Adastral Park - Martlesham

Section A

Pre-December 2019 AVC range

Our AVC range changed on 2 December 2019

The following AVC funds are no longer accepting contributions or switches in from other BTPS AVCs. The funds you have already built up will remain invested in these funds. If you wish to switch your AVC funds to one of the Standard Life options listed on the AVC investment options page, you can do so using the Pension portal.

BlackRock UK Equity Index Fund

This fund aims to achieve capital growth for investors over the long-term by tracking closely the performance of the FTSE All Share Index, a market capitalisation weighted index of common stocks of companies listed in the UK.

There is a total annual charge of 0.42% a year, deducted on a monthly basis from your accumulated fund.

You can download the factsheet for this fund here.

BlackRock Global Equity Fund

This fund aims to achieve capital growth for investors over the long-term by investing in shares of UK and overseas companies. The fund consists of two equally weighted sleeves – one closely tracks performance of the FTSE All Share Index, whilst the other looks to outperform a market capitalisation weighted index of common stocks of companies listed in other developed countries.

 There is a total annual charge of 0.71% a year, deducted on a monthly basis from your accumulated fund.

You can download the factsheet for this fund here.

Equitable Life Managed (unit linked) Fund

The Fund seeks to provide a long term growth of capital by investing in a diversified portfolio off assets including shares of UK and overseas companies, government and corporate bonds and property.

There is a total annual charge of 0.75% a year, deducted on a monthly basis from your accumulated fund.

You can download the factsheet for this fund here.

Equitable Life With-Profits Fund

This unitised with-profits fund invests in a conservative asset mix dominated by cash and government bonds with a minimal exposure to corporate bonds and other asset classes.

Charges for administration expenses, investment management and the cost of guarantees are not taken directly from the Fund but are deducted before any bonuses are paid.

Care: If you are considering taking your With-Profits Fund before 1 January 2020, either by retiring or by transferring out, you would not be eligible for the increased enhancement to the value of your fund under the Guarantee Exchange Scheme, if it is approved. We strongly suggest you take financial advice if you are considering taking your benefits now. Please see the Equitable Life website for more details.

LGIM UK Equity Index Fund

This fund aims to capture the returns of the UK equity market. It tracks the FTSE All-Share Index and invests primarily in UK equities.

There is a total annual charge of 0.41% a year, deducted on a monthly basis from your accumulated fund.

You can download the factsheet for this fund here.

LGIM Global Equity Fixed Weights (50:50) Index Fund

This fund provides access to the UK and overseas equity markets via index tracking funds and aims to capture global equity market returns. It is invested broadly 50% in UK equities and 50% in overseas equities.

There is a total annual charge of 0.48% a year, deducted on a monthly basis from your accumulated fund.

You can download the factsheet for this fund here.

Standard Life With-Profits Fund

This unitised with-profits fund invests in a wide spread of UK and overseas shares, property holdings and government and corporate bonds. Bonuses are paid, usually in February, according to current investment conditions. When benefits are paid a terminal bonus in respect of returns and profits not already taken into account may be paid. It should be remembered that the terminal bonus is subject to the insurer’s continued solvency and the amount may fluctuate with the underlying asset performance.

Charges for administration expenses, investment management and the cost of guarantees are not taken directly from the fund but are taken account of before any bonuses are paid.

You can download the factsheet for this fund here.

The total annual charges quoted are made up of an annual management charge (AMC) and variable expenses, less any discount negotiated for BTPS members. Charges are not fixed and can go up or down over time.