VIRGIN UK FTSE ALL-SHARE FUND

Invests in the 500+ companies on the FTSE All-Share Index.

At a glance

Potential for better growth than cash savings but with a higher risk to your investment.
You can access your money whenever you need to, but you should be ready to invest for at least five years.

Benefit from the long-term potential of the whole Index rather than the movement of the individual shares.
This fund normally pays dividends which can be re-invested or withdrawn every six months - useful if you need an income from your savings.

Your Money Investment Awards 2023 - Virgin Money Winner of Best Investment ISA award

Typical Fund Mix

100% in UK shares, across 500+ companies on the FTSE All-Share Index.

Where your money's invested

This fund invests 100% in UK shares, spread across the 500+ companies on the FTSE All-Share Index. Shares offer higher potential returns but with a higher risk of ups and downs than assets like bonds, this can impact the amount you get back.

Top sectors

The following is up-to-date as of 30 September 2023

22.7%	FinancialsShow Financials help Close Financials help Includes companies that provide financial service to commercial and retail customers e.g. banks.
14.7%	Consumer staplesShow Consumer help Close Consumer help Includes industries like food, drink and household goods.
11.8%	IndustrialsShow Industrials help Close Industrials help Includes industries that produce goods used in construction and manufacturing
11.7%	Consumer discretionaryShow Consumer discretionary help Close Consumer discretionary help Includes industries creating non-essential products that may only be purchased when excess cash is available.
11.1%	HealthcareShow Healthcare help Close Healthcare help Includes companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance.
11.0%	EnergyShow Energy help Close Energy help Includes industries like alternative energy, oil and gas companies.
7.0%	Basic materialsShow Basic materials help Close Basic materials help Includes companies that discover, develop and process raw materials.
3.5%	UtilitiesShow Utilities help Close Utilities help Includes businesses that provide utility services e.g. gas and electricity.
2.3%	Real estateShow Real estate help Close Real estate help Includes property and land.
1.2%	TelecommunicationsShow Telecommunications help Close Telecommunications help Includes providers of telecom equipment and services, as well as wireless communication.

Top shares

The following is up-to-date as of 30 September 2023

7.6%	Shell Plc
7.1%	AstraZeneca Plc
5.5%	HSBC Holdings Plc
4.4%	Unilever Plc
3.9%	BP Plc
2.9%	Diageo Plc
2.6%	GSK Plc
2.5%	Glencore Plc
2.5%	British American Tobacco Plc
2.4%	Rio Tinto Plc

How has this fund performed in recent years?

Five years

The table below shows year-on-year performance for the past 5 years compared with the fund benchmark.

	Sept 2018 to Sept 2019	Sept 2019 to Sept 2020	Sept 2020 to Sept 2021	Sept 2021 to Sept 2022	Sept 2022 to Sept 2023
Virgin UK Index Tracker	1.9%	-17.1%	27.3%	-4.6%	13.2%
Benchmark	2.7%	-16.6%	27.9%	-4.0%	13.8%

Source: Lipper, year on year, 30.09.18 to 30.09.23, bid to bid with net income reinvested.

What’s the benchmark and why is it higher?

The fund benchmark is the stock market index that the fund aims to match (or ‘track’). This index is only meant to be a guide to how markets are performing. You can’t invest in it.

You can invest in a fund that tracks the benchmark. As that fund will include any fees for managing your investment, you’d expect the benchmark to perform better than the fund itself.

More information on benchmarks

You can get a full breakdown of the benchmark index for each of our funds in the Key Investor Information (PDF, 115 KB).

As well as not including fees, benchmarks are different to funds in other ways too.

From time to time, organisations who manage an index may change the companies within it. For the benchmark index, this happens straightaway. But Virgin Money need to buy or sell investments in our fund to match those changes. This takes us a little time and there’s a cost to buying and selling these investments.

Other factors like taxation and the costs of managing money sometimes affect our fund too, but they don’t affect the benchmark in the same way.

If you had invested £10,000 in the Virgin UK FTSE All-Share Fund on 30 September 2018, it would be worth £11,618 after charges on 30 September 2023.

Remember, past performance is not a reliable guide to the future. The value of your investment can go down as well as up, and you may get back less than you invest. This is a medium to long term investment so you should be prepared to invest your money for at least 5 years.

Charges and account information

Charges

With this fund you'll only pay the annual ongoing charge.

Annual ongoing charge	0.60%
Performance fee	None
Entry / Exit / Switch funds charge	None

Key investor information

Download the Key investor informationPDF opens in a new window
(PDF, 115 KB)

Other information

Min opening investment	From £1
Monthly payments allowed	Yes. From £1.
Additional lump sums	Yes. From £1.
Maximum balance	Unlimited
Withdrawals	At any time
Suggested term	Minimum five years
Switch funds	At any time
Fund management	Passive (index tracker)Show risk vs reward help Close risk vs reward help A fund where shares and other assets are bought and sold to match (‘track’) an index or indices. This contrasts with an actively managed fund, where shares and other assets are picked by a fund manager.
FSCS protection	Up to £85,000

Remember, you can only subscribe to one Cash ISA, one Stocks and Shares ISA, one Innovative Finance ISA and one Lifetime ISA in each tax year, up to the current combined annual subscription limit of £20,000. The value of your investments can go down as well as up and you may get back less than you invest.

This is a medium to long-term investment so you should be prepared to invest your money for at least five years. Tax depends on your individual circumstances and the regulations may change in the future.

Already got a Virgin Money Stocks and Shares ISA?

To invest please make sure you’ve seen the PDF opens in a new window Key Investor Information and ways to top up your ISA.

If you need help give us a call on

03456 10 20 20

We're here from 8am to 9pm Monday to Friday, 9am to 6pm Saturday.
Sorry, we're not open on bank holidays.

Call charges and information

Number	Cost
03 numbers	Same as calls to 01 or 02 numbers and they are included in inclusive minutes and discount schemes in the same way.
084 numbers	Maximum of 7p per minute, plus your phone company's access charge.
087 numbers	Maximum of 13p per minute, plus your phone company's access charge.
0800 numbers	Free from UK landlines and personal mobile phones.

Calls may be recorded for training and quality purposes.

Want to transfer an ISA to us?

If you have an ISA with another provider it is quick and easy to transfer to us

Our other funds

You can invest in any of our funds within your ISA, in any combination, and switch between them whenever you like, for no extra charge.

Take a look at our other funds

The Virgin UK Index Tracking Trust (the “Fund”) has been developed solely by Virgin Money Unit Trust Managers Limited. The Fund is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies.

All rights in the FTSE All-Share Index (the “Index”) vest in the relevant LSE Group company which owns the Index. “FTSE®” is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Fund. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Fund or the suitability of the Index for the purpose to which it is being put by Virgin Money Unit Trust Managers Limited.