Penfold partners with BlackRock and HSBC to protect and grow your savings through a diverse range of low-cost global investments.
Penfold Lifetime offers three risk levels that adjust as you near retirement, similar to the Multi-asset and ESG Lifetime plans, but with slightly higher risk for greater long-term growth.
It also incorporates the same BlackRock ESG funds used in our ESG plan, which aim to achieve positive environmental goals. It includes three portfolios:
Growth: High risk and growth potential for those 8+ years from retirement.
Balance: Medium to high risk for those 3-8 years from retirement.
Protect: Low to medium risk for those less than 3 years from retirement.
The glidepath, or investment shift over time, mirrors other plans but with a higher risk profile to enhance pension growth.
Our Multi-asset funds allow you to choose from four risk levels, each with varying equity exposure:
Multi-asset 20-40% equity: Lowest risk, suitable for those within 5 years of retirement.
Multi-asset 40-60% equity: Low-middle risk for those 5-10 years from retirement.
Multi-asset 60-80% equity: Middle-high risk for those over 10 years from retirement.
Multi-asset 80+ equity: High risk for those over 15 years from retirement.
You can select and change your risk level at any time.
Our ESG funds invest in high-ESG-rated companies, reducing carbon emissions by 30% compared to similar plans. They range from low to high risk:
ESG 20-40% equity: Lowest risk for those within 5 years of retirement.
ESG 60-80% equity: Middle-high risk for those around 5-8 years from retirement.
ESG 100% equity: Highest risk for those over 15 years from retirement.
Our Penfold, Multi-asset, and ESG funds are also available within a Lifetime Plan, which automatically adjusts risk based on age. This makes them ideal for those new to investing or preferring a "set-and-forget" approach. They aim to grow savings early and reduce risk as retirement approaches.
During Stage 1 (Multi-asset and ESG) or Growth (Penfold Lifetime), our Lifetime plans use funds with a higher proportion of your money invested in stocks, which generally means more growth potential as well as ups and downs. During Stage 3 (Multi-asset and ESG Funds) or Protect (Penfold Lifetime), our lifetime plans use funds with a higher proportion of your money invested in bonds, which is generally a more stable investment type.
No investment is risk-free, but BlackRock's MyMap strategy provides an extra layer of risk management, designed for long-term retirement savings. It is low-cost, diversified, and responsive to market changes, aligning with your risk comfort level.
Sharia fund managed by HSBC, adheres to passive investing, broad diversification, low cost, and managed risk principles. It invests 100% in equities, offering high risk and potential returns for those seeking socially responsible investments under Sharia law.