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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

Explore both approaches

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 30 June 2024

Higher risk

  • 18% - Shares (emerging markets)
  • 7% - Shares (UK)
  • 5% - Real estate investment trusts
  • 60% - Shares (overseas developed)
  • 0% - Bonds (emerging markets)
  • 3% - Bonds (high yield)

Lower risk

  • 3% - Cash
  • 0% - Short maturity bonds
  • 0% - UK Government bonds (Gilts)
  • 0% - Global government bonds
  • 1% - UK corporate bonds
  • 3% - Global corporate bonds
Key:
Higher riskShares (emerging markets): 18%
Higher riskShares (UK): 7%
Higher riskReal estate investment trusts: 5%
Higher riskShares (overseas developed): 60%
Higher riskBonds (emerging markets): 0%
Higher riskBonds (high yield): 3%
Lower riskGlobal corporate bonds: 3%
Lower riskUK corporate bonds: 1%
Lower riskGlobal government bonds: 0%
Lower riskUK Government bonds (Gilts): 0%
Lower riskShort maturity bonds: 0%
Lower riskCash: 3%
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 30 June 2024.

  1. abrdn Sustainable Index World Equity Fund
  2. iShares MSCI Emerging Markets ESG Enhanced Units Fund
  3. iShares MSCI USA ESG Enhanced Fund
  4. iShares Continental European Equity ESG Index Fund
  5. iShares MSCI Japan ESG Enhanced Fund
  6. iShares UK Equity ESG Index Fund
  7. abrdn Sustainable Index American Equity Fund
  8. abrdn European Equity Tracker Fund
  9. abrdn Liquidity Fund
  10. Amundi Index FTSE EPRA NAREIT Global 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 30 June 2024.

Key:
£7.5k
£10k
£12.5k
£15k
£17.5k
  • Jun-19: £10,000
    Jun-19: £10,000
    2019
  • Jul-19: £10,341
    Jul-19: £10,353
  • Aug-19: £10,188
    Aug-19: £10,244
  • Sep-19: £10,289
    Sep-19: £10,306
  • Oct-19: £10,107
    Oct-19: £10,122
  • Nov-19: £10,274
    Nov-19: £10,319
  • Dec-19: £10,385
    Dec-19: £10,401
  • Jan-20: £10,288
    Jan-20: £10,386
  • Feb-20: £9,801
    Feb-20: £9,984
  • Mar-20: £8,727
    Mar-20: £9,080
  • Apr-20: £9,319
    Apr-20: £9,749
  • May-20: £9,838
    May-20: £10,259
  • Jun-20: £10,165
    Jun-20: £10,536
    2020
  • Jul-20: £10,028
    Jul-20: £10,483
  • Aug-20: £10,326
    Aug-20: £10,805
  • Sep-20: £10,380
    Sep-20: £10,833
  • Oct-20: £10,221
    Oct-20: £10,621
  • Nov-20: £11,102
    Nov-20: £11,379
  • Dec-20: £11,332
    Dec-20: £11,584
  • Jan-21: £11,345
    Jan-21: £11,487
  • Feb-21: £11,338
    Feb-21: £11,497
  • Mar-21: £11,669
    Mar-21: £11,859
  • Apr-21: £12,041
    Apr-21: £12,245
  • May-21: £11,993
    May-21: £12,144
  • Jun-21: £12,334
    Jun-21: £12,570
    2021
  • Jul-21: £12,317
    Jul-21: £12,605
  • Aug-21: £12,668
    Aug-21: £12,958
  • Sep-21: £12,519
    Sep-21: £12,710
  • Oct-21: £12,655
    Oct-21: £13,048
  • Nov-21: £12,750
    Nov-21: £13,184
  • Dec-21: £13,000
    Dec-21: £13,338
  • Jan-22: £12,286
    Jan-22: £12,869
  • Feb-22: £12,098
    Feb-22: £12,568
  • Mar-22: £12,585
    Mar-22: £12,926
  • Apr-22: £12,305
    Apr-22: £12,489
  • May-22: £12,135
    May-22: £12,459
  • Jun-22: £11,538
    Jun-22: £11,924
    2022
  • Jul-22: £12,047
    Jul-22: £12,629
  • Aug-22: £12,152
    Aug-22: £12,632
  • Sep-22: £11,502
    Sep-22: £11,965
  • Oct-22: £11,564
    Oct-22: £12,224
  • Nov-22: £12,073
    Nov-22: £12,692
  • Dec-22: £11,910
    Dec-22: £12,162
  • Jan-23: £12,392
    Jan-23: £12,673
  • Feb-23: £12,322
    Feb-23: £12,506
  • Mar-23: £12,248
    Mar-23: £12,653
  • Apr-23: £12,259
    Apr-23: £12,642
  • May-23: £12,238
    May-23: £12,663
  • Jun-23: £12,476
    Jun-23: £12,979
    2023
  • Jul-23: £12,800
    Jul-23: £13,232
  • Aug-23: £12,551
    Aug-23: £13,090
  • Sep-23: £12,461
    Sep-23: £12,993
  • Oct-23: £12,087
    Oct-23: £12,720
  • Nov-23: £12,638
    Nov-23: £13,282
  • Dec-23: £13,210
    Dec-23: £13,799
  • Jan-24: £13,222
    Jan-24: £13,870
    2024
  • Feb-24: £13,545
    Feb-24: £14,404
  • Mar-24: £13,955
    Mar-24: £14,807
  • Apr-24: £13,781
    Apr-24: £14,469
  • May-24: £13,905
    May-24: £14,765
  • Jun-24: £14,318
    Jun-24: £15,140
2019 2024

