Investment funds

Global Investments (up to 85% shares) Fund – high/medium risk

This fund combines the long-term growth potential of UK and Global Equity with the relative security provided by Gilts and Corporate Bonds.

There’s potential for long-term growth with some security.

More about our Global Investments (up to 85% shares) Fund

Please note that these are target weights as of 31 March 2023. The actual amounts invested in each sub-fund may differ due to market movements or at the discretion of the Trustee.

Global Investments (up to 60% shares) Fund – medium risk

This fund invests in a combination of shares and bonds.

There’s potential for moderate growth over the long term.

More about our Global Investments (up to 60% shares) Fund

Please note that these are target weights as of 31 March 2023. The actual amounts invested in each sub-fund may differ due to market movements or at the discretion of the Trustee.

Global Investments (up to 100% shares) Fund – high risk

This is a higher risk fund that aims to achieve long-term capital growth by primarily investing across the UK and overseas equity markets.

The fund may hold additional diversifying asset classes.

More about our Global Investments (up to 100% shares) Fund

Please note that these are target weights as of 31 March 2023. The actual amounts invested in each sub-fund may differ due to market movements or at the discretion of the Trustee.

Ethical Fund – high risk

This fund invests 100% in Global Shares.

The fund’s investments are weighted towards companies that demonstrate a strong track record of managing environmental, social and governance (‘ESG’) risks and opportunities.

Companies who are involved in the production of controversial weapons, including cluster munitions, landmines and biological weapons are excluded.

More about our Ethical Fund

The People’s Pension Ethical Fund is weighted towards companies that demonstrate a strong track record of managing environmental, social and governance (‘ESG’) risks and opportunities.

The fund does this in 2 ways:

1. It excludes any investments in companies involved in controversial weapons, or in a recent very severe ESG controversy (eg human rights, labour rights, or the environment).
2. It uses research by a market leading firm in ESG research, MSCI, to give a score for each company that it invests in based on a wide range of criteria covering everything from how much a company pollutes, to its record on human rights.
   

Companies will then be compared against other similar companies, for example, supermarkets against other supermarkets. We then choose to reduce the amount invested in firms that score badly and invest more in firms that score well.

If you’d like to know more about this, read our full explanation.

Shariah Fund – high risk

This fund is invested in 100% global equities – it invests all of its assets in the HSBC Amanah Global Equity Index.

This is a higher risk fund investing in company shares from around the world and is compliant with Islamic Shariah principles.

If you select the Shariah Fund, you’ll need to invest all your pension savings with us in this fund.

More about our Shariah Fund

The Shariah Fund is for those members who wish their pension pot to be invested in line within the principles of Islamic law and are comfortable investing in a higher risk fund than our default fund. The fund excludes investments in companies providing goods and services such as alcohol, tobacco, and gambling that are deemed as inconsistent with Shariah law.

The Shariah Fund is a higher risk fund and invests in a smaller number of companies compared to our other funds. This concentration makes the fund, and your pension pot more likely to have large movements in value (both up and down).

If you’d like to know more about this, read our full explanation.

Pre-Retirement Fund – medium/low risk

This fund is suitable for those approaching retirement who don’t yet know how they will use their pension savings.

It provides a balance between capital growth and capital preservation.

More about our Pre-Retirement Fund

Please note that these are target weights as of 31 March 2023. The actual amounts invested in each sub-fund may differ due to market movements or at the discretion of the Trustee.

Annuity Fund – medium/low risk

This fund is suitable for those approaching retirement and looking to buy an annuity (a regular income, usually for life).

It aims to protect against the effect of falls in the level of annuity rates.

More about our Annuity Fund

Please note that these are target weights as of 31 March 2023. The actual amounts invested in each sub-fund may differ due to market movements or at the discretion of the Trustee.

Cash Fund – low risk

This fund invests in short-term money market investments and fixed deposits and is used to maintain the value of your pension savings.

More about Cash Fund