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
03/03/21 170.0293 123.5890 123.6175
24/02/21 172.8768 123.5943 123.6227
17/02/21 175.9492 123.5989 123.6273
10/02/21 176.6690 123.6035 123.6320
03/02/21 175.3690 123.6079 123.6363
27/01/21 175.2503 123.6124 123.6410
20/01/21 176.9895 123.6160 123.6446
13/01/21 176.2522 123.6196 123.6482
06/01/21 176.0062 123.6231 123.6518
31/12/20 174.2691 123.6252 123.6538
29/12/20 173.9923 123.6273 123.6557
22/12/20 171.8482 123.6303 123.6590
16/12/20 172.6379 123.6325 123.6612
09/12/20 171.6353 123.6352 123.6639
02/12/20 170.1304 123.6378 123.6665
25/11/20 169.8935 123.6408 123.6696
18/11/20 168.8437 123.6423 123.6707
11/11/20 167.3544 123.6438 123.6718
04/11/20 164.4189 123.6449 123.6726
28/10/20 159.7056 123.6466 123.6741
21/10/20 164.0407 123.6460 123.6731
14/10/20 165.0009 123.6454 123.6720
07/10/20 163.0360 123.6448 123.6708
30/09/20 161.8852 123.6442 123.6697
23/09/20 160.6433 123.6433 123.6684
16/09/20 164.8704 123.6411 123.6656
09/09/20 163.4066 123.6389 123.6628
02/09/20 164.9055 123.6367 123.6601
26/08/20 164.5058 123.6348 123.6577
19/08/20 164.5687 123.6320 123.6540
12/08/20 164.9105 123.6291 123.6504
05/08/20 164.8017 123.6248 123.6460
29/07/20 164.0383 123.6213 123.6423
22/07/20 163.2765 123.6154 123.6363
15/07/20 161.2233 123.6092 123.6301
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

 

Published Unit Prices Master plus historical prices

View historical fund fact sheets

Read an overview of our investment strategy

Read our Statement of Investment Principles

Investor Protectionsee how we keep our members’ money safe

 

Latest quarterly fund fact sheets

Diversified Growth Fund (DGF) Q3 2020

 

 

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