Negative returns over a 12 year investment period

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HSBC Child Trust Fund
★★☆☆☆
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Wadeyq68's review of HSBC Child Trust Fund

“Negative returns over a 12 year investment period”

★☆☆☆☆

written by Wadeyq68 on 10/11/2022

Disgusted with HSBC CTF. We chose the "cautious" risk level, preferring stability over growth. Paid more than £30,000 into it over 10 years, the current level is £26K, so factoring in inflation we have lost about a third of our money over 12 years. Absolute mismanagement. I know that investments can go down as well as up but over the last 12 years all the other funds have shown returns or at least break even! Asleep at the wheel.

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