A CHRISTMAS PRESENT

This blog gives you the latest topical news plus some informal comments on them from ShareSoc’s directors and other contributors. These are the personal comments of the authors and not necessarily the considered views of ShareSoc. The writers may hold shares in the companies mentioned. You can add your own comments on the blog posts, but note that ShareSoc reserves the right to remove or edit comments where they are inappropriate or defamatory.

If a parent, grandparent or guardian had invested a one-off £1,000 in the average investment company for a child 18 years ago, it would now be worth an impressive £7,740 (a 674% return), or annualised return of 12.0%.

This performance data, for the average investment company, is the % share price total return for the weighted average investment company (excluding VCTs). Ten-year performance is from 27/11/2011 to 26/11/2021. Eighteen-year performance is from 27/11/2003 to 26/11/2021. Source: AIC/Morningstar.

These are the key points of the AIC Press Release today:

A CHRISTMAS PRESENT FOR THEIR FUTURE:

SAVING FOR CHILDREN WITH INVESTMENT COMPANIES

– Average investment company turns £1,000 into £7,740 over 18 years

– Smaller companies top the performance charts

The full Press Release can be read here.

A CHRISTMAS PRESENT FOR THEIR FUTURE – FINAL

Getting kids, grandkids, nieces and nephews interested early in financial investments, helping their financial education is the best “Season’s Greetings” present you can give.

Child ISA and LISAs give extra benefits too.

Cliff Weight, Director, ShareSoc

 

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.