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09 December 2008

Are CTFs a good investment.

In an email you sent me today, CTFs are recommended as a good way of saving tax. My grandson was born in September of 2002 and so received £250 from the government, later increased to £500 as his parents were on low incomes. As of today, this £500 is now worth approximately £420. How can these be considered a good investment, tax benefits or not?

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