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At a glance

Navigator steers your pension automatically based on your age, helping you make smart decisions. It aims to grow your pension when you're younger, then adds more stability as you approach retirement.

It’s designed to give you flexibility when making your retirement plans, so you don’t need to decide how or when you’ll retire until you’re ready.

Download Key Information

Highlights

  • When you're younger, your money's invested in our Adventurous Growth approach - with higher potential to grow your money in the longer term.
  • When you turn 51, we gradually start moving it into our Careful Defensive approach - for more stability, but with slower growth.
  • Our experts invest your money globally to give it more chances to grow and to spread the risk.

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.

How your money's invested

Up until the age of 51, we invest your money in our Adventurous Growth approach. It’s higher risk but can generate higher returns – and you’ve got plenty of time to ride out the market ups and downs.

When you’re 51, we gradually move some of your money into our Careful Defensive approach each year until you’re 65. This blend of approaches keeps your money growing, while reducing those ups and downs ready for you to start taking it out. Best of all, it’s all done for you.

Percentage invested in each approach by age

Key:
0%
50%
100%
  • 40: 100%
    40: 0%
    40
  • 41: 100%
    41: 0%
  • 42: 100%
    42: 0%
  • 43: 100%
    43: 0%
  • 44: 100%
    44: 0%
  • 45: 100%
    45: 0%
    45
  • 46: 100%
    46: 0%
  • 47: 100%
    47: 0%
  • 48: 100%
    48: 0%
  • 49: 100%
    49: 0%
  • 50: 100%
    50: 0%
    50
  • 51: 97%
    51: 3%
  • 52: 94%
    52: 6%
  • 53: 91%
    53: 9%
  • 54: 88%
    54: 12%
  • 55: 85%
    55: 15%
    55
  • 56: 81%
    56: 19%
  • 57: 77%
    57: 23%
  • 58: 73%
    58: 27%
  • 59: 69%
    59: 31%
  • 60: 65%
    60: 35%
    60
  • 61: 60%
    61: 40%
  • 62: 55%
    62: 45%
  • 63: 50%
    63: 50%
  • 64: 43%
    64: 57%
  • 65: 36%
    65: 64%
    65
  • 66: 36%
    66: 64%
  • 67: 36%
    67: 64%
  • 68: 36%
    68: 64%
  • 69: 36%
    69: 64%
  • 70 years: 36%
    70 years: 64%
    70
40 70

Where your money’s invested

This approach aims for higher potential growth over the longer term. Our experts review the mix of investments regularly.

Here’s the detail at 31 December 2024

Higher risk

  • 18% - Shares (emerging markets)
  • 7% - Shares (UK)
  • 5% - Real estate investment trusts
  • 59% - Shares (overseas developed)
  • 2% - Bonds (emerging markets)
  • 5% - Bonds (high yield)

Lower risk

  • 1% - Cash
  • 0% - Short maturity bonds
  • 0% - UK Government bonds (Gilts)
  • 0% - Global government bonds
  • 1% - UK corporate bonds
  • 2% - Global corporate bonds
Key:
Higher riskShares (emerging markets): 18%
Higher riskShares (UK): 7%
Higher riskReal estate investment trusts: 5%
Higher riskShares (overseas developed): 59%
Higher riskBonds (emerging markets): 2%
Higher riskBonds (high yield): 5%
Lower riskGlobal corporate bonds: 2%
Lower riskUK corporate bonds: 1%
Lower riskGlobal government bonds: 0%
Lower riskUK Government bonds (Gilts): 0%
Lower riskShort maturity bonds: 0%
Lower riskCash: 1%
What do these terms mean?

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. iShares MSCI Emerging Markets ESG Enhanced UCITS ETF
  2. iShares MSCI USA ESG Enhanced UCITS ETF
  3. iShares Continental European Equity ESG Index Fund
  4. abrdn Sustainable Index World Equity Fund
  5. abrdn Sustainable Index American Equity Fund
  6. iShares MSCI Japan ESG Enhanced UCITS ETF
  7. iShares UK Equity ESG Index Fund
  8. abrdn Global REIT Tracker Fund
  9. abrdn Asia Pacific ex-Japan Tracker Fund
  10. abrdn SICAV I - Global High Yield Sustainable 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.

Here's the detail at 31 December 2024.

