Where will the money be invested?
The Ulster Bank child trust fund is designed to provide the child with a cash lump sum when they reach the age of 18. In order to do this, the Ulster Bank Child Trust Fund will offer customers a fund which invests in a wide range of assets that offers the potential of higher returns than a deposit fund. (You should, however, be aware that unlike a deposit account the value of the investment in the Ulster Bank Child Trust Fund can fall as well as rise). The Ulster Bank Child Trust Fund has been designed to make the investment process as simple as possible, enabling you to invest more money when you are able to do so and to keep you informed of how the fund is progressing.