individual needs, please seek advice.