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 fund1.7%21.4%-6.4%8.2%14.7%
Performance Comparator*5.4%19.3%-5.1%8.9%16.7%
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, 30 June 2019 to 30 June 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 30 June 2024

Higher risk

  • 5% - Shares (emerging markets)
  • 1% - Shares (UK)
  • 1% - Real estate investment trusts
  • 7% - Shares (overseas developed)
  • 1% - Bonds (emerging markets)
  • 1% - Bonds (high yield)

Lower risk

  • 17% - Cash
  • 22% - Short maturity bonds
  • 15% - UK Government bonds (Gilts)
  • 21% - Global government bonds
  • 4% - UK corporate bonds
  • 5% - Global corporate bonds
Key:
Higher riskShares (emerging markets): 5%
Higher riskShares (UK): 1%
Higher riskReal estate investment trusts: 1%
Higher riskShares (overseas developed): 7%
Higher riskBonds (emerging markets): 1%
Higher riskBonds (high yield): 1%
Lower riskGlobal corporate bonds: 5%
Lower riskUK corporate bonds: 4%
Lower riskGlobal government bonds: 21%
Lower riskUK Government bonds (Gilts): 15%
Lower riskShort maturity bonds: 22%
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 30 June 2024.

  1. abrdn Liquidity Fund
  2. Vanguard UK Government Bond Index Fund
  3. abrdn Global Government Bond Index Fund
  4. abrdn Global Inflation-Linked Bond Tracker Fund
  5. Vontobel TwentyFour Sustainable Short Term Bond Fund
  6. abrdn Short Dated Global Inflation-Linked Bond Tracker Fund
  7. abrdn Short Dated Global Corporate Bond Tracker Fund
  8. abrdn Sustainable Index American Equity Fund
  9. iShares MSCI Emerging Markets ESG Enhanced Fund
  10. L&G ESG GBP Corporate Bond 0-5 Year 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 30 June 2024.

