Blend funds

Blend funds have been created for FuturePlanner with different investment growth targets.

Schroders advise the Trustees on investment strategy and they have created blend funds which are used in the Default strategy.

There are two key features of a blend fund. Firstly, Schroders will invest in a variety of different assets –rather than just shares – to reduce the variability of the returns for the fund. This is known as ‘diversification’.

Secondly, Schroders will adjust the components of these blend funds between the different asset classes, based on their views of the opportunities and risks within investment markets and the overall return the fund is seeking. This is known as ‘rotation’.

The table below provides details of the three growth blend funds and the three versions of our Retirement focus fund including the fund investment objective, the risk level given by the Trustees based on Schroders' advice and the annual management charge. To see the most up to date charges for all the funds go to  the Scheme documents section at My Account.

Fund name Long-term target Risk level
(1 is low, 6 is high)
FuturePlanner Long-Term Growth Fund Inflation +5% 5 0.345%
FuturePlanner Stable Growth Fund Inflation +4% 4.5 0.370%
FuturePlanner Cautious Growth Fund Inflation +3% 3.5 0.395%
FuturePlanner Retirement focus: default (income drawdown) Platform for retirement options 3 0.292%
FuturePlanner Retirement focus: income for life (annuity) Platform for retirement options 2 0.307%
FuturePlanner Retirement focus: take the pot as cash Platform for retirement options 1 0.350%

*These charges are a reasonable estimate and actual charges may vary. Current rates can be found on the Mobius microsite, which is available via the investment section of My Account.