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At a glance

Cautious by name, cautious by nature. The lowest risk choice out of our three growth approaches, aiming for modest returns.

This fund has some sustainability characteristics due to being responsibly invested. Sustainable investment labels help UK investors find funds that have a specific sustainability goal. This fund doesn't have a UK sustainable investment label because it doesn't have a specific sustainability goal.


Download key information

Highlights

Reduces risk

Likely to be a less 'bumpy' ride, compared with higher risk investments.

Aims for gradual growth

A slower, cautious approach to growing your money in the longer term.

All done for you

Managed for you by our dedicated team of investment experts. All in one neatly packaged approach.

How your money's invested

Typically 40% of your money goes into higher risk investments with higher potential returns and 60% into lower risk investments with lower potential returns.

Our experts review this mix regularly within the adjustment range, for higher growth potential.

Investment Mix

Adjustment rangeThe adjustment range gives our experts the flexibility to make investment changes based on their assessment of the market outlook, but they always aim to stick to the balance of risk and reward for the approach.
  • Typically 40%

    invested for higher potential returns with higher risk

  • Typically 60%

    invested for lower risk with lower growth potential

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

Our experts manage the mix of investments, within the adjustment range and to achieve the approach objectives.

Here’s the detail at 31 December 2024.

Key:
Higher riskShares (emerging markets): 7%
Higher riskShares (UK): 3%
Higher riskReal estate investment trusts: 2%
Higher riskShares (overseas developed): 19%
Higher riskBonds (emerging markets): 0%
Higher riskBonds (high yield): 4%
Lower riskGlobal corporate bonds: 24%
Lower riskUK corporate bonds: 6%
Lower riskGlobal government bonds: 19%
Lower riskUK Government bonds (Gilts): 0%
Lower riskShort maturity bonds: 15%
Lower riskCash: 1%

Higher risk

  • 7% - Shares (emerging markets)
  • 3% - Shares (UK)
  • 2% - Real estate investment trusts
  • 19% - Shares (overseas developed)
  • 0% - Bonds (emerging markets)
  • 4% - Bonds (high yield)

Lower risk

  • 1% - Cash
  • 15% - Short maturity bonds
  • 0% - UK Government bonds (Gilts)
  • 19% - Global government bonds
  • 6% - UK corporate bonds
  • 24% - Global corporate bonds

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 holdings

The following is up-to-date as of 31 December 2024.

  1. abrdn Global Corporate Bond Screened Tracker Fund
  2. abrdn Global Government Bond Tracker Fund
  3. abrdn Short Dated Sterling Corporate Bond Tracker Fund
  4. abrdn Sustainable Index World Equity Fund
  5. iShares MSCI Emerging Markets ESG Enhanced UCITS ETF
  6. iShares ESG Sterling Corporate Bond Index Fund
  7. iShares Continental European Equity ESG Index Fund
  8. abrdn SICAV I - Responsible Global High Yield Bond Fund
  9. Vontobel Fund TwentyFour Sustainable Short Term Bond Fund
  10. L&G ESG Emerging Markets Government Bond Index Fund
How the fund is invested

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 31 December 2024.


