VIRGIN PENSION GLOBAL SHARE FUND

Invests in shares across different countries and regions, giving you real geographic diversity.

Typical Fund Mix

25% in UK shares.
50% in overseas shares.
25% in emerging market shares.

Where your money's invested

This fund provides the greatest geographic diversity of all our funds and also invests 100% in shares to aid growth potential. Around 25% of your money is invested in UK Shares, 50% in developed overseas markets such as US, Europe and Japan and 25% in emerging market shares.

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. Investing across lots of countries helps to spread the investment risk, reducing the effect of ups and downs from just one market on your investment.

Our UK shares are spread across the 500+ companies on the FTSE All-Share Index. In this way we diversify your investment across a range of sectors including Resources, Travel and Leisure, Financial Services, Oil and Gas, and Construction.
Overseas shares in developed markets such as the US and Europe gives you more geographic diversity, which can help reduce risk.
Emerging market shares provides exposure to some of the fastest growing regions of the World, such as China, which can lead to higher returns, but the risks are greater.

Which regions?

The following is up-to-date as of 31 December 2022

25.8%	UK
25.1%	Asia Pacific
24.0%	Emerging Markets
13.3%	Europe (excluding UK)
11.8%	North America

Top Holdings

The following is up-to-date as of 31 December 2022

17.5%	Virgin Money UK Index Tracking Trust
13.4%	abrdn Emerging Markets Equity Tracker
13.3%	abrdn European Equity Tracker Fund
12.5%	SSGA Asia Pacific ex Japan Equity Tracker Fund
12.5%	abrdn Japan Equity Tracker Fund
11.8%	SSGA North America Equity Tracker Fund
10.5%	Vanguard Emerging Markets Stock Index Fund
8.2%	abrdn UK All Share Tracker

How has this fund performed in recent years?

Before choosing a fund to invest in its important to understand how the fund has performed over the years. The table below shows year-on-year performance for the past 5 years.

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.

Percentage growth

	Dec 2017 to Dec 2018	Dec 2018 to Dec 2019	Dec 2019 to Dec 2020	Dec 2020 to Dec 2021	Dec 2021 to Dec 2022
Virgin Money Pension Global Share Fund	-9.2%	16.4%	5.8%	9.0%	-6.7%
Benchmark	-7.6%	17.7%	7.5%	10.3%	-5.1%

Source: Lipper, year on year, 31 December 2017 to 31 December 2022, bid to bid with net income reinvested.

Benchmark consists of 25% FTSE All-Share Index, 12.5% FTSE World North America Index, 12.5% FTSE All World Developed Europe ex UK Index, 12.5% FTSE Japan Index, 12.5% FTSE All World Developed Asia Pacific ex Japan Index, and 25% MSCI Emerging Markets Index.

If you had invested £10,000 in the Virgin Global Share Fund on 31 December 2017, it would be worth £11,370 after charges on 31 December 2022.

Charges and account information

Charges

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

Annual ongoing charge	0.75%
Other fees	None

Other information

Min balance	From £1
Tax relief	All contributions automatically topped up by 25%. You may be able to claim more. Show risk vs reward help Close risk vs reward help Tax relief means the taxman tops up each pension payment by 25%, whether you're employed, self-employed or not employed. Each year, most people can contribute tax-free up to the lower of 100% of your salary or £40,000. However the rules can be complicated so if you are unsure visit HMRC's Tax On Your Private Pension Contributions Link opens in a new window for more information. If you earn £200,000 or more the rules for you are different and you should read about the Government’s new tapered annual allowance Link opens in a new window. Tax depends on your individual circumstances and may change in the future.
Regular payments	Start and stop your payments or change your payment amount whenever you need to.
Pay in additional lump sums	At any time
Switch funds	At any time
Employer contributions allowed	Yes
Transfers allowed	Yes
Service	24/7 online access and UK-based call centres
FSCS protection	Up to £85,000 of your pension savings are protected by the FSCS

Please bear in mind, the value of your investment can go down as well as up and you may get back less than you invest. Tax benefits and tax rules depend on individual circumstances and may change in the future. The earliest you can normally take your pension savings is your 55th birthday. If you stop or reduce your payments you will reduce the amount you get back from your pension.

You do not have the right to cancel stock market based investments like the Virgin Stakeholder Pension that are sold over the phone or online.

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

Take a look at our other funds