Personal Portfolio Funds

We’re making some changes

What’s changing?

  • We’re reducing the amount of UK shares and UK investment grade bonds we hold within the Fund(s) and moving to a more global approach.
  •  We will start screening investment grade bonds in line with our responsible investing policy.

Why are these changes being made?

The Funds currently invest in shares and bonds from all over the world, however to date have favoured those in the UK. The Funds will now invest more outside of the UK, which we, as investment manager, believe should help improve your long-term returns.

We believe that moving to a global approach for the Fund means investors will benefit from increased diversification. This applies both to regional and currency exposure, increasing global investment opportunities for the investment manager. Being global will also provide a reduction in the underlying future transaction costs which will be reflected in the performance of the underlying assets.

When investing in shares, we aim to apply a screening process to reduce the Fund’s exposure to companies that are not aligned with our responsible investing policy or long-term climate commitments. We’ll now also apply this approach to the investment grade bonds.

What you need to do

Nothing.  While these changes are important, there’s nothing you need to do. 

When do the changes happen?

The changes will become effective on the following dates:

Help and support

Got a question? Our FAQs might have the answer.

Speak to our team

If you'd prefer to speak to us, you can call the Help and Support team on 0345 304 1005. Relay UK: 18001 0345 304 1005.

Our lines are open Monday to Friday, from 9.30am to 5.00pm. We're closed Bank Holidays. Calls may be recorded.

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