Key:
£7.5k
£10k
£12.5k
£15k
  • Dec-19: £10,000
    Dec-19: £10,000
  • Jan-20: £10,058
    Jan-20: £10,102
    2020
  • Feb-20: £9,918
    Feb-20: £10,030
  • Mar-20: £9,212
    Mar-20: £9,584
  • Apr-20: £9,549
    Apr-20: £9,940
  • May-20: £9,787
    May-20: £10,152
  • Jun-20: £9,958
    Jun-20: £10,285
  • Jul-20: £9,966
    Jul-20: £10,331
  • Aug-20: £10,022
    Aug-20: £10,403
  • Sep-20: £10,058
    Sep-20: £10,436
  • Oct-20: £9,981
    Oct-20: £10,359
  • Nov-20: £10,363
    Nov-20: £10,671
  • Dec-20: £10,479
    Dec-20: £10,759
  • Jan-21: £10,411
    Jan-21: £10,688
    2021
  • Feb-21: £10,324
    Feb-21: £10,588
  • Mar-21: £10,408
    Mar-21: £10,686
  • Apr-21: £10,546
    Apr-21: £10,833
  • May-21: £10,546
    May-21: £10,814
  • Jun-21: £10,686
    Jun-21: £10,989
  • Jul-21: £10,727
    Jul-21: £11,085
  • Aug-21: £10,832
    Aug-21: £11,187
  • Sep-21: £10,720
    Sep-21: £11,039
  • Oct-21: £10,758
    Oct-21: £11,131
  • Nov-21: £10,820
    Nov-21: £11,225
  • Dec-21: £10,862
    Dec-21: £11,241
  • Jan-22: £10,554
    Jan-22: £10,982
    2022
  • Feb-22: £10,396
    Feb-22: £10,796
  • Mar-22: £10,450
    Mar-22: £10,760
  • Apr-22: £10,227
    Apr-22: £10,435
  • May-22: £10,154
    May-22: £10,417
  • Jun-22: £9,822
    Jun-22: £10,145
  • Jul-22: £10,093
    Jul-22: £10,528
  • Aug-22: £9,968
    Aug-22: £10,344
  • Sep-22: £9,512
    Sep-22: £9,918
  • Oct-22: £9,574
    Oct-22: £9,975
  • Nov-22: £9,898
    Nov-22: £10,267
  • Dec-22: £9,802
    Dec-22: £10,023
  • Jan-23: £10,078
    Jan-23: £10,317
    2023
  • Feb-23: £9,955
    Feb-23: £10,157
  • Mar-23: £10,021
    Mar-23: £10,337
  • Apr-23: £10,037
    Apr-23: £10,363
  • May-23: £9,976
    May-23: £10,338
  • Jun-23: £10,016
    Jun-23: £10,427
  • Jul-23: £10,151
    Jul-23: £10,505
  • Aug-23: £10,043
    Aug-23: £10,453
  • Sep-23: £9,926
    Sep-23: £10,304
  • Oct-23: £9,784
    Oct-23: £10,176
  • Nov-23: £10,154
    Nov-23: £10,554
  • Dec-23: £10,537
    Dec-23: £10,916
  • Jan-24: £10,469
    Jan-24: £10,922
    2024
  • Feb-24: £10,498
    Feb-24: £11,031
  • Mar-24: £10,705
    Mar-24: £11,208
  • Apr-24: £10,568
    Apr-24: £10,997
  • May-24: £10,631
    May-24: £11,140
  • Jun-24: £10,779
    Jun-24: £11,306
  • Jul-24: £10,853
    Jul-24: £11,456
  • Aug-24: £10,959
    Aug-24: £11,547
  • Sep-24: £11,076
    Sep-24: £11,646
  • Oct-24: £10,959
    Oct-24: £11,600
  • Nov-24: £11,097
    Nov-24: £11,869
  • Dec-24: £11,002
    Dec-24: £11,771
2019 2024

December 2019 to
December 2020
December 2020 to
December 2021
December 2021 to
December 2022
December 2022 to
December 2023
December 2023 to
December 2024
This fund4.8%3.6%-9.7%7.5%4.4%
Performance Comparator*7.6%4.5%-10.8%8.9%7.8%
This fund changed strategy in October 2021. To help you compare it with other funds we have replicated the performance of the markets the fund invests in, to indicate what the performance may have been prior to the strategy change. The simulated return takes into account the current annual charge of 0.45% and that the mix of assets are rebalanced once per month, but does not include the separate account fee of 0.30% per year.

*The fund doesn’t use a benchmark as a guide for investing or as a target to beat. But we do use a performance comparator which investors may want to compare the fund’s performance against. This comprises 30% shares and 70% bonds. Shares are represented by the MSCI All Countries World Index GBP, whilst bonds are represented by the Bloomberg Global Aggregate Bond Index – GBP Hedged. The fund invests differently to the performance comparator therefore returns will always be different. For example there are differences in the way the fund is built vs. the comparator, along with the cost of investing, which is included for the fund return, but not the comparator. You cannot invest in the performance comparator.

Source: Lipper, year on year, 31 December 2019 to 31 December 2024, bid to bid with net income reinvested.

Key information

In our important documents you’ll see our Cautious Growth approach referred to as the Virgin Money Growth Fund 1. Before applying, please make sure you’ve read the following:

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