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At a glance

Balancing caution and adventure. The middle risk choice out of our three growth approaches.

 

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

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.

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

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 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 31 December 2024.

Key:
Higher riskShares (emerging markets): 11%
Higher riskShares (UK): 5%
Higher riskReal estate investment trusts: 4%
Higher riskShares (overseas developed): 48%
Higher riskBonds (emerging markets): 4%
Higher riskBonds (high yield): 8%
Lower riskGlobal corporate bonds: 11%
Lower riskUK corporate bonds: 0%
Lower riskGlobal government bonds: 3%
Lower riskUK Government bonds (Gilts): 0%
Lower riskShort maturity bonds: 5%
Lower riskCash: 1%

Higher risk

  • 11% - Shares (emerging markets)
  • 5% - Shares (UK)
  • 4% - Real estate investment trusts
  • 48% - Shares (overseas developed)
  • 4% - Bonds (emerging markets)
  • 8% - Bonds (high yield)

Lower risk

  • 1% - Cash
  • 5% - Short maturity bonds
  • 0% - UK Government bonds (Gilts)
  • 3% - Global government bonds
  • 0% - UK corporate bonds
  • 11% - 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 Sustainable Index World Equity Fund
  2. iShares MSCI Emerging Markets ESG Enhanced UCITS ETF
  3. abrdn SICAV I - Responsible Global High Yield Bond Fund
  4. iShares Continental European Equity ESG Index Fund
  5. abrdn Sustainable Index American Equity Fund
  6. abrdn Global Corporate Bond Screened Tracker Fund
  7. iShares MSCI Japan ESG Enhanced UCITS ETF
  8. abrdn Asia Pacific ex-Japan Tracker Fund
  9. abrdn Sustainable Index UK Equity Fund
  10. Virgin Money Climate Change 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
£17.5k
  • Dec-19: £10,000
    Dec-19: £10,000
  • Jan-20: £9,982
    Jan-20: £10,032
    2020
  • Feb-20: £9,666
    Feb-20: £9,771
  • Mar-20: £8,713
    Mar-20: £9,066
  • Apr-20: £9,151
    Apr-20: £9,602
  • May-20: £9,557
    May-20: £9,984
  • Jun-20: £9,796
    Jun-20: £10,199
  • Jul-20: £9,711
    Jul-20: £10,186
  • Aug-20: £9,883
    Aug-20: £10,403
  • Sep-20: £9,931
    Sep-20: £10,432
  • Oct-20: £9,774
    Oct-20: £10,278
  • Nov-20: £10,405
    Nov-20: £10,842
  • Dec-20: £10,575
    Dec-20: £10,996
  • Jan-21: £10,494
    Jan-21: £10,911
    2021
  • Feb-21: £10,470
    Feb-21: £10,876
  • Mar-21: £10,686
    Mar-21: £11,122
  • Apr-21: £10,938
    Apr-21: £11,400
  • May-21: £10,902
    May-21: £11,336
  • Jun-21: £11,152
    Jun-21: £11,648
  • Jul-21: £11,154
    Jul-21: £11,708
  • Aug-21: £11,391
    Aug-21: £11,948
  • Sep-21: £11,253
    Sep-21: £11,747
  • Oct-21: £11,348
    Oct-21: £11,974
  • Nov-21: £11,423
    Nov-21: £12,089
  • Dec-21: £11,587
    Dec-21: £12,181
  • Jan-22: £11,115
    Jan-22: £11,811
    2022
  • Feb-22: £10,941
    Feb-22: £11,566
  • Mar-22: £11,212
    Mar-22: £11,748
  • Apr-22: £10,982
    Apr-22: £11,368
  • May-22: £10,857
    May-22: £11,344
  • Jun-22: £10,396
    Jun-22: £10,933
  • Jul-22: £10,766
    Jul-22: £11,486
  • Aug-22: £10,807
    Aug-22: £11,407
  • Sep-22: £10,248
    Sep-22: £10,858
  • Oct-22: £10,333
    Oct-22: £11,024
  • Nov-22: £10,729
    Nov-22: £11,406
  • Dec-22: £10,616
    Dec-22: £11,012
  • Jan-23: £10,978
    Jan-23: £11,419
    2023
  • Feb-23: £10,915
    Feb-23: £11,258
  • Mar-23: £10,886
    Mar-23: £11,416
  • Apr-23: £10,919
    Apr-23: £11,422
  • May-23: £10,869
    May-23: £11,423
  • Jun-23: £11,007
    Jun-23: £11,633
  • Jul-23: £11,223
    Jul-23: £11,804
  • Aug-23: £11,050
    Aug-23: £11,704
  • Sep-23: £10,942
    Sep-23: £11,586
  • Oct-23: £10,676
    Oct-23: £11,382
  • Nov-23: £11,138
    Nov-23: £11,853
  • Dec-23: £11,627
    Dec-23: £12,292
  • Jan-24: £11,582
    Jan-24: £12,333
    2024
  • Feb-24: £11,750
    Feb-24: £12,667
  • Mar-24: £12,064
    Mar-24: £12,961
  • Apr-24: £11,918
    Apr-24: £12,686
  • May-24: £12,019
    May-24: £12,908
  • Jun-24: £12,243
    Jun-24: £13,181
  • Jul-24: £12,277
    Jul-24: £13,281
  • Aug-24: £12,377
    Aug-24: £13,354
  • Sep-24: £12,534
    Sep-24: £13,434
  • Oct-24: £12,478
    Oct-24: £13,518
  • Nov-24: £12,714
    Nov-24: £13,983
  • Dec-24: £12,602
    Dec-24: £13,863
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 fund5.8%9.5%-8.4%9.5%8.4%
Performance Comparator*10.0%10.8%-9.6%11.6%12.8%
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 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 31 December 2019 to 31 December 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:

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