Hi, I have received my child trust fund voucher for my 3 month old baby boy. For my toddler, I wanted to invest some money in stocks and shares, originally I wanted the Nationwide as they have no shareholders but they were taken over by Legal and General so invested in them. Didn't want to put all the money in that so opened a Halifax regular saver children's account. Now saving money in both ( cash and Stocks and shares). I want to do the same for my baby i.e. have 2 accounts as above, can anyone recommend which ones to go for? I have been sent forms on the Children's Mutual- not sure what they are like, seem to be used by companies such as Boots. Would be greatful for any advice thanks.

Keep it simple. If you don't understand, don't do it.

You seem to be a bit mixed up, wanting to invest in shares with a company with no shareholders. Legal & General have bought out Nationwide's unit trust business, but Nationwide are still an independent building society.

If you buy some financial magazines, you will see which are the largest unit trusts and which are performing well. Similarly with investment trusts.

I put my son's voucher into the "Foreign and Colonial Investment Trust Plc" if that helps. It's the oldest and largest investment trust.

Thanks yes, know what you mean, it is a minefield thats why I need advice! Don't want to put all eggs in one basket, will get a magazine thaks.