HSBC Child Trust Fund Reviews

HSBC Child Trust Fund
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★★☆☆☆
2.2 / 5
From 5 reviews
20% of users recommend this

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★☆☆☆☆
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“Poor service/poor performance”

Written on: 03/03/2013

No recognition/acceptance of poor performance. (read more)

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★☆☆☆☆
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“HSBC CTF very poor performance”

Written on: 11/11/2011 by Miels

Extremely poor performance over last 3 years, has lost £600 in value compared to what I put in. I realise there is a global recession, however none of our other investments (ISAs, business shares, standard savings accounts, pension funds) can match this for percentage of investment lost (in fact everything else has grown or at the very least stayed the same). Our independent financial advisor was appalled, as are we. (read more)

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★★★☆☆
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“This is an investment over the long term. You cannot...”

Written on: 18/04/2010

This is an investment over the long term. You cannot expect it to
guarantee a return. Perfomance has been much better
over the last 12 months - I am staying with it for now (read more)

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★☆☆☆☆
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“The overall service offered by HSBC Child Trust Fund...”

Written on: 09/01/2009

The overall service offered by HSBC Child Trust Fund is OK. Worth significantly less money than initially put in. Would mind if it at least broke even - we're aware that funds can go down as well as up.
Switching out of HSBC (read more)

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★★★★★
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“I would question if there are any benefits in saving...”

Written on: 25/09/2008

I would question if there are any benefits in saving money for children this way. No return. It is better to put the money into company pension scheme. (read more)

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