Regardless of what you end up investing in, be cautious about putting it in her name. Minor's can pay a higher amount of tax than adults.
If the amount you are investing is substantial, you might consider looking at starting a trust or other structure to make this effective.
It would also enable you to control what happens with the funds after she turns 18. For example, making sure that the portfolio is only sold for a house deposit, not for a European holiday
VAS Price at posting:
$67.97 Sentiment: None Disclosure: Held
