How your money's invested
This fund provides the greatest geographic diversity of all our funds and invests 100% in funds with higher potential returns but with higher level of risk (like shares).
Our experts review this mix regularly considering the economic outlook for each geographic region.
Typical mix
- 60% North America
- 12% Europe (excluding UK)
- 6% Japan
- 4% UK
- 18% The rest, other areas including emerging markets
Remember, the value of investments can go up and down, so you may get back less money than you put in. Tax depends on your individual circumstances and the regulations may change in the future.
Where your money's invested
Invests in shares across different countries and regions, giving you real geographic diversity.
Here's the detail at 30 September 2024.
Higher risk
- 23% - Shares (emerging markets)
- 7% - Shares (UK)
- 0% - Real estate investment trusts
- 70% - Shares (overseas developed)
- 0% - Bonds (emerging markets)
- 0% - Bonds (high yield)
Lower risk
- 0% - Cash
- 0% - Short maturity bonds
- 0% - UK Government bonds (Gilts)
- 0% - Global government bonds
- 0% - UK corporate bonds
- 0% - Global corporate bonds
What do these terms mean?
Close ModalBonds: These are like IOUs, used by companies and governments to raise money. The buyer effectively lends money to the seller, in return for interest on their investment over a set amount of time. When that time’s up, the value is paid back.
Gilts: These are just a type of bond. But instead of lending money to a company, it’s lent to the UK Government.
Shares: A share is a tiny bit of a company. Share owners are called shareholders. If a company does well, shareholders are rewarded with a proportion of the profits, paid out as dividends. The value of shares rises and falls according to the company’s performance, and other factors.
Real estate investment trusts (REITs): These are pools of money gathered by a company from investors. They’re used to buy, manage or invest in property and land (real estate) to generate income – a way of investing in commercial property without needing millions.
Find out about the recent change to the Fund
Close ModalUpdate to Global Share Fund Investment Policy
We have made a small change to the Investment Policy of the Global Share Fund to make things a little clearer in how we manage the geographical allocation.
It doesn’t change how we manage the fund, or the underlying investments, and there is no action investors in the fund need to take.
We have replaced the following bullet points within the Investment Policy (the full Policy is included within the Prospectus which you can access here.)
| Old | New | |
|---|---|---|
| For regions excluding North America, maintain allocation of +/- 5% of the benchmark weight. So if the benchmark weight to Europe is 20% for example, the Fund will invest between 15-25%. | Maintain investment across the following six regions: North America, Europe ex-UK, UK, Japan, Asia ex-Japan and Global Emerging Markets. | |
| For North America, maintain allocation of +/- 10% of the benchmark weight. | Limit how differently the fund invests from the benchmark by +/-10% for North America, and +/- 5% for each of the other five regions. | |
| So, for example, if the benchmark weight at the time of portfolio review is 20% for Europe ex-UK, the fund would allocate between 15-25% to this region at that time. | ||
| There may be times when the Fund invests outside of these tolerances, namely (i) in between portfolio reviews due to market movement and (ii) in seeking to adhere to the following ESG considerations. |
Why are we making this change?
The original wording did not specify what geographical regions would be subject to the +/- 5%, so we have added this detail.
We also wanted to be clear that at any one time, we might invest outside of these tolerances. For example, if there is no suitable investment in a particular geography with the exclusions (tobacco, thermal coal etc.) that we seek, we may allocate additional money to an investment in another geography which does have the necessary exclusions (which might take us beyond the +/- 5% tolerance specified above) as long as this does not compromise the risk / return profile of the fund.
How the fund invests
Your money is invested in a group of funds, rather than directly in stocks and shares. This is known as a fund of funds.
Top fundsThe following is up-to-date as of 30 September 2024.
| Amount invested | Fund |
|---|---|
| 18.5% | iShares MSCI Emerging Markets ESG ETF |
| 17.9% | abrdn Sustainable Index American Equity Fund |
| 17.9% | iShares US Equity ESG Index Fund |
| 17.8% | iShares MSCI USA ESG Enhanced UCITS ETF |
| 9.8% | iShares Continental European Equity ESG Fund |
| 6.9% | abrdn Sustainable Index UK Equity Fund |
| 4.9% | iShares Emerging Markets Equity ESG Index Fund |
| 4.0% | L&G Future World ESG North America Index Fund |
| 1.0% | abrdn Asia ex-Japan Equity Tracker Fund |
| 1.0% | iShares MSCI Japan ESG Enhanced ETF |
Which regions?
| Amount invested | Region |
|---|---|
| 57.7% | North America |
| 23.5% | Emerging Markets |
| 9.8% | Europe (Excluding UK) |
| 6.9% | UK |
| 1.0% | Japan |
| 1.0% | Asia (Excluding Japan) |
What you could've earned already
The graph below gives you an indication of how much you could've earned, after charges, if you had invested £10,000 in this approach five years ago. Remember, past performance isn't a reliable guide to future performance.