Key:
£7.5k
£10k
£12.5k
£15k
£17.5k
  • Dec-19: £10,000
    Dec-19: £10,000
  • Jan-20: £9,906
    Jan-20: £9,985
    2020
  • Feb-20: £9,437
    Feb-20: £9,599
  • Mar-20: £8,403
    Mar-20: £8,730
  • Apr-20: £8,973
    Apr-20: £9,373
  • May-20: £9,474
    May-20: £9,863
  • Jun-20: £9,788
    Jun-20: £10,130
  • Jul-20: £9,656
    Jul-20: £10,079
  • Aug-20: £9,943
    Aug-20: £10,389
  • Sep-20: £9,995
    Sep-20: £10,415
  • Oct-20: £9,842
    Oct-20: £10,211
  • Nov-20: £10,691
    Nov-20: £10,940
  • Dec-20: £10,912
    Dec-20: £11,138
  • Jan-21: £10,924
    Jan-21: £11,044
    2021
  • Feb-21: £10,918
    Feb-21: £11,054
  • Mar-21: £11,237
    Mar-21: £11,402
  • Apr-21: £11,595
    Apr-21: £11,773
  • May-21: £11,549
    May-21: £11,676
  • Jun-21: £11,878
    Jun-21: £12,085
  • Jul-21: £11,861
    Jul-21: £12,119
  • Aug-21: £12,200
    Aug-21: £12,459
  • Sep-21: £12,056
    Sep-21: £12,220
  • Oct-21: £12,187
    Oct-21: £12,545
  • Nov-21: £12,279
    Nov-21: £12,675
  • Dec-21: £12,519
    Dec-21: £12,824
  • Jan-22: £11,832
    Jan-22: £12,373
    2022
  • Feb-22: £11,655
    Feb-22: £12,084
  • Mar-22: £12,123
    Mar-22: £12,428
  • Apr-22: £11,855
    Apr-22: £12,008
  • May-22: £11,690
    May-22: £11,979
  • Jun-22: £11,115
    Jun-22: £11,464
  • Jul-22: £11,606
    Jul-22: £12,142
  • Aug-22: £11,706
    Aug-22: £12,145
  • Sep-22: £11,081
    Sep-22: £11,504
  • Oct-22: £11,140
    Oct-22: £11,753
  • Nov-22: £11,632
    Nov-22: £12,202
  • Dec-22: £11,474
    Dec-22: £11,693
  • Jan-23: £11,938
    Jan-23: £12,185
    2023
  • Feb-23: £11,870
    Feb-23: £12,024
  • Mar-23: £11,799
    Mar-23: £12,165
  • Apr-23: £11,810
    Apr-23: £12,155
  • May-23: £11,789
    May-23: £12,175
  • Jun-23: £12,018
    Jun-23: £12,479
  • Jul-23: £12,330
    Jul-23: £12,722
  • Aug-23: £12,091
    Aug-23: £12,586
  • Sep-23: £12,003
    Sep-23: £12,492
  • Oct-23: £11,643
    Oct-23: £12,230
  • Nov-23: £12,175
    Nov-23: £12,770
  • Dec-23: £12,725
    Dec-23: £13,267
  • Jan-24: £12,737
    Jan-24: £13,335
    2024
  • Feb-24: £13,048
    Feb-24: £13,848
  • Mar-24: £13,442
    Mar-24: £14,236
  • Apr-24: £13,275
    Apr-24: £13,911
  • May-24: £13,395
    May-24: £14,196
  • Jun-24: £13,777
    Jun-24: £14,556
  • Jul-24: £13,801
    Jul-24: £14,612
  • Aug-24: £13,849
    Aug-24: £14,667
  • Sep-24: £14,017
    Sep-24: £14,730
  • Oct-24: £14,017
    Oct-24: £14,923
  • Nov-24: £14,339
    Nov-24: £15,547
  • Dec-24: £14,208
    Dec-24: £15,410
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 fund9.1%14.8%-8.4%11.0%11.7%
Performance Comparator*11.4%15.1%-8.8%13.5%16.1%
This fund launched in November 2020. 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 its launch. The simulated return takes into account total annual charges 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 80% shares and 20% 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.

Where your money’s invested

This approach aims for more stability, but with slower growth. Our experts review the mix of investments regularly.

Here’s the detail at 31 December 2024

Higher risk

  • 5% - Shares (emerging markets)
  • 4% - Shares (UK)
  • 1% - Real estate investment trusts
  • 6% - Shares (overseas developed)
  • 2% - Bonds (emerging markets)
  • 3% - Bonds (high yield)

Lower risk

  • 17% - Cash
  • 21% - Short maturity bonds
  • 10% - UK Government bonds (Gilts)
  • 16% - Global government bonds
  • 10% - UK corporate bonds
  • 5% - Global corporate bonds
Key:
Higher riskShares (emerging markets): 5%
Higher riskShares (UK): 4%
Higher riskReal estate investment trusts: 1%
Higher riskShares (overseas developed): 6%
Higher riskBonds (emerging markets): 2%
Higher riskBonds (high yield): 3%
Lower riskGlobal corporate bonds: 5%
Lower riskUK corporate bonds: 10%
Lower riskGlobal government bonds: 16%
Lower riskUK Government bonds (Gilts): 10%
Lower riskShort maturity bonds: 21%
Lower riskCash: 17%
What do these terms mean?

