The Children's Investment Starter Plan (CISP) is good way of starting an investment plan, that will grow with any child. The proceeds of your CISP are invested in UTC's Growth and Income Fund (First Unit Scheme), so your CISP investment continues to grow throughout the child's school years.
To give children that head start, we will match the first five units in each account with an additional five units. So for the price of the first five units you get ten units. The initial ten units must be held for a minimum of five years, since they are intended to be long term investments for children. The income from all ten units pays for the five extra units, so you can be sure that inflation will not run away with the child's savings.
Remember, you can buy for your children, nephews, nieces, godchildren, grandchildren, friends' children etc.
|5 free units
||Guaranteed return on investment
|Capital appreciation & income
||Help in beating inflation & increasing capital
|Guaranteed contribution after three years from date of deposit
||Peace of mind
|Source of collateral for loans
||Two fold use of your investment
|Cost of 5 units to start
||Everyone has an opportunity to invest