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    Where would you put $10k for a young child?

    Not sure about AFI but I always thought Vanguard Index funds were an example of an index fund with low fees.... looked into this a few years back... then still ended up putting my money with Perpetual! :mad: Graemsay has a good point that more fees does not necessarily equate to higher returns!
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    Where would you put $10k for a young child?

    Hmm, pertinent link to the ATO website on "children's share investments" here. http://www.ato.gov.au/print.asp?doc=/Content/11884.htm
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    Where would you put $10k for a young child?

    Interesting, I hadn't thought of that. I"m a number cruncher in my day job so I might draw up the scenarios and have a look. After all, kidlet #1 is coming along so I ought to be researching this too!!
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    Where would you put $10k for a young child?

    Bankwest has a kids savers account, 10% pa, but be sure to read all the T&C. http://www.bankwest.com.au/kids/ Personally with such a long time frame, I would put it into managed funds, held in the parents' name to get the franking benefits. Instead of starting off with a lump sum I'd also...
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