Investment Factsheets

Transcription

1 MMC UK Pensions Investment Factsheets FUNDS AVAILABLE FROM JUNE 206 COMPARE LEARN SAVE INVEST REVIEW Contents: DEFAULT FUNDS Page LifeStyle Equity Fund 2 Diversified Growth Fund Fixed Interest Bond Fund 4 Cash Fund OTHER FUNDS Active Emerging Markets Equities Fund 6 Active Equities Fund 7 Passive Equities Fund 8 Long Term Growth Fund 9 Moderate Growth Fund 0 Diversified Retirement Fund Inflation-Linked Bond Fund 2 Ethical Fund Shariah Fund 4 Important notice You are encouraged to regularly review the investment of your Individual Account and useful information can be found in the Fund s Investment Guide and on the Pensions Website at Whilst the Trustee and MMC UK Pensions Administration can provide you with information about the investment options available to you, they cannot give you advice. If you need advice you should speak to an Independent Financial Adviser. Visit for details of your nearest Adviser.

2 Investment Factsheets LIFESTYLE EQUITY FUND The fund aims to achieve long-term capital growth through investing primarily in the shares of companies based in the UK, overseas and emerging markets. Past performance is not a reliable indicator of future results. Annualised performance: LGIM 0/70 Global Equity Market Weights 7 Currency Hedged Index Fund Benchmark BlackRock Aquila UK Equity Fund Benchmark MFS Meridian Global Equity Fund Benchmark Veritas Global Focus Fund Benchmark Baillie Gifford Long Term Global Growth Fund Benchmark Mercer Active Emerging n/a Market Equities Fund Benchmark n/a.0 Passive Equities Fund.7 BlackRock Aquila UK Equity Fund 42. Active Equities Fund 7.2 Active Emerging Market Equities Fund Benchmark 26.2 FTSE All Share GBP 24. FTSE All World ex UK 42. MSCI World Index NDR 7.2 MSCI Emerging Markets Index (NDR) Annual Management Charge 0.402* Other charges 0.04* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds. 2

3 DIVERSIFIED GROWTH FUND The fund aims to achieve long-term capital growth by investing in a wide range of asset classes with the aim of providing a less volatile (but potentially lower return) than investing solely in equities. Past performance is not a reliable indicator of future results. Annualised performance: Baillie Gifford Diversified Growth Fund Benchmark Standard Life GARS Fund Benchmark Schroder Intermediated Diversified Growth Fund Benchmark Baillie Gifford Diversified Growth Fund.4 Standard Life GARS Fund. Schroder Intermediated Diversified Growth Fund Benchmark 00 LIBOR GBP m +4 Annual Management Charge 0.67* Other charges 0.07* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds.

4 Investment Factsheets FIXED INTEREST BOND FUND The fund has a diverse bond portfolio aiming to match the cashflows from a typical traditional level annuity product in order to protect the purchasing power of a pension pot in the years up to retirement. Past performance is not a reliable indicator of future results. Annualised performance: LGIM Pre-Retirement Fund Benchmark L&G Pre-Retirement Fund Benchmark 00 LGIM Composite Annual Management Charge 0.0 Other charges 0.00 Fund management style Passive 4

5 CASH FUND The fund aims to achieve capital stability and longterm capital growth through investment primarily in a diversified range of money market instruments and near-cash instruments. Past performance is not a reliable indicator of future results. Annualised performance: BlackRock Cash Fund Benchmark BlackRock Cash Fund Benchmark 00 LIBOR LIBID GBP w Annual Management Charge 0. Other charges 0.00

6 Investment Factsheets ACTIVE EMERGING MARKETS EQUITIES FUND The fund aims to achieve long-term capital growth through investing primarily in the shares of companies based in emerging markets. Annualised performance can be found in the Fund Factsheets for the underlying funds. Mercer Active Emerging n/a Market Equities Fund Benchmark n/a 00 Mercer Active Emerging Market Equities Fund Benchmark 00 MSCI Emerging Markets Annual Management Charge 0.89* Other charges 0.20* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds. 6

