Fund investing for a child

The earlier you start, the more your investments can grow.

The most important thing is starting. When saving for a child, time is on your side, and even small sums can add up to thousands of euros by the time your child reaches adulthood.

Buy and sell almost all funds with no fees. With us, you always enjoy low-cost investing. In addition, if you're an OP cooperative bank owner-customer, you earn 0.35% in OP bonuses on your fund holdings in 2025. Make your child an owner-customer!

Find suitable investments from more than 60 funds. The most common investments for a child are saver's funds, index-linked funds and responsible investment funds. Make a one-off investment or start monthly investment with as little as €10 a month.

Start investing in mutual funds for a child

Why start investing in funds for a child?

It pays to start saving on behalf of a child in good time, whether you are the mother, father, godparent or grandparent. This will leave time for even small investments to accumulate before the child grows up. With a long investment horizon, you make the most out of the compound interest effect.

Monthly investment in a fund is the most popular and easiest way to build a nest egg for a child. Through funds, you invest diversely in securities in different countries. Investing in funds is a great way to diversify your investments in different companies and countries. Your investments are managed by fund experts and portfolio managers.

Parents can invest directly in a fund on behalf of their children. Cash gifted by grandparents and godparents can be collected in the child's current account. From the account, the savings can be invested in a fund to grow over time. Saving for a child is a good opportunity to teach financial skills by setting an example that inspires the child to start saving and investing.

How do I start fund investing for a child: How to get started

To invest in a fund, the child needs a current account and must be an OP customer. At least one parent must also be an OP customer. If the child does not hold a personal current account, you can easily open it online. Proceeds from the sale of fund units are paid into the child's current account.

Open a current account for a child here

Buying and selling funds is possible with the guardians' user ID on OP-mobile and at op.fi. The child can personally buy and sell funds at the age of 18 or with the guardians' consent, after reaching the age of 15.

Taxation of fund investments

Profits from mutual fund investments are subject to capital gains tax. The capital gains tax rate is 30% up to 30,000 euros and 34% for amounts that exceed this. If fund units are sold at a loss, this is deducted from your capital income.

You can sell your fund units any time. The fund management company will inform the Tax Administration of your mutual fund holdings, including any sale of fund units, and dividends you have earned from income units. Make sure that such information is correct in the pre-completed tax return you receive.

What funds should I buy for a child?

A child's investment portfolio should include at least a few different funds. You can start by saving in a single fund and slowly diversify to other funds. Diversifying allows you to even out risk and avoid major value fluctuations.

The most popular company funds in 2024 for saving on behalf of a child are:

How to invest 15,000 euros for your child

Initial investment: 100 € Monthly investment: 40 € Expected return: 6 % Investment period: 18 years Amount saved: 8 740 € Income: 6 858 € Total: 15 598 €

How can a child invest in a fund on their own?

Investing in funds as a minor is easy with the guardians' consent. The parents may authorise their child to manage their own investments once the child turns 15. When a fund portfolio has been opened for the minor, they can independently sell and buy funds in OP-mobile.

Authorise a young person's saving and investing here

What happens to the funds when the child turns 18?

After the child has turned 18, the management of the funds is transferred from the parents to the child. We advise having a discussion with the child about savings and investments, and how to manage them. We are also happy to help young people manage their savings on a long-term basis and responsibly. A person aged 18 or over may also book an appointment for free-of-charge investment advice.

This is a marketing communication. OP Fund Management Company Ltd and OP Asset Management Ltd have prepared this material as background information. The information presented in the material is based on sources that the authors consider reliable. However, the authors cannot guarantee that the provided information or opinions are correct or complete. This material is not intended to provide, and cannot be regarded as, a comprehensive and complete description of the product and the risks involved. Although the material has been prepared with care, and the aim has been to ensure that all the presented information is accurate, the authors and their employees assume no responsibility for the content of the material, and no decisions or agreements should be made based on it.
This material does not include a binding offer or proposal to buy or subscribe for a fund unit, nor does the material or its content form a basis for any agreement or commitments.

OP Pohjola's mutual funds are managed by OP Fund Management Company Ltd, which is a fund management company and alternative investment fund manager licensed by the Finnish Financial Supervisory Authority. The portfolio manager of OP Pohola's mutual funds is the portfolio management company specified in the fund prospectus for OP funds. Investments always involve risks. The value of investments can rise and fall, and the investor may lose part of or all the invested funds. Past performance does not predict future returns. The potential future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. If the mutual fund is marketed outside Finland, OP Fund Management Company Ltd may decide to end such marketing. Before making an investment decision, take all the characteristics or objectives of the fund into consideration, as described in the fund prospectus for OP Pohjola funds and other documents related to the mutual fund. Only make your investment decision after reading the mutual fund's Key Information Document, the funds prospectus, and the rules of the fund. These are available from your asset manager or at op.fi/all-funds. The main risks associated with mutual funds can be found in the Key Information Document, and a more detailed list of risks is presented in the funds prospectus. A summary of investors' rights can be found at op.fi/ops-fund-publications. These documents are available in Finnish, Swedish and English. Copying, publishing or distributing this material to a third party in full or in part is not permitted without written permission from OP. By accepting this material, you agree to follow the instructions and restrictions above.

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