The Child Trust Fund is free money from the government for all eligible children regardless of how much their household earns.

There are a wide variety of Child Trust Fund accounts, available from a range of different providers. To be able to offer you the Child Trust Fund we've teamed up with Family Investments. Like us, Family Investments is a mutual organisation, with over 30 years experience in providing straightforward investments for families.

Neither Coventry Building Society nor Family Investments can give advice on the suitability of this CTF account for your child. If you have any doubts please consult a Financial Adviser.

Here's how it works:

• Every eligible child born on or after 1st September 2002 will receive a voucher to invest in a special Child Trust Fund account.
• The voucher is worth £250.
• Vouchers are sent out automatically once child benefit has been applied for.
• Returns are free from income tax and capital gains tax (tax rules can change).
• Any money paid into the account is the child's alone, and cannot be withdrawn until the child's 18th birthday, and then only by the child.
• Parents and others can invest up to a combined total £1200 each year into the account.
• To benefit from the growth potential of the Stockmarket, the Child Trust Fund account from Family Investments will include investment in stocks and shares. This means its value may fall as well as rise and your child could get back less than is paid in.

When your Child Trust Fund account is open you can:

• Start to make regular or one-off payments into the account. Payments into your child's Trust Fund account cannot exceed £1,200 in each subscription year, (£10 being the minimum contribution you can make).
• Increase or decrease regular payments whenever you like, making it an ideal way of saving.

Please note that any money paid into the account can't be withdrawn until the child's 18th birthday, and then only by the child.

You can make payments into your child's account in a number of ways:

• By calling 0800 616695* for details on all the payment methods available, including bank transfers and standing orders.
• By sending a cheque with the child's name, date of birth and Child Trust Fund account number written on the reverse of the cheque to:
  Family Investments Child Trust Fund,
  FREEPOST BR2206,
  Brighton, BN1 2BR.
  Cheques should be made payable to the child or made payable to Family Equity Plan Limited (re: the child's name).
• Online by direct debit you can set up a regular direct debit or one-off payment by clicking here. You will need the following information: your child's Child Trust Fund account number and your bank details. Please note if you have already set up a direct debit for your child's Trust Fund account you cannot increase your monthly payment or make one-off contributions online instead please call 0800 616695*.

Inviting others to add to your child's account

• Make one-off extra payments into the account making it an ideal place for gifts of christening, birthday or Christmas money the registered contact can send friends/family an email inviting them to top-up your child's Trust Fund account online by direct debit.

Further information or to apply:

• For more information or to apply for a Child Trust Fund account from Family Investments click here or call Family Investments on 0800 085 8626*.

This CTF account is provided by Family Investments. Family Investments only offers its own products and does not provide advice on their suitability. If you have any doubts you should seek financial advice (financial advisers may charge for their services).

Family Investments is a trading name of Family Equity Plan Limited (Co. No. 2208249) which is authorised and regulated by the Financial Services Authority. Registered office: 16-17 West Street, Brighton, East Sussex, BN1 2RL.

*Calls may be monitored or recorded for training purposes.