How do I know the value of the investment in a CTF?
When the account is opened or additional money added to it, you will be allocated a number of units based upon the unit price on that day. For example if you invested £250 and the unit price was £1.00 you would be allocated 250 units.
The unit price will vary depending upon the value of assets within the fund and the number of units issued. However, the number of units allocated to your account will not vary unless additional money is invested. You can therefore calculate the value of your investment by multiplying the unit price at the time (see here or contact us for current values) by the number of units held. The unit price will be calculated weekly and is available on our website or by contacting our office. You will also receive an annual statement telling you the number of units and current value. In order to receive your annual statement, you must complete and return your registered contact form. If no form is received then you will only receive a statement after your child's 10th, 15th and 17th birthdays. A final statement will also be sent to the child within 12 months of maturity and every 12 months thereafter if the matured CTF remains open post maturity.