Investment

Investment – the driving force behind a comfortable retirement

The NOW: Pensions investment solution has been developed over a number of years. During the growth phase, contributions are invested in the Diversified Growth Fund which actively adopts a risk managed approach.  As retirement approaches, funds are gradually switched towards the 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. The strategy extensively utilises the ATP risk infrastructure.” – Redington 2017

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 that this approach is beneficial to the long term wellbeing 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.

Investment strategy document – For an overview of our approach to investment, please click here

Diversified Growth Fund – For a detailed explanation of how we manage the Diversified Growth Fund, please click here.

Statement of Investment Principles – For the investment principles, beliefs and policies of the Trustee, please click here.

Investor Protection – For an understanding of how we keep our members’ money safe, please click here

Social Responsibility in Investments – For the SRI principles and policies adopted by the Trustee, please click here.

Latest unit prices – For the latest unit prices of our funds, as well as historical prices, please  click here.

Latest quarterly fund fact sheet

DGF

Quarter 3 DGF 2017

RCF

Quarter 3 RCF 2017

Historical quarterly fund fact sheets

DGF
Quarter 1 RCF 2017
RCF thumbnail

Quarter 1 RCF 2017

DGF

Quarter 2 DGF 2017

RCF thumbnail

Quarter 2 RCF 2017

DGF April 100x134

Quarter 4 2016

 

DGF April 100x134
Quarter 3 2016

 

DGF April 100x134

Quarter 2 2016

DGF April 100x134

Quarter 1 2016

DGF Portfolio June - 100 x 134

Quarter 4 2015

DGF April 100x134

Quarter 3 2015

DGF Portfolio June - 100 x 134

Quarter 2 2015

DGF Portfolio June - 100 x 134

Quarter 1 2015

DGF Portfolio June - 100 x 134

Quarter 4 2014

DGF April 100x134

Quarter 3 2014

DGF Portfolio June - 100 x 134

Quarter 2 2014

DGF Portfolio June - 100 x 134

Quarter 1 2014

Annual Commentary

Annual commentary 2015

2015

 

I am excited to be joining such a distinguished Board of Trustees, over-seeing a modern, transparent, cost efficient and high-performing pension fund. — Win Robbins, former Head of European Fixed Income Barclays Global Investors
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
I am backing NOW: Pensions, the ATP project, because I believe it will encourage transparency, low costs and decent returns for millions of British employees. — Nigel Waterson, former Shadow Pensions Minister
Why do we insist on having a choice of fund manager when the evidence shows there is usually no benefit to be gained…and there is always a negative impact in terms of cost? — Anthony Hilton financial editor of the Evening Standard writing in Pensions World, June 2013
I'm excited by the opportunity to help bring to the UK auto-enrolment market NOW: Pensions, a customer-friendly and responsive trust-based alternative to NEST and to contract-based offerings. — Chris Daykin, the former Government Actuary