Child Trust Fund - Terms and Conditions

In the table below are links to the latest versions of our Child Trust Fund Terms and Conditions, including those that will apply after the 'child' reaches 18 and the account converts into a Matured Child Trust Fund.

If you're not sure which Terms & Conditions relate to your account you can refer to your annual statement to find the name of the fund your CTF is invested in. Alternatively, this information can be found when you login or register for our Online Account Management service. The fund names are shown in the table below.

If you have a Cash CTF acount, rather than your money being invested in a fund, you will receive interest on your savings. If this is the case, please refer to the Cash CTF Terms & Conditions.

For post-18 T&Cs we have mainly focussed on the elements that are new, or will change, when the account converts into a Matured CTF. For any elements that aren't covered within the Matured CTF T&Cs, you should refer to the pre-18 T&Cs for your fund.

For a summary of some of the key elements that will change when the account converts into a Matured CTF at age 18, see the infromation provided below the table.

CHILD TRUST FUND MATURED CHILD TRUST FUND
PRODUCT NAME FUND NAME T&CS (PRE-18) T&CS (POST-18)
Global Investments CTF Family Investments Child Trust Fund Download T&Cs Download Changes at 18
Ethical CTF Family Charities Ethical Trust Download T&Cs Download Changes at 18
Barclays Prosper CTF Barclays PROSPER Download T&Cs Download Changes at 18
UK Equity CTF (ex-Legal and General) Legal and General (N) Tracker Trust Download T&Cs Download Changes at 18
UK Investments CTF (ex-Engage Mutual) OneFamily Stockmarket 100 Trust Download T&Cs Download Changes at 18
Santander CTF Santander Balanced International Tracker Fund Download T&Cs Download Changes at 18
Cash CTF (ex-Santander) Not applicable as not invested in the fund - pays a rate of interest Download T&Cs Download Changes at 18

Changes at 18

We want to let you know how your Child Trust Fund (CTF) will work both before and after your 18th birthday. Whilst most things will stay the same as before your birthday, there will also be some things that have to change.

When you reach age 18 your CTF will become a Matured CTF. Below are summarised explanations of the main differences we’d like you to understand, broken out by each fund:

Cash CTF (Summarised)

UK Equity CTF (Summarised)

Register for our Online Account Management service on our website, so you can view the current value of your CTF and let us know what you would like to do next.