Investment

Our investment strategy – the driving force behind a comfortable retirement

The NOW: Pensions investment strategy has been developed over a number of years. During the growth phase, contributions are invested in our Diversified Growth Fund which actively adopts a risk-managed approach.

As retirement approaches, funds are gradually switched towards our Retirement Countdown Fund which is designed to reduce the overall risk exposure.

“The team think deeply about portfolio construction and risk factor correlations. Particular attention is paid to volatility and stress scenarios where they use expected shortfall to measure risk.” – Redington

Clear objective – We aim to provide an investment solution that represents good value and secures good outcomes for members over the long term. We aim to achieve this by seeking to optimise returns relative to the risk taken.

Straightforward strategy – We work on the principle that over the long term, diversification of assets provides higher risk adjusted returns.  This approach provides an effective form of protection because in normal markets, assets with different return characteristics behave in different ways.

Simple choice – Members are not asked to make any investment decisions. Instead, the NOW: Pensions Trustee Board shoulders responsibility for the investment strategy.  We believe this approach is beneficial to the long term well-being of our members who appreciate the reassurance of knowing that someone else is managing their investments and taking responsibility for their long-term savings needs.

Latest unit prices for our funds

 

 

 

Valuation Date Diversified Growth Fund NOWF8130832 Retirement Countdown Fund (Series I) NOWF8130852 Retirement Countdown Fund (Series II) NOWF8130842
08/07/20 159.3806 123.6031 123.6239
01/07/20 157.5735 123.5970 123.6176
24/06/20 156.8413 123.5906 123.6112
17/06/20 158.7361 123.5823 123.6030
10/06/20 159.9443 123.5739 123.5948
03/06/20 158.2485 123.5656 123.5865
27/05/20 155.5547 123.5572 123.5782
20/05/20 153.7063 123.5490 123.5702
13/05/20 151.0296 123.5395 123.5610
06/05/20 151.2840 123.5299 123.5514
29/04/20 155.3398 123.5203 123.5418
22/04/20 150.6604 123.5112 123.5328
15/04/20 150.9560 123.5009 123.5226
08/04/20 146.9576 123.4907 123.5123
01/04/20 144.4119 123.4805 123.5021
25/03/20 141.4786 123.4711 123.4927

 

View more unit prices for our funds, plus historical prices

View historical fund fact sheets

View our blog on investment performance and the Coronavirus

Read an overview of our investment strategy

Read our Statement of Investment Principles

Investor Protectionsee how we keep our members’ money safe

Change of investment manager to Cardano Risk Management –  June 2019

 

Latest quarterly fund fact sheets

A picture of the front page of the Diversified Growth Fund Q1 2020 fund fact sheet

Diversified Growth Fund (DGF) Q1 2020

Quarter 3 RCF 2019

 

NOW: Pensions has a good technical infrastructure combined with a pension product suitable for our team. We couldn’t be happier with NOW: Pensions.
Martin Woods, SALT.agency