They don’t know it, but money invested in exchange-traded funds by their parents is quietly compounding so that Benji, 8, and Rose, 5, have a financial head start in life.
“The money is invested in things we thought the kids would like, such as renewable energy and technology,” says Sydney mum and lawyer Esther Freeman.
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Joanna Mather joined the AFR as an education reporter in 2008. She spent four years in the Canberra press gallery before becoming superannuation reporter in 2016, deputy news director in 2021 and wealth editor in 2023. Connect with Joanna on Twitter. Email Joanna at jmather@afr.com