7 ACTIVE EQUITIES FUND This fund aims to achieve long-term capital growth through investing primarily in the shares of companies based in the UK and overseas markets. Annualised performance can be found in the Fund Factsheets for the underlying funds. MFS Meridian Global Equity Fund Benchmark Veritas Global Focus Fund Benchmark Baillie Gifford Long Term Global Growth Fund Benchmark MFS Global Equity 7. Veritas Global Focus 2.4 Baillie Gifford Long Term Global Growth Benchmark 00 MSCI World Index NDR Annual Management Charge 0.684* Other charges 0.07* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds. 7

8 Investment Factsheets PASSIVE EQUITIES FUND The fund aims to achieve long-term capital growth by investing in a range of global equities which will track a chosen index. Past performance is not a reliable indicator of future results. Annualised performance: LGIM 0/70 Global Equity Market Weights 7 Currency Hedged Index Fund Benchmark LGIM 0/70 Global Equity Market Weights 7 Currency Hedged Index Fund Benchmark 0 FTSE All Share GBP 70 FTSE All World ex UK Annual Management Charge 0. Other charges 0.00 Fund management style Passive 8

9 LONG TERM GROWTH FUND The fund aims to achieve long-term capital growth by investing in a range of asset classes such as UK, overseas and emerging market equities and diversified growth funds. Annualised performance can be found in the Fund Factsheets for the underlying funds. 70 LifeStyle Equity Fund 0 Diversified Growth Fund Benchmark 70 LifeStyle Equity Fund Benchmark 0 Diversified Growth Fund Benchmark Annual Management Charge 0.478* Other charges 0.064* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds. 9

10 Investment Factsheets MODERATE GROWTH FUND The fund aims to achieve long-term capital growth by investing in a range of asset classes such as UK and overseas equities, diversified growth funds and bonds. Annualised performance can be found in the Fund Factsheets for the underlying funds..4 Passive Equities Fund. Fixed Interest Bond Fund. Diversified Growth Fund Benchmark.4 Passive Equities Fund Benchmark. Fixed Interest Bond Fund Benchmark. Diversified Growth Fund Benchmark Annual Management Charge 0.292* Other charges 0.06* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds. 0

11 DIVERSIFIED RETIREMENT FUND The Diversified Retirement Fund aims to provide investors with a diversified portfolio of growth and defensive assets which are intended to represent a broadly sensible investment strategy for a typical member aiming to take their benefits in retirement as income drawdown. Annualised performance can be found in the Fund Factsheets for the underlying funds. Quarter Mercer Diversified Retirement Fund* -0.7 Benchmark Mercer Diversified Retirement Fund Benchmark 00 Citi -Month UK Sterling Eurodeposit +2. Annual Management Charge 0.2* Other charges 0.06* *This is the target. It is a weighted average of the AMCs of the underlying funds. The exact charge will vary depending on the actual proportions of the investments held in the underlying funds. *Fund launched on March 20.

12 Investment Factsheets INFLATION-LINKED BOND FUND The fund is a diverse bond portfolio aiming to match the cash flows from a typical traditional inflation-linked annuity product in order to protect the purchasing power of a pension pot in the years up to retirement. Past performance is not a reliable indicator of future results. Annualised performance: LGIM Pre-Retirement Inflation Linked Fund Benchmark LGIM Pre-Retirement Inflation Linked Fund Benchmark 00 LGIM Pre-Retirement Inflation Linked Fund Index Annual Management Charge 0.0 Other charges 0.00 Fund management style Passive 2

13 ETHICAL FUND The fund aims to achieve long term capital appreciation through investing primarily in the shares of companies that are selected based on the SRI (socially responsible investing) criteria of the underlying fund/s. Past performance is not a reliable indicator of future results. Annualised performance: LGIM Ethical Global Equity Benchmark L&G Ethical Global Equity Fund Benchmark 00 FTSE AW 4Good Global Annual Management Charge 0.24 Other charges 0.00 Fund management style Passive

14 Investment Factsheets SHARIAH FUND The fund aims to provide long-term capital growth through investing primarily in a broad range of company shares from around the world, which meet the Islamic investment principles of the underlying fund/s. Past performance is not a reliable indicator of future results. Annualised performance: HSBC Life Amanah Pension 2.2 n/a n/a Fund Benchmark 2.0 n/a n/a 00 HSBC Life Amanah Pension Fund Benchmark 00 Dow Jones Islamic Market Titans 00 Index Annual Management Charge 0.4 Other charges

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