Why can not I get an equity fund for my daughter?

My parents gave my six-year-old daughter 12,000 euros, which I should invest for her education. I thought of an international equity fund. The bank adviser says, however, that the money must be invested in safe money, ie with the least possible risk. And then equity funds are out of the question. I think that's a shame and therefore wants to make sure: Is that really true?

Helma Sick answers: It is not true. The money would only have to be invested in the ward if a guardian would be on, Or if your parents explicitly had an orphan-proof facility for their grandchild when they donated. If that is not the case, you can save the money for your daughter Create as you see fit.

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