Can our investments be held in a trust for a child?

You may be able to set up a trust account for a child using a bare trust arrangement.

This arrangement gives the beneficiary an immediate and absolute right to both the capital and income held in the trust. It also requires two trustees.

If setting up a trust arrangement is something you would like to pursue, or if you already have a bare trust and would like to invest in it through Abundance, please contact our customer services team. We have special procedures and draft forms we can supply, but you will need to obtain your own legal and tax advice when completing the forms to decide whether the arrangement is suitable for you. We are unable to give advice on trusts or the tax implications associated with them.

As with any investment product there are risks. Part or all of your original invested capital may be at risk and any return on your investment depends on the success of the project invested in. You should be prepared to hold Abundance investments for their full term (and many will have terms of more than 15 years). Abundance investments may not be readily realisable (and their value can rise or fall). They may be secured or unsecured, and where they are secured this does not ensure repayment. Estimated rates of return can be variable and estimates are no guarantee of actual return. Specific risks will apply in relation to each product. Consider all risks before investing and read the Offer Document for each investment.