About the Select Pension Plan default fund
When opening a Select Pension Plan there are several different investment funds to choose from. However, if you are unsure about which funds to invest in and decide not to take financial advice, then you may want to consider our Select Pension default fund.
What is a default fund?
A default fund is a fund chosen by us and designed to help meet the specific needs, objectives and characteristics of our Select Pension Plan customers who are unsure about which funds to invest in and decide not to take financial advice.
What is the default fund for the Select Pension Plan?
We have chosen the Mixed 40-85% Shares Fund as the Select Pension default fund.
The aim of our default fund is to enable our customers to feel confident in their decision to open a Select Pension Plan and invest their money in a fund that has the potential to grow over the longer-term to help financially improve their retirement.
We believe this fund provides long-term growth potential through its asset diversification. This means that the fund is invested in a range of assets in the UK and abroad. These assets include shares (equities), bonds (fixed interest) and cash.
Download our Key Investor Information Document [PDF: 103KB] and Fund Factsheet for further information about the Mixed 40-85% Shares Fund.
The Mixed Portfolio 40-85% Shares is a risk level 4 fund (out of 6) which over the longer-term is suitable for customers who are prepared to take a medium level of risk with their investments for the potential of higher growth.
Download A guide to investing with NFU Mutual [PDF: 834KB] for information on our risk levels.
If this doesn’t sound like you, then you should consider a fund with a different risk level.
You should be aware that the default fund is not a personal recommendation. If you are unsure which fund is right for you, you should contact us for further guidance or take financial advice.
The value of the funds can fall and you may get back less than you invested.
You can get further guidance or speak to an NFU Mutual Financial Adviser by calling us on: 0800 980 8229.
NFU Mutual Financial Advisers advise on NFU Mutual products and selected products from specialist providers. Financial advice is provided by NFU Mutual Select Investments Limited. When you get in touch they'll explain the advice services they offer and the charges.