Engage Mutual Funds Limited

Engage is an established financial services company with over twenty – six years in the financial services industry. In 2005, Engage Mutual Assurance was launched as a trading subsidiary of Homeowners Friendly Society Limited.

They are the leading provider in the United Kingdom of tax-exempt savings plans, child trust funds and over fifties life insurance. Engage Mutual Funds Limited is dedicated to the provision of value for money products that are simple and easily accessible. Products are designed to enhance the welfare of people.

Engage partners with Park Row Associates and SimplyBiz in the Independent Financial Advisor market and delivers an excellent level if support to meet their needs.

Engage received the Investor in People award in 2001 and have kept up this standard ever since and in 2006 their employees received a gold award for charitable contributions through their “give as you earn” scheme.

The Engage child savings and investment solutions include two schemes, the “Engage Child Trust Fund” and the “Junior Easy Save”. Both of these are affordable investment and savings options.

The Engage Child Trust Fund allows your child’s savings to benefit from the latent growth of stock market based investments; this is a Stakeholder account. Features of this account include:

o No hidden charges, just one simple, annual management fee of 1.5% guaranteed for the lifetime of the account.

o Acceptance of deposits from as low as £5 and various savings methods. Child trust funds are generally set at a minimum of £10.

o The potential for Stock Market growth, engage Child Trust Fund invests in a variety of shares with different companies, this spread of investment provides reduced risk as well as taking advantage of the potential growth of stock market investments.

o The option for “lifestyling” which means if you select this option, the money will be moved gradually, at age 13 of the child, from medium to high then low risk and back again, until the child reaches the age of 17 years when the money is switched over completely.

Every child who is a UK resident and was born on or after 1 September 2002, and for whom a child benefit is being claimed, is entitled to receive from the Government a £250 Child Trust Fund voucher, this increases to £500 for lower income families. On the 7th birthday of the child another payment is made into the Child Trust Fund, again £250 or £500 dependent upon the income of the family.

Engage is the UK’s leading Child Trust Fund providers and they are committed to help you with any and all the information required to set up a Child Thrust Fund. They invest in stocks and shares in a range of companies listed with the FTSE 100, with the aim of achieving long term capital growth, whilst spreading the risk.

Once a contribution has been made into the Child Trust Fund, it is owned by the child and stays in the same account until the child reaches age eighteen, thereafter the funds belong to that child.

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