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 Liquidity Fund
  2. abrdn Global Government Bond Index Fund
  3. L&G ESG GBP Corporate Bond 0-5 Year Fund ETF
  4. Vanguard UK Government Bond Index Fund
  5. abrdn Short Dated Global Inflation-Linked Bond Tracker Fund
  6. Vontobel TwentyFour Sustainable Short Term Bond Fund
  7. iShares MSCI Emerging Markets ESG Enhanced Units ETF
  8. abrdn Global Inflation-Linked Bond Tracker Fund
  9. abrdn Short Dated Global Corporate Bond Tracker Fund
  10. abrdn ASI Sustainable Index American Equity 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.

Here's the detail at 31 December 2024.

Key:
£7.5k
£10k
£12.5k
  • Dec-19: £10,000
    Dec-19: £10,000
  • Jan-20: £10,123
    Jan-20: £10,138
    2020
  • Feb-20: £10,095
    Feb-20: £10,161
  • Mar-20: £9,709
    Mar-20: £9,849
  • Apr-20: £9,962
    Apr-20: £10,107
  • May-20: £10,104
    May-20: £10,229
  • Jun-20: £10,196
    Jun-20: £10,321
  • Jul-20: £10,238
    Jul-20: £10,396
  • Aug-20: £10,207
    Aug-20: £10,394
  • Sep-20: £10,246
    Sep-20: £10,429
  • Oct-20: £10,232
    Oct-20: £10,390
  • Nov-20: £10,432
    Nov-20: £10,575
  • Dec-20: £10,506
    Dec-20: £10,631
  • Jan-21: £10,488
    Jan-21: £10,566
    2021
  • Feb-21: £10,306
    Feb-21: £10,436
  • Mar-21: £10,381
    Mar-21: £10,461
  • Apr-21: £10,465
    Apr-21: £10,546
  • May-21: £10,488
    May-21: £10,548
  • Jun-21: £10,562
    Jun-21: £10,660
  • Jul-21: £10,688
    Jul-21: £10,772
  • Aug-21: £10,741
    Aug-21: £10,810
  • Sep-21: £10,611
    Sep-21: £10,686
  • Oct-21: £10,675
    Oct-21: £10,717
  • Nov-21: £10,739
    Nov-21: £10,802
  • Dec-21: £10,721
    Dec-21: £10,784
  • Jan-22: £10,539
    Jan-22: £10,574
    2022
  • Feb-22: £10,412
    Feb-22: £10,415
  • Mar-22: £10,375
    Mar-22: £10,282
  • Apr-22: £10,200
    Apr-22: £9,982
  • May-22: £10,153
    May-22: £9,967
  • Jun-22: £9,883
    Jun-22: £9,757
  • Jul-22: £10,112
    Jul-22: £10,063
  • Aug-22: £9,959
    Aug-22: £9,833
  • Sep-22: £9,540
    Sep-22: £9,463
  • Oct-22: £9,624
    Oct-22: £9,471
  • Nov-22: £9,817
    Nov-22: £9,724
  • Dec-22: £9,728
    Dec-22: £9,545
  • Jan-23: £9,920
    Jan-23: £9,789
    2023
  • Feb-23: £9,812
    Feb-23: £9,630
  • Mar-23: £9,904
    Mar-23: £9,818
  • Apr-23: £9,930
    Apr-23: £9,852
  • May-23: £9,853
    May-23: £9,817
  • Jun-23: £9,844
    Jun-23: £9,853
  • Jul-23: £9,926
    Jul-23: £9,891
  • Aug-23: £9,879
    Aug-23: £9,859
  • Sep-23: £9,793
    Sep-23: £9,699
  • Oct-23: £9,751
    Oct-23: £9,603
  • Nov-23: £10,008
    Nov-23: £9,940
  • Dec-23: £10,296
    Dec-23: £10,267
  • Jan-24: £10,207
    Jan-24: £10,259
    2024
  • Feb-24: £10,204
    Feb-24: £10,273
  • Mar-24: £10,357
    Mar-24: £10,401
  • Apr-24: £10,260
    Apr-24: £10,217
  • May-24: £10,287
    May-24: £10,328
  • Jun-24: £10,435
    Jun-24: £10,449
  • Jul-24: £10,523
    Jul-24: £10,617
  • Aug-24: £10,601
    Aug-24: £10,715
  • Sep-24: £10,685
    Sep-24: £10,821
  • Oct-24: £10,612
    Oct-24: £10,722
  • Nov-24: £10,707
    Nov-24: £10,911
  • Dec-24: £10,643
    Dec-24: £10,823
2019 2024
Virgin Money Defensive Fund comparisonDecember 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 fund5.0%2.1%-9.3%5.9%3.4%
Performance Comparator*6.3%1.4%-11.5%7.6%5.4%
This fund launched in November 2020. 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 its launch. The simulated return takes into account total annual charges of 0.40% 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 85% bonds and 15% shares. 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, total return (income reinvested).
Performance comparator changes

Key information

In our important documents you’ll see our Careful Defensive approach and Adventurous Growth approach, which refers to our Virgin Money Defensive Fund and Virgin Money Growth Fund 3. Before applying, please make sure you've read the following.

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