Changes to the SL abrdn MyFolio Market Pension Funds

The SL abrdn MyFolio Market I Pension Fund invests primarily in the abrdn MyFolio Market I Fund. The aim of the abrdn MyFolio Market I Fund is summarised below.

The fund aims to provide growth over the long term while being managed to a level of risk, rather than a level of return. It is part of the MyFolio Market range, which consists of five funds with different expected combinations of investment risk and return levels. The fund is risk level I, which aims to be the lowest risk fund in this range. This level will have the highest amount in traditionally lower risk assets such as money market instruments including cash and certain types of bonds. This may suit you if you have a conservative approach to investing. The fund invests at least 60% in passively managed funds, including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically at least 50% is invested in assets traditionally viewed as being lower risk such as money market instruments including cash, government bonds (loans to a government) and investment grade corporate bonds (loans to a company). The rest of the fund is invested in a selection of other assets such as company shares including property shares and commercial property. The fund is actively managed by the investment team. Their main focus is to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives. In addition, they will take tactical asset allocations (changing short term proportions in each asset class) to improve returns. It may consist of up to 40% actively managed funds (again including those managed by abrdn). Please note that the number contained in the fund name is not related to the synthetic risk and reward indicator contained in the Key Investor Information document (NURS-KII).

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Index I Pension Fund invests primarily in the abrdn MyFolio Index I Fund. The aim of the abrdn MyFolio Index I Fund is summarised below.

The fund aims to generate growth over the long term (5 years or more) while being managed to a defined level of risk. The fund is part of the MyFolio Index range, which offers five funds with different expected combinations of investment risk and return. The fund is risk level I, which aims to be the lowest risk fund in this range.

The defined level of risk referred to above that the management team is targeting is within the range of 20-40% of world stock markets (represented by the MSCI World Index), over 10 years. There is no certainty or promise that this target will be achieved. The Risk Target has been chosen as it represents a risk range which is appropriate for the fund.

The fund will invest at least 80% in passively managed funds (which aim to replicate performance of a market index) and up to 20% in actively managed funds (which invest using manager discretion), including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically, at least 50% of the assets will be those traditionally viewed as lower risk, such as cash, assets that can be turned into cash quickly, government bonds (which are like loans to governments that pay interest) and investment grade corporate bonds (which are like loans to companies that pay interest and are typically regarded as having a low default risk). The rest of the fund will be invested in a selection of other assets such as equities (company shares) including property shares.

The management team use their discretion (active management) to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives.

The fund will routinely use derivatives to reduce risk, reduce cost and/or generate additional income or growth consistent with the risk profile of the fund. Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. Derivatives include instruments used to express asset allocations reflecting expected changes in interest rates, companies share prices, inflation, currencies or creditworthiness (debt repayment ability) of corporations or governments. The fund may also invest in other funds which may use derivatives extensively although these investments shall be in line with fund's overall risk profile.

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Market II Pension Fund invests primarily in the abrdn MyFolio Market II Fund. The aim of the abrdn MyFolio Market II Fund is summarised below.

The fund aims to provide growth over the long term while being managed to a defined level of risk. It is one of the five funds in of the MyFolio Market range each of which offers a different level of expected investment risk and return. The fund is risk level II, which aims to be the second lowest risk fund in this range. This level will have a high amount in traditionally lower risk assets such as money market instruments including cash and certain types of bonds. This may suit you if you are relatively cautious with your investments. The fund invests at least 60% in passively managed funds, including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically at least 40% is invested in assets traditionally viewed as being lower risk such as money market instruments including cash, government bonds (loans to a government) and investment grade corporate bonds (loans to a company). The rest of the fund is invested in a selection of other assets such as company shares including property shares and commercial property. The fund is actively managed by the investment team. Their main focus is to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives. In addition, they will take tactical asset allocations (changing short term proportions in each asset class) to improve returns. It may consist of up to 40% actively managed funds (again including those managed by abrdn). Please note that the number contained in the fund name is not related to the synthetic risk and reward indicator contained in the Key Investor Information document (NURS-KII).

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in.

The SL abrdn MyFolio Index II Pension Fund invests primarily in the abrdn MyFolio Index II Fund. The aim of the abrdn MyFolio Index II Fund is summarised below.

The fund aims to generate growth over the long term (5 years or more) while being managed to a defined level of risk. The fund is part of the MyFolio Index range, which offers five funds with different expected combinations of investment risk and return. The fund is risk level II, which aims to be the second lowest risk fund in this range.

The defined level of risk referred to above that the management team is targeting is within the range of 35-55% of world stock markets (represented by the MSCI World Index), over 10 years. There is no certainty or promise that this target will be achieved. The Risk Target has been chosen as it represents a risk range which is appropriate for the fund.