Key:
£7.5k
£10k
£12.5k
  • Jun-19: £10,000
    Jun-19: £10,000
    2019
  • Jul-19: £10,144
    Jul-19: £10,119
  • Aug-19: £10,259
    Aug-19: £10,275
  • Sep-19: £10,247
    Sep-19: £10,237
  • Oct-19: £10,147
    Oct-19: £10,179
  • Nov-19: £10,141
    Nov-19: £10,199
  • Dec-19: £10,128
    Dec-19: £10,186
  • Jan-20: £10,252
    Jan-20: £10,326
  • Feb-20: £10,224
    Feb-20: £10,350
  • Mar-20: £9,834
    Mar-20: £10,032
  • Apr-20: £10,090
    Apr-20: £10,295
  • May-20: £10,233
    May-20: £10,419
  • Jun-20: £10,326
    Jun-20: £10,513
    2020
  • Jul-20: £10,369
    Jul-20: £10,589
  • Aug-20: £10,338
    Aug-20: £10,587
  • Sep-20: £10,377
    Sep-20: £10,623
  • Oct-20: £10,361
    Oct-20: £10,583
  • Nov-20: £10,562
    Nov-20: £10,771
  • Dec-20: £10,638
    Dec-20: £10,828
  • Jan-21: £10,619
    Jan-21: £10,762
  • Feb-21: £10,436
    Feb-21: £10,629
  • Mar-21: £10,510
    Mar-21: £10,656
  • Apr-21: £10,596
    Apr-21: £10,742
  • May-21: £10,619
    May-21: £10,744
  • Jun-21: £10,695
    Jun-21: £10,858
    2021
  • Jul-21: £10,821
    Jul-21: £10,972
  • Aug-21: £10,876
    Aug-21: £11,011
  • Sep-21: £10,743
    Sep-21: £10,885
  • Oct-21: £10,808
    Oct-21: £10,916
  • Nov-21: £10,874
    Nov-21: £11,002
  • Dec-21: £10,855
    Dec-21: £10,984
  • Jan-22: £10,671
    Jan-22: £10,770
  • Feb-22: £10,543
    Feb-22: £10,608
  • Mar-22: £10,505
    Mar-22: £10,473
  • Apr-22: £10,328
    Apr-22: £10,168
  • May-22: £10,281
    May-22: £10,152
  • Jun-22: £10,006
    Jun-22: £9,939
    2022
  • Jul-22: £10,239
    Jul-22: £10,250
  • Aug-22: £10,084
    Aug-22: £10,016
  • Sep-22: £9,660
    Sep-22: £9,638
  • Oct-22: £9,744
    Oct-22: £9,647
  • Nov-22: £9,940
    Nov-22: £9,904
  • Dec-22: £9,850
    Dec-22: £9,722
  • Jan-23: £10,044
    Jan-23: £9,971
  • Feb-23: £9,934
    Feb-23: £9,809
  • Mar-23: £10,028
    Mar-23: £10,000
  • Apr-23: £10,053
    Apr-23: £10,035
  • May-23: £9,975
    May-23: £9,999
  • Jun-23: £9,967
    Jun-23: £10,036
    2023
  • Jul-23: £10,050
    Jul-23: £10,074
  • Aug-23: £10,002
    Aug-23: £10,042
  • Sep-23: £9,915
    Sep-23: £9,879
  • Oct-23: £9,872
    Oct-23: £9,781
  • Nov-23: £10,133
    Nov-23: £10,125
  • Dec-23: £10,425
    Dec-23: £10,457
  • Jan-24: £10,334
    Jan-24: £10,449
    2024
  • Feb-24: £10,331
    Feb-24: £10,464
  • Mar-24: £10,487
    Mar-24: £10,594
  • Apr-24: £10,387
    Apr-24: £10,407
  • May-24: £10,415
    May-24: £10,520
  • Jun-24: £10,565
    Jun-24: £10,643
2019 2024
Virgin Money Defensive Fund comparisonJune 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 fund3.3%3.6%-6.4%-0.4%6.0%
Performance Comparator*5.1%3.3%-8.5%1.0%6.0%
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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