Self-Select Funds

For those members who wish to make their own investment decisions the Trustee has selected a range of funds, some passively managed, some actively managed across a range of asset classes.

Click the underlined fund names below for a detailed factsheet about each fund.

 

Category Fund Name (Members) Capital Risk Rating Objective 
Equities Global Equity - Passive 6 To provide long-term capital growth in excess of UK price inflation by investing in global listed shares. The fund aims to perform in line with the benchmark as closely as possible.
  Global Equity - Active 6 To provide long-term capital growth in excess of UK price inflation by investing in global listed shares. The fund aims to outperform the benchmark over the long-term.
  Emerging Market Equity - Passive 7 To provide long-term capital growth in excess of UK price inflation by investing in shares predominantly listed in developing countries. The fund aims to perform in line with the benchmark as closely as possible.
  UK Equities - Passive 5 To provide long-term capital growth in excess of UK price inflation by investing in UK listed shares. The fund aims to perform in line with the benchmark as closely as possible.
  Shariah Law - Passive 6 To provide long-term capital growth in excess of UK price inflation by investing in global listed shares in a Shariah compliant manner. The fund aims to perform in line with the benchmark.
  Sustainable & Responsible Equities - Passive 6 To provide long-term capital growth in excess of UK price inflation by investing in global listed shares in companies that operate in a sustainable and responsible manner. The fund aims to perform in line with the benchmark.
Multi-asset Diversified Growth Fund  5 To provide long-term capital growth in excess of UK price inflation. The fund aims to have less capital risk than an equities based fund by investing in a broad range of asset classes including equities, bonds, and a range of alternative assets. The fund aims to perform in line with the benchmark, over the long-term.
Bonds Global - Active 4 To provide long-term capital growth in excess of UK price inflation by investing in global bonds. The fund aims to outperform the benchmark over the long-term.
  UK Corporate bonds High Grade - Passive 3 To provide long-term returns higher than would be available from Government-backed bonds. The fund aims to perform in line with the benchmark as closely as possible.
  UK Fixed Income Gilts (Long Duration) - passive To provide long-term returns by investing in fixed-interest bonds issued by the UK
government with maturities longer than 15 years. The fund aims to perform in line
with the benchmark as closely as possible.
  UK Inflation Linked Gilts - Passive 2 To provide long-term returns by investing in index-linked bonds issued by the UK
government. The fund aims to perform in line with the benchmark as closely as possible.
  Annuity Purchase Fund To mitigate against pension conversion risk (for non-increasing and fixed increase annuities).
Property Property - Active 3 To provide long-term capital growth in excess of the UK price inflation by investing
in commercial property, directly and/or indirectly via property companies listed
around the world. The fund aims to outperform the benchmark over the long-term.
Cash Money market instruments (including cash) 1 To protect the absolute value of the investment by investing in deposits and other short-term money market instruments. The fund aims to perform in line with the benchmark. 

 

AMC - Annual Management Charge (the fund manager may also charge additional expenses - for example custodian, registrar and auditor costs periodically in addition to the AMC).

Risk- The relative rate at which the price of an investment moves up and down. The score ranges from 1 (Very Low) to 7 (Very High). The higher the risk the greater the potential for good long-term growth but also the higher risk the less stable the fund price is likely to be. The price of company shares (equities) tend to go up and down in a wider range than cash or gilts, the investment is more volatile and therefore carries a greater risk.