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ETFs for Children

time 5mths ago
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By · 30 Nov 2020
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Mitchell Sneddon
By ·
30 Nov 2020
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time 5mths ago

Question

How do I go about investing in EFTs for my grandchildren, thanks. - Submitted by Keat Lim

Answer

Hi Keat, you could consider the InvestSMART managed portfolios which contain ETFs.

They are diversified and have capped fees, so your cash stays in your pocket and realises the benefits of compounding.

You can open several different account types, including for children under 18 years of age. For children 18 years or over, you can open an individual account in their name.

First, look at the different types of portfolios. You can match your goals, timeframes, and risk to find a suitable portfolio.

You can click the 'Invest Now' button and begin the quick online process to open an account.

Always remember to read the Product Disclosure Statement and ask any questions at invest@investsmart.com.au if you require help.

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