Aviva Select Funds. An overview of our funds. Retirement Investments Insurance Health

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1 For financial adviser use only. Not approved for use with customers Aviva Select Funds An overview of our funds Retirement Investments Insurance Health

2 Welcome to our range of fully researched funds Aviva Select Funds are a range of researched funds that take some of the hard work out of investment selection for you. The Aviva Investors multi-manager research team assesses, selects and monitors the active components of this range of funds. The team chooses a number of funds they feel will stand out from their peers and offer the best potential for investors across a broad range of sectors or markets. Aviva chooses the passive funds based on a smaller range of criteria. The selection process includes a due diligence review by the Aviva Investors team. As well as meeting the required due diligence standards, the process aims to deliver the most costeffective solution for you and your clients. Alongside the Select Funds range, we also show funds managed by Aviva Investors. These funds sit in the same sector or market as the Aviva Select Funds and are also actively managed by expert fund managers, but they don t share the same selection process. These funds haven t been subject to the Aviva Investors 7Ps process due to conflicts of interest. You can find out more about this in the Fund Centre on Aviva for Advisers. Please bear in mind that past performance is not a guide to future returns. The value of your client s investment can fall as well as rise and they may not get back the amount they invested. 2

3 The Aviva Select Funds Asia Pacific Corporate bond Emerging Markets European Flexible Bonds Bonds Invesco Perpetual Asian AXA Sterling Credit Short Duration Bond Net Z Acc Fidelity Emerging Markets W Acc Threadneedle European Select Jupiter Strategic Bond Emerging Markets Local Currency Bond D2 Eur Baillie Gifford Alpha Growth B Acc Schroders Asian Income Z Acc Pimco GIS UK T. Rowe Price Emerging Markets Artemis European Opportunities I Acc Hermes Multi-Strategy Credit JPM BNY Mellon Long-Term Equity W Acc Asia Royal London M Acc JPM Emerging Markets Income Henderson European Selected Opportunities I Acc M&G Floating Rate High Yield I-H Acc Hermes High Yield Bond F GBP Hedged Acc M&G Dividend Fund Sterling I Acc First State Asian Equity Plus B Acc Insight Inflation- Linked Corporate Bond W Acc Invesco Perpetual European Equity Income Net Z Acc PFS TwentyFour Monument Bond Artemis Income I Acc Fidelity Dividend W Acc Active funds Japanese Baillie Gifford Japanese B Acc Man GLG Japan CoreAlpha Prof Acc Schroders Tokyo Z Acc Mixed Asset AXA Framlington Managed Balanced Baillie Gifford Managed B Acc Henderson Cautious Managed I Acc Investec Cautious Managed I Acc Property M&G Feeder of Property Portfolio Sterling I Acc Target/ Absolute Return Henderson UK Absolute Return I Acc Invesco Perpetual Targeted Returns Z Acc Diversified Growth Funds Threadneedle Dynamic Real Return UK Gilts Royal London UK Government Bond M Acc US Hermes US SMID Wellington US Research Equity Portfolio Fidelity American Special Situations Ethical Royal London Ethical Bond M Acc Liontrust SF Growth 2 Acc Kames Capital Ethical Equity B Acc Newton Real Return UK Equity Income SMID All Cap Majedie UK Income Threadneedle UK Equity Income Z Acc Artemis UK Smaller Companies Liontrust UK Smaller Companies Old Mutual UK Mid Cap R Acc AXA Framlington UK Select Opportunities ZI Acc Investec UK Special Situations I Acc Lindsell Train UK Equity 3

4 The Aviva Select Funds Asia Pacific Corporate bonds Emerging market European Flexible bonds bonds Passive funds Pacific Ex Japan Equity Tracker Fund Japanese Japan Equity Class Corporate Bond Overseas Mixed asset Consensus 100 Consensus 35 Consensus 60 Emerging Markets Equity Property Property Secs Eq Continental European Equity Target/ Absolute return Overseas Government Bond UK equity UK gilts US UK Equity UK Gilts All Stocks Tracker Fund Index Linked Gilt Tracker Fund North American Equity Consensus 70 Consensus 85 4

5 Aviva Select Funds the passive funds The Aviva Investors multi-manager team says Aviva chooses the passive funds based on a smaller range of criteria. The selection process includes a due diligence review by the Aviva Investors team. As well as meeting the required due diligence standards, the process aims to deliver the most cost-effective solution for you and your clients. On this basis, Aviva currently uses for all elements of the passive range. s products cover a wide range of asset classes including, bonds, alternatives and some mixed asset indices. Within each of these categories, they offer products that are diversified across a range of countries (such as overseas bond trackers) and region-specific products (such as Japanese equity trackers). makes use of four different passive management techniques, depending on the underlying market: Full replication - buying every constituent instrument within the index Optimisation - for large and unconstrained indices, this means buying a subset of index constituents Stratified sampling - splitting the index into different categories, and choosing investments that best mimic the performance of these categories Intelligent rebalancing - for some fixed income funds, the index is fully replicated, but with discretion around rebalancing timing. Our belief is that full replication is the superior method, since the potential for tracking error is low. prefers to use full replication where possible, and the huge volume of assets it manages makes this economically viable. uses securities lending to generate extra revenue, 62.5% of which is paid back into the funds. s funds have historically achieved very low tracking error figures relative to index, partially due to using full replication wherever possible. For further information, visit our fund centre on Aviva for Advisers. 5

6 Aviva Life Services UK Limited. Registered in England No Aviva, Wellington Row, York, YO90 1WR. Authorised and regulated by the Financial Conduct Authority. Firm Reference Number aviva.co.uk LF /2018 Aviva plc