At a glance
Balancing caution and adventure. The middle risk choice out of our three growth approaches.
Our experts use Environmental, Social and Governance (ESG) considerations to help select what to invest in. Read more about our responsible investing approach including ESG considerations.
Download Key Information
Highlights
Balances risk and reward
Likely to be a bit more of a 'bumpy' ride than lower risk investments.
Aims for steady growth
A balanced 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.
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.How your money's invested
Typically 70% of your money goes into higher risk investments with higher potential returns and 30% into lower risk investments with lower potential returns.
Our experts review this mix regularly within the adjustment range, for higher growth potential.
Investment Mix
Typically 70%
invested for higher potential returns with higher risk
Typically 30%
invested for lower risk with lower potential returns
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 30 June 2024.
Higher risk
- 12% - Shares (emerging markets)
- 5% - Shares (UK)
- 4% - Real estate investment trusts
- 45% - Shares (overseas developed)
- 8% - Bonds (emerging markets)
- 5% - Bonds (high yield)
Lower risk
- 4% - Cash
- 2% - Short maturity bonds
- 0% - UK Government bonds (Gilts)
- 3% - Global government bonds
- 0% - UK corporate bonds
- 12% - 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.
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 holdingsThe following is up-to-date as of 30 June 2024.
- abrdn Sustainable Index World Equity Fund
- iShares MSCI Emerging Markets ESG Enhanced Units Fund
- abrdn Sustainable Index American Equity Fund
- iShares Continental European Equity ESG Index Fund
- L&G ESG Emerging Markets Government Bond Index Fund
- iShares ESG Screened Global Corporate Bond Index Fund
- Virgin Money Climate Change Fund
- iShares ESG Sterling Corporate Bond Index Fund
- abrdn Sustainable Index UK Equity Fund
- abrdn SICAV I - Responsible Global High Yield Bond Fund
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 June 2024.
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Jun-19: £10,000Jun-19: £10,000
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Jul-19: £10,274Jul-19: £10,281
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Aug-19: £10,220Aug-19: £10,255
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Sep-19: £10,290Sep-19: £10,286
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Oct-19: £10,150Oct-19: £10,141
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Nov-19: £10,242Nov-19: £10,284
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Dec-19: £10,317Dec-19: £10,336
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Jan-20: £10,298Jan-20: £10,370
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Feb-20: £9,973Feb-20: £10,099
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Mar-20: £8,989Mar-20: £9,371
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Apr-20: £9,441Apr-20: £9,924
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May-20: £9,860May-20: £10,320
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Jun-20: £10,106Jun-20: £10,542
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Jul-20: £10,018Jul-20: £10,529
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Aug-20: £10,196Aug-20: £10,752
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Sep-20: £10,246Sep-20: £10,782
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Oct-20: £10,084Oct-20: £10,624
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Nov-20: £10,734Nov-20: £11,207
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Dec-20: £10,910Dec-20: £11,365
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Jan-21: £10,826Jan-21: £11,278
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Feb-21: £10,801Feb-21: £11,242
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Mar-21: £11,025Mar-21: £11,496
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Apr-21: £11,284Apr-21: £11,784
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May-21: £11,247May-21: £11,717
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Jun-21: £11,505Jun-21: £12,039
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Jul-21: £11,507Jul-21: £12,102
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Aug-21: £11,752Aug-21: £12,350
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Sep-21: £11,610Sep-21: £12,142
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Oct-21: £11,704Oct-21: £12,377
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Nov-21: £11,781Nov-21: £12,496
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Dec-21: £11,950Dec-21: £12,591
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Jan-22: £11,466Jan-22: £12,208
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Feb-22: £11,286Feb-22: £11,955
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Mar-22: £11,566Mar-22: £12,143
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Apr-22: £11,329Apr-22: £11,750
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May-22: £11,200May-22: £11,725
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Jun-22: £10,724Jun-22: £11,301
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Jul-22: £11,106Jul-22: £11,872
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Aug-22: £11,148Aug-22: £11,790
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Sep-22: £10,571Sep-22: £11,223
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Oct-22: £10,659Oct-22: £11,394
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Nov-22: £11,067Nov-22: £11,789
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Dec-22: £10,951Dec-22: £11,382
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Jan-23: £11,325Jan-23: £11,803
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Feb-23: £11,260Feb-23: £11,636
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Mar-23: £11,230Mar-23: £11,800
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Apr-23: £11,265Apr-23: £11,806
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May-23: £11,213May-23: £11,807
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Jun-23: £11,355Jun-23: £12,024
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Jul-23: £11,578Jul-23: £12,200
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Aug-23: £11,400Aug-23: £12,098
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Sep-23: £11,288Sep-23: £11,975
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Oct-23: £11,014Oct-23: £11,765
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Nov-23: £11,490Nov-23: £12,252
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Dec-23: £11,994Dec-23: £12,706
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Jan-24: £11,948Jan-24: £12,748
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Feb-24: £12,121Feb-24: £13,093
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Mar-24: £12,445Mar-24: £13,397
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Apr-24: £12,295Apr-24: £13,112
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May-24: £12,399May-24: £13,342
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Jun-24: £12,630Jun-24: £13,625
June 2019 to June 2020 | June 2020 to June 2021 | June 2021 to June 2022 | June 2022 to June 2023 | June 2023 to June 2024 | |
---|---|---|---|---|---|
This fund | 1.1% | 13.8% | -6.8% | 5.9% | 11.3% |
Performance Comparator* | 5.4% | 14.2% | -6.1% | 6.4% | 13.3% |
*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 60% shares and 40% 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, it runs from 30 June 2019 to 30 June 2024, bid to bid with net income reinvested.
Key information
In our important documents you’ll see our Balanced Growth approach referred to as the Virgin Money Growth Fund 2. Before applying, please make sure you’ve read the following: