Ongoing charges figure

The annual ongoing charge includes the cost of running the fund. The amount you are charged is based on the value of your investment, and the funds you invest in. The table below outlines the annual ongoing charge for each of our funds.

Fund nameAnnual ongoing charge
Pension Growth Fund 3 (Glidepath fund)0.75%
Pension Defensive Fund (Glidepath fund)0.70%
Pension Growth Fund0.60%
Pension Bond Fund0.60%
Pension Growth Fund 10.75%
Pension Growth Fund 20.75%
Pension Global Share Fund0.75%

The charge is spread over the year and deducted each day from the unit price. The examples shown in the table below are based on a fund value of £1,000.

Ongoing chargeValue throughout the yearTotal deducted annually