Foxley Fund

Key Product Information
Account Name	Foxley Fund (age 0 - 18)
Interest Rates (AERs)	Variable rate paid annually. Click here to view our rates
Tax Status	Gross or Net
Conditions for Bonus Payments	Not Applicable
Withdrawal Arrangements	No withdrawals or premature closure until the child reaches 18 years of age
Access	Branch or Postal

Terms of Investment

Minimum investment and account balance of £1.00
The annual maximum investment per qualifying year (1st January to 31st December) excluding interest is £3,600. Prior years subscriptions cannot be carried forward.
Only one Foxley Fund account per child
Additional investments are allowed, subject to the above annual maximum investment
The child's birth certificate must be presented to the Society with the application form
An R85 application form should be filled in if you wish to receive interest gross (these are available from any of our branches). Alternatively you can visit the HMRC website to download the form.
The account must be opened by an adult aged 18 years or above who acts as the trustee on the account for the child
The account will mature on the child's 18th birthday, at which point the account holder (the child) will be required to provide current full identification
The account holder's signature will be required on the maturity instructions
Interest earned on a daily balance and credited annually on 31st December each year

Please read the checklist before sending in your application and don't forget your proof of ID and the child's birth certificate.