The following is up-to-date as of 30 September 2024.
-
2019Sep-19: £10,000Sep-19: £10,000
-
Oct-19: £9,869Oct-19: £9,870
-
Nov-19: £10,024Nov-19: £9,991
-
Dec-19: £10,279Dec-19: £10,243
-
Jan-20: £10,003Jan-20: £9,998
-
Feb-20: £9,495Feb-20: £9,448
-
Mar-20: £8,264Mar-20: £8,307
-
Apr-20: £8,875Apr-20: £8,857
-
May-20: £9,256May-20: £9,288
-
2020Jun-20: £9,598Jun-20: £9,675
-
Jul-20: £9,511Jul-20: £9,512
-
Aug-20: £9,788Aug-20: £9,761
-
Sep-20: £9,785Sep-20: £9,830
-
Oct-20: £9,636Oct-20: £9,655
-
Nov-20: £10,582Nov-20: £10,611
-
Dec-20: £10,895Dec-20: £11,004
-
Jan-21: £10,938Jan-21: £10,990
-
Feb-21: £10,967Feb-21: £11,030
-
Mar-21: £11,207Mar-21: £11,341
-
Apr-21: £11,491Apr-21: £11,677
-
May-21: £11,447May-21: £11,668
-
2021Jun-21: £11,716Jun-21: £11,940
-
Jul-21: £11,493Jul-21: £11,703
-
Aug-21: £11,782Aug-21: £12,058
-
Sep-21: £11,708Sep-21: £11,910
-
Oct-21: £11,742Oct-21: £11,992
-
Nov-21: £11,667Nov-21: £11,890
-
Dec-21: £11,914Dec-21: £12,126
-
Jan-22: £11,470Jan-22: £11,790
-
Feb-22: £11,319Feb-22: £11,607
-
Mar-22: £11,630Mar-22: £11,859
-
Apr-22: £11,420Apr-22: £11,669
-
May-22: £11,416May-22: £11,700
-
2022Jun-22: £10,865Jun-22: £11,091
-
Jul-22: £11,232Jul-22: £11,523
-
Aug-22: £11,365Aug-22: £11,654
-
Sep-22: £10,690Sep-22: £10,877
-
Oct-22: £10,575Oct-22: £10,904
-
Nov-22: £11,272Nov-22: £11,748
-
Dec-22: £11,163Dec-22: £11,497
-
Jan-23: £11,678Jan-23: £12,088
-
Feb-23: £11,559Feb-23: £11,876
-
Mar-23: £11,458Mar-23: £11,865
-
Apr-23: £11,526Apr-23: £11,872
-
May-23: £11,439May-23: £11,708
-
2023Jun-23: £11,539Jun-23: £11,893
-
Jul-23: £11,840Jul-23: £12,261
-
Aug-23: £11,532Aug-23: £11,918
-
Sep-23: £11,576Sep-23: £12,001
-
Oct-23: £11,139Oct-23: £11,578
-
Nov-23: £11,663Nov-23: £12,122
-
Dec-23: £12,153Dec-23: £12,616
-
2024Jan-24: £12,286Jan-24: £12,704
-
Feb-24: £12,707Feb-24: £13,338
-
Mar-24: £13,112Mar-24: £13,775
-
Apr-24: £12,931Apr-24: £13,439
-
May-24: £13,030May-24: £13,753
-
Jun-24: £13,570Jun-24: £14,161
-
Jul-24: £13,480Jul-24: £14,161
-
Aug-24: £13,442Aug-24: £14,192
-
Sep-24: £13,638Sep-24: £14,228
| September 2019 to September 2020 | September 2020 to September 2021 | September 2021 to September 2022 | September 2022 to September 2023 | September 2023 to September 2024 | |
|---|---|---|---|---|---|
| This fund | -2.2% | 19.7% | -8.7% | 8.4% | 18.0% |
| Benchmark* | -1.7% | 21.2% | -8.7% | 10.3% | 18.6% |
The ongoing charge changed from 0.75% to 0.45% on 6 January 2024. The performance shown is based on the current annual charge, with adjustments made to prior years to reflect the current charging structure for this fund
Source Lipper, total return (income reinvested).
Key information
Before investing please make sure you've read the following:
Investment Mix
Close Modal
- Higher potential returns and risk
- Lower potential returns and risk
The Investment Mix shows you how much of your money typically goes into higher risk investments with higher potential returns, and how much goes into lower risk investments with lower potential returns.
For more info, check out our guide.
Investing money and the risks.Want to check out the performance of another fund?
View our funds