Give your children or grandchildren a sound financial start. By making fixed monthly deposits even small amounts will grow to significant sums over time.

Whose name?

You may set up an account in the name of the child or the parents. There are advantages and disadvantages to both options. Find out what is best for you.

In whose name to save?

Common ways to save

There are several ways to save on behalf of children. The most common are:

Savings account
Mutual fund savings

 

Did you know that:

  • 6 out of 10 parents save for their children regularly?
  • 7 out of 10 parents save in their child's name?
  • 1 out of 3 parents have chosen to set up mutual fund saving for their children?