Straightforward Pension
What would past performance for our new funds look like?
Up until November 2020, the funds in your straightforward pension were our Pension Growth Fund and Pension Bond and Gilt Fund. You can see how these and our other pension funds performed in the links below.
Your straightforward pension now invests in our Pension Growth Fund 3 and Pension Defensive Fund. These funds launched in November 2020. For the period before November 2020, to help you compare them with other funds we have replicated the performance of the markets the funds invest in, to give an indication of what the performance may have been prior to its launch. The simulated return takes into account that the mix of assets are re-balanced once per month and includes annual costs of 0.85% for Growth Fund 3 and 0.70% for the Pension Defensive Fund.
Check out the table below for a quick look at how they might have performed.
| Fund | Sept 2015 to Sept 2016 | Sept 2016 to Sept 2017 | Sept 2017 to Sept 2018 | Sept 2018 to Sept 2019 | Sept 2019 to Sept 2020 |
|---|---|---|---|---|---|
| Pension Growth Fund 3 | 26.4% | 12.6% | 8.7% | 6.1% | 0.5% |
| Growth comparator | 26.0% | 12.0% | 10.6% | 8.2% | 5.5% |
| Pension Defensive Fund | 9.8% | 0.4% | 1.2% | 6.5% | 1.0% |
| Defensive comparator | 1.2% | 1.0% | 1.2% | 1.5% | 1.1% |
Source Lipper, total return (income reinvested). The returns shown above for the Virgin Money funds uses index performance aligned to the current asset mix, less the annual fee, to simulate past performance in lieu of actual returns. Lump sum invested 30/9/15 to 30/9/20. For details of the performance comparator for each fund please see the respective Key Investor Information Document.
Remember, past performance isn't 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.
Performance graph
The graph below shows the performance of the Virgin Pension Growth Fund 3 and Virgin Pension Defensive Fund.
- Based on the simulated performance data outlined above, if you had invested £10,000 in the Virgin Money Pension Growth Fund 3 on 30 September 2010, it would be worth £22,155 after charges on 30 September 2020.
- Based on the simulated performance data outlined above, if you had invested £10,000 in the Virgin Money Pension Defensive Fund on 30 September 2010, it would be worth £14,213 after charges on 30 September 2020.
Pension Bond, Gilt and UK Share Fund