This fund changed strategy in October 2021. For the period before October 2021, to help you compare it 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 the strategy change. The simulated return takes into account an annual cost of 0.85% and that the mix of assets are re-balanced once per month.
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 30% shares and 70% 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.
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.
|Mar 2018 to Mar 2019||Mar 2019 to Mar 2020||Mar 2020 to Mar 2021||Mar 2021 to Mar 2022||Mar 2022 to Mar 2023|
|Virgin Money Growth Fund 1||4.1%||-3.2%||12.5%||0.0%||-4.2%|
Source Lipper, total return (income reinvested). The returns shown above for the Virgin Money Growth Fund 1 using index performance aligned to the current asset mix, less the annual fee, to simulate past performance in lieu of actual returns. Lump sum invested 31 March 2018 to 31 March 2023. For details of the performance comparator for each fund please see the respective Key Investor Information Document.
Based on the simulated performance data outlined above, if you had invested £10,000 in the Virgin Money Growth Fund 1 on 31 March 2018, it would be worth £10,852 on 31 March 2023.