HSBC CTF very poor performance

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Miels's review of HSBC Child Trust Fund

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“HSBC CTF very poor performance”

Written on: 11/11/2011 by Miels (1 review written)

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.

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Bwh43's Response to Miels's Review

Written on: 30/08/2019

We have experienced the same issue. Have also lost in excess of £500 value over the course of the last 8 years. Almost as though HSBC have nobody managing this fund from their end. Poor show from an otherwise trustworthy bank.

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