Which unit trusts do we offer?

We are one of the largest investors in the UK stock market, so if you’re looking to invest in the UK we may have what you’re looking for. Below are two popular funds from our range which you may wish to consider.

• Legal & General Growth Trust
  Our Growth Trust is an actively managed fund that places your investment with our team of fund managers who scour the markets for investments that they believe offer outstanding opportunities for growth.
• Legal & General UK 100 Index Trust
  Our UK 100 Index Trust aims to offer growth for your investments by tracking the performance of the FTSE 100 Index.

You don’t have to choose between these two funds – you can choose to balance your investments across both of them. These are examples of how you could spread your investments:

This website doesn't provide advice or recommendations. It's up to you to decide if a
Legal & General investment is suitable for you. If you’re unsure, you can contact our Sales Advisers and we can provide advice on whether this investment is suitable for your needs. We can only advise on Legal & General’s life assurance and investment products.

What's different about investing for children?

If you invest in a unit trust for a child, although it will be in your name, you can designate it for them.

This means that, while the investment is still yours and you’ll pay whatever tax you would normally pay on it, the investment is designated for the child. So if you choose to make different investments for different children, you can easily distinguish between them. You can do this by adding their initials on the ‘designation’ section on the application.

It also means that you keep control of the money you invest – and how it is used – because the investment is always yours and in your name.

For further details please refer to the tax information.

What happens when I want to give the child their investment?

If the investment is not set up in a trust for the child, you can choose to transfer the investment into their name at any time after the child reaches the age of 18. The choice is yours, as you are in full control of the investment.

To transfer your Legal & General unit trust into the child’s name, you will need to complete a stock transfer form. For further details, and a stock transfer form, please contact our customer service centre.

Please be aware that transferring units is classed as a disposal for capital gains tax, as well as a gift for inheritance tax. Please contact a professional adviser for more details.