Unitised funds

Each of our investment funds is divided into units. We ‘unitise’ your money by buying units in each of the funds you are invested in.

The value of the units you are invested in could rise or fall, depending on the value of the underlying assets that make up each fund. If the unit value increases, the value of your pension pot will rise. If the unit value decreases, so will the value of your pension pot.

On receipt of your pension contributions, we aim to invest your money on the next working day. However, we can’t always invest your money as soon as we receive it, for example during your opt-out period, so there may sometimes be a delay between you paying money in and it becoming ‘unitised’.