The Target Date Funds used as the default investment arrangement for members of the DC Section of the Scheme are a ‘wrapper’ fund which invest in a blend of underlying bond, equity and diversified funds.
In line with The Pension Regulator’s guidance, for a ‘wrapper’ fund such as a Target Date Fund, the ISIN / SEDOL for the underlying funds must be provided, not the wrapper fund itself. It is important to note however that the mix of underlying funds and investment types in which a Target Date Fund is invested in changes over time to provide a smoother investment journey towards a targeted retirement date.
You should therefore refer to the current fund factsheet which explains the current and future distribution of investment types. You can download the factsheets for each of the Target Date Funds here.
Below we have provided the ISINs for the underlying funds at this point in time. We have also provided a link to an external fund platform where you can find more information about each fund.
Please note that the information below is reviewed and updated quarterly.
Asset Class | Underlying Fund | ISIN | Fund platform link |
ESG Global Developed Equities | BlackRock Aquila Connect AB Global Equities | GB00BN08YV38 | View fund platform link |
BlackRock Aquila Connect AB Global Equities (Hedged) | GB00BN08YW45 | View fund platform link | |
ESG Global Multi-Factor Equities | Amundi Global Multi-Factor Equity | FR0013443215 | View fund platform link |
ESG Emerging Markets ex-China Equities | Amundi Index MSCI Emerging Markets Ex-China ESG | LU2345046655 | View fund platform link |
ESG China Equities | Amundi China Equities ESG | LU2343997487 | View fund platform link |
ESG Global Small Cap Equities | BlackRock ACS World Small Cap ESG Screened | GB00BN33TJ89 | View fund platform link |
Global Climate Transition Equities | Amundi MSCI World Climate Transition | LU1948821811 | View fund platform link |
Private Equity | iShares Core MSCI World UCITS ETF | IE00BMZ17T93 | View fund platform link |
HgCapital Trust Plc | GB00BJ0LT190 | View fund platform link | |
BlackRock ACS World Small Cap ESG Screened | GB00BN33TJ89 | View fund platform link | |
3i Group Plc | GB00B1YW4409 | View fund platform link | |
Onex Corporation | CA68272K1030 | View fund platform link | |
Brookfield Business Partners | BMG162341090 | View fund platform link | |
KKR & Co Inc | US48251W1045 | View fund platform link | |
Blackstone Group | US09260D1072 | View fund platform link | |
Oakley Capital Investment Ltd | BMG670131058 | View fund platform link | |
Eurazeo Sa | FR0000121121 | View fund platform link | |
Apax Global Alpha | GG00BWWYMV85 | View fund platform link | |
HarbourVest Global Private Equity | GG00BR30MJ80 | View fund platform link | |
Global Property | Amundi Index FTSE EPRA NAREIT Global | LU1854486229 | View fund platform link |
Sustainable Opportunities | Amundi Index MSCI World SRI | LU2022263029 | View fund platform link |
Cordiant Digital Infrastructure Ltd | GG00BMC7TM77 | View fund platform link | |
The Renewables Infrastructure Group | GG00BBHX2H91 | View fund platform link | |
Pantheon Infrastructure | GB00BLNNFL88 | View fund platform link | |
iShares MSCI World SRI UCITS ETF | IE00BMZ17T93 | View fund platform link | |
Asian Energy Impact Trust Plc | GB00BLBJFZ25 | View fund platform link | |
Octopus Renewables Infrastructure Trust Plc | GB00BJM02935 | View fund platform link | |
Commodities | iShares Bloomberg Roll Select Commodities | IE00B79N2S02 | View fund platform link |
ESG Global Corporate Bonds (AB Blended Global Bond) | iShares ESG Screened Global Corporate Bond Index Fund Hedged | IE00BP2C1Z01 | View fund platform link |
ESG Short Duration Global Credit | Amundi Global Corp SRI 1 to 5 Years GBP Hedged | LU2382233182 | View fund platform link |
Gilts | Aquila Life Up to 5 Years UK Gilt Index Fund | GB00B00C2321 | View fund platform link |
Aquila Life 5 to 15 Years UK Gilt Index Fund | GB00B00C1M40 | View fund platform link | |
Aquila Connect Over 15 Year Gilt Fund | GB00B00C3H37 | View fund platform link | |
Index-Linked Gilts | Aquila Life Up to 5 Years Index-Linked Gilt Index Fund | GB00B00C2214 | View fund platform link |
Aquila Connect Over 5 Year Index-Linked Gilt Fund | GB00B00C3J50 | View fund platform link |