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 and assume an annual growth rate of 2%, 5% and 8% and an annual charge of 1.5%. It is also assumed an annual increase in monthly payments of 2.5% per annum compound to keep pace with inflation, subject to allowable limits.
• These figures are only examples and are not guaranteed. The actual value could be more or less than shown, and could be less than has been paid in. What you will get back depends on how much your investment grows and on the tax treatment of the investment. Investments can go down as well as up.
• Inflation would reduce what you could buy in the future.
• There is an annual charge of 1.5% of the value of the funds you accumulate. If your fund is valued at £250 throughout the year, this means that we charge £3.75 that year. If your fund is valued at £500 throughout the year, this means that we charge £7.50 that year.
• These figures assume contributions and investment over 10 years. Top-ups to existing Plans may be invested for a shorter period depending on the age of the child at the time.
• These figures do not take into account any Government payments made into the Child Trust Fund.
• If the Plan has received any contribution in the birthday year, and the Plan value exceeds £300, we will send you a statement showing the payments received, the number of units held and the value of your child’s Plan. We will also issue statements on your child’s 11th and 16th birthdays.
• All payments are locked into the Plan until the child’s 18th birthday and cannot be reclaimed by the donor(s).
• For more information please read the Child Trust Fund Key Information Document and Brochure.

The calculation is based on:

• Potential investment annual growth rate of 5%.
• Potential annual increase in monthly payments of 2.5% per annum compound to keep pace with inflation, subject to allowable limits.
• Annual charge of 1.5%