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 Retirement Countdown Fund (Series I) NOWF8130852 Retirement Countdown Fund (Series II) NOWF8130842

 

Growth Strategy NOWF8130832

 

25/03/2020 123.4711 123.4927 141.4786
18/03/2020 123.4595 123.481 131.5075
11/03/2020 123.4477 123.4692 159.9142
04/03/2020 123.436 123.4573 164.7733
26/02/2020 123.4231 123.4444 168.1107
19/02/2020 123.4117 123.4326 171.6888
12/02/2020 123.4004 123.4208 169.9646
05/02/2020 123.3875 123.408 168.4942
29/01/2020 123.3733 123.3939 170.121
22/01/2020 123.3603 123.3809 170.6769
15/01/2020 123.3468 123.3675 169.661
08/01/2020 123.3335 123.3543 167.1833
02/01/2020 123.3193 123.34 167.4322

 

View more unit prices for our funds, plus historical prices.

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.

Social Responsibility in Investments (SRI)see the SRI principles and policies adopted by the Trustee.

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 Q4 2019 fund fact sheet

Diversified Growth Fund (DGF) Q4 2019

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