This is precisely why our children’s portfolios are also different.
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Could someone tell me if it’s possible to buy foreign funds and ETFs for a child without permission from the Digital and Population Data Services Agency? You can’t buy foreign stocks, but I haven’t found an answer to this fund question anywhere.
You can buy products listed on a stock exchange within the European Economic Area (EEA) for a child, such as shares or funds.
Only products sold on stock exchanges outside the EEA require permission.
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{“content”:“The portfolios (AOT and OST) have only been active for a couple of months. I haven’t bothered to pick anything for the OST yet. Individual dividend companies don’t interest me much, as I believe the Finland Index Fund (Indeksirahasto Suomi) would achieve the same thing. I’ll stick with a fund strategy, at least initially.\n\nThe AOT’s content is roughly 33.3% per head of these:\n\nSpiltan Aktiefond Investmentbolag\nEvli Finland Small Cap B (Evli Suomi Pienyhtiöt B)\nHandelsbanken USA”,“target_locale”:“en”}
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Child 1:
Kamux, Sampo, QT, Revenio, Rushfactory (child got to choose their first purchase at 6, and it was, of course, “color run”)
Child 2:
Admicom, Remedy, Vincit, Titanium, Tecnotree
Child 3:
Fodelia, Kamux, Remedy, Nightingale
The portfolios have the same investment strategy as my own, because that’s the only way I know how to do this… it’s a bit difficult to change oneself other than by learning gradually 
thus, I won’t do anything I wouldn’t do for myself, and with the time horizon being about the same as for the children, there’s no reason to start customizing a plan for the children at this point.
Edit: I should also mention that so far the only company “sold” from the children’s portfolio is Suomen Hoivatilat (which was delisted from the stock exchange).
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My wife and I make small monthly deposits into Nordnet’s index funds.
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I have two identical children’s portfolios. Allocations are roughly as follows:
Seligson Global Top Brands 40%
Seligson North America (P-Amerikka) 10%
Tecnotree 40%
Puuilo 10%
I make additional purchases monthly into one or two of these at a time.
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Thanks for this! Useful information.
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My child has been holding for a long time:
Talenom approx. 70%
Qt approx. 15%
Revenio approx. 15%
I couldn’t bring myself to sell at the peak, unlike in dad’s portfolio in 2021.
Talenom acquisition price 2 eur/share.
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Nordnet’s index funds for Finland, Sweden, Denmark, and Norway. No need to stress or keep track, just steady growth.
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Here is a roughly 1-year-old’s portfolio for the first year of investing.
The entire balance is also going into the Nordnet Index Fund Technology (Nordnet Indeksirahasto Teknologia).
Monthly savings are currently going into the three cheapest ones (Spiltan, HB USA, NN Tekno).
I have been splashing investments into several familiar funds whenever gifts have been received. Going forward, the plan is to grow NN Technology’s share to the same levels as Evli and Aktia, and to continue buying those three for the time being.
Then the Storebrand world fund will take the place of Tekno in the monthly savings. I’m thinking of making it the portfolio’s largest holding next year, meaning future gifts will go towards the whole world without much further thought, and consequently, the share of small-cap funds and the Nordics will decrease.
A couple of higher-cost small-cap funds don’t matter, nor do the overlaps between HB USA, NN Tekno, and Storebrand.
I’m sure these will yield some returns over the years. No sales are planned at all. Just having Storebrand as the portfolio’s only holding wouldn’t have been a bad tactic at all, but this is what we’re going with. 
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I still wanted something from the industrial sector, so I added Investor 
as the 7th stock in the child’s portfolio. There is now good diversification across different industries, and the main reason for direct investments is to increase the child’s interest in investing as a whole. However, the goal is for the majority of the saved money to be in that World ETF by the time they reach adulthood. I don’t feel like overcomplicating the ETF side; one comprehensive one is enough.
I could consider the same for the second child now that QT and Harvia have come down from their peak prices.
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Two children of the same age, different portfolios.
One has Tecnotree, Robit, Vincit
The other has Stocka, Robit, Vincit and one that I can’t remember.
The size of the portfolios is about €200, and I’m adding to them gradually. Eventually, they will learn the ropes themselves, but right now in their teens, they don’t have the maturity for it yet.
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Storebrand Global All Countries A EUR
Currently with automatic monthly savings.
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OP World Index with a fixed monthly savings amount. Low fees and a long investment horizon, what’s not to like.
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My plan was to use part of the child benefit money to buy about 6–8 dividend stocks in an Equity Savings Account (OST) and to buy funds on the book-entry account (AOT) side. However, Nordea’s selection is pricey enough that I might buy one more foreign dividend company there (reducing the number of companies in the OST to 5–7) and look for funds on the Nordnet side instead.
From Nordnet, I’m considering Finland, Sweden, Norway, Denmark, as well as HB USA and Europe.
For small stock purchases, Nordea’s 1% fees fit the plan better than Nordnet’s fixed euro-denominated fees.
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For those with several children and different stocks for each of them: is it just tough luck for the child if they happen to end up with a Hyzon/Kamux portfolio that’s 80% in the red, while the other child has 200k in their account when they turn 18? Or do you balance them out based on how they perform—which brings us back to the question of why the portfolios are even different in the first place 
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In the child’s portfolio:
Aspo
Elisa
Fiskars
Kesko
Nordea
Sampo
UPM
Tikkurila
Some are no longer very trendy, and the last one has already disappeared from the map; I no longer remember where it was reinvested (into something on the list/all of them). 6 years to go until he gets the so-called “keys handed over” (at 18). Dividends have been left in the account for which we got a debit card a year ago, and from there the boy has been buying a bike, electric scooter, hockey/football gear, etc., whenever a need has arisen as he’s gotten older. (He no longer agrees to “pappa betalar” [dad pays], because he’s been able to learn to use his own money… so I guess something was done right.)
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One of my children recently came of age. I told them that I’ve been building up a “retirement fund” for them in the Seligson Top 25 Brands fund. The news was met with joy and surprise.
We went over the principles of fund investing and used a returns calculator to look thirty years into the future, to when they’ll be approaching 50. At the same time, we set up a monthly savings plan from their own account. I will continue to contribute the same amount as I have in recent years.
The chosen fund has proven its return potential over decades. It’s not the cheapest, and probably not the best, but it’s good and reliable. I’m putting money into the same fund for my younger child, who is still blissfully unaware of this.
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I don’t understand why anyone would do that. My two children have 95% identical portfolios.
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