The fund will invest at least 80% in passively managed funds (which aim to replicate performance of a market index) and up to 20% in actively managed funds (which invest using manager discretion), including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically, at least 40% of the assets will be those traditionally viewed as lower risk, such as cash, assets that can be turned into cash quickly, government bonds (which are like loans to governments that pay interest) and investment grade corporate bonds (which are like loans to companies that pay interest and are typically regarded as having a low default risk). The rest of the fund will be invested in a selection of other assets such as equities (company shares) including property shares.

The management team use their discretion (active management) to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives.

The fund will routinely use derivatives to reduce risk, reduce cost and/or generate additional income or growth consistent with the risk profile of the fund. Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. Derivatives include instruments used to express asset allocations reflecting expected changes in interest rates, companies share prices, inflation, currencies or creditworthiness (debt repayment ability) of corporations or governments. The fund may also invest in other funds which may use derivatives extensively although these investments shall be in line with fund's overall risk profile.

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Market III Pension Fund invests primarily in the abrdn MyFolio Market III Fund. The aim of the abrdn MyFolio Market III Fund is summarised below.

The fund aims to provide growth over the long term while being managed to a defined level of risk. It is one of the five funds in part of the MyFolio Market range each of which offers a different level of expected investment risk and return. The fund is risk level III, which aims to be the middle risk fund in this range. This level invests in both traditionally lower risk assets such as money market instruments including cash and certain types of bonds, and traditionally higher risk assets such as company shares, certain types of bonds and commercial property. This may suit you if you have a balanced attitude to risk. The fund invests at least 60% in passively managed funds, including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically at least 25% is invested in assets traditionally viewed as being lower risk such as money market instruments including cash, government bonds (loans to a government) and investment grade corporate bonds (loans to a company). The rest of the fund is invested in a selection of other assets such as company shares including property shares and commercial property. The fund is actively managed by the investment team. Their main focus is to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives. In addition, they will take tactical asset allocations (changing short term proportions in each asset class) to improve returns. It may consist of up to 40% actively managed funds (again including those managed by abrdn). Please note that the number contained in the fund name is not related to the synthetic risk and reward indicator contained in the Key Investor Information document (NURS-KII).

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Index III Pension Fund invests primarily in the abrdn MyFolio Index III Fund. The aim of the abrdn MyFolio Index III Fund is summarised below.

The fund aims to generate growth over the long term (5 years or more) while being managed to a defined level of risk. The fund is part of the MyFolio Index range, which offers five funds with different expected combinations of investment risk and return. The fund is risk level III, which aims to be the middle risk fund in this range.

The defined level of risk referred to above that the management team is targeting is within the range of 45-75% of world stock markets (represented by the MSCI World Index), over 10 years. There is no certainty or promise that this target will be achieved. The Risk Target has been chosen as it represents a risk range which is appropriate for the fund.

The fund will invest at least 80% in passively managed funds (which aim to replicate performance of a market index) and up to 20% in actively managed funds (which invest using manager discretion), including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically, at least 25% of the assets will be those traditionally viewed as lower risk, such as cash, assets that can be turned into cash quickly, government bonds (which are like loans to governments that pay interest) and investment grade corporate bonds (which are like loans to companies that pay interest and are typically regarded as having low default risk). The rest of the fund will be invested in a selection of other assets such as equities (company shares) including property shares.

The management team use their discretion (active management) to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives.

The fund will routinely use derivatives to reduce risk, reduce cost and/or generate additional income or growth consistent with the risk profile of the fund. Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. Derivatives include instruments used to express asset allocations reflecting expected changes in interest rates, companies share prices, inflation, currencies or creditworthiness (debt repayment ability) of corporations or governments. The fund may also invest in other funds which may use derivatives extensively although these investments shall be in line with fund's overall risk profile.

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Market IV Pension Fund invests primarily in the abrdn MyFolio Market IV Fund. The aim of the abrdn MyFolio Market IV Fund is summarised below.

The fund aims to provide growth over the long term while being managed to a defined level of risk. It is one of the five funds in part of the MyFolio Market range which offers a different level of expected investment risk and return. This fund is risk level IV, which aims to be the second highest risk fund in this range. This level will have a high amount in traditionally higher risk assets such as company shares, certain types of bonds. This may suit you if you are relatively comfortable with investment risk. The fund invests at least 60% in passively managed funds, including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically at least 60% is invested in assets traditionally viewed as being higher risk such as company shares, emerging market bonds (loans to an emerging market government) and commercial property. The rest of the fund is invested in a selection of other assets such as money market instruments including cash, government bonds (loans to a government) and investment grade corporate bonds (loans to a company). The fund is actively managed by the investment team. Their main focus is to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives. In addition, they will take tactical asset allocations (changing short term proportions in each asset class) to improve returns. It may consist of up to 40% actively managed funds (again including those managed by abrdn). Please note that the number contained in the fund name is not related to the synthetic risk and reward indicator contained in the Key Investor Information document (NURS-KII).

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Index IV Pension Fund invests primarily in the abrdn MyFolio Index IV Fund. The aim of the abrdn MyFolio Index IV Fund is summarised below.

The fund aims to generate growth over the long term (5 years or more) while being managed to a defined level of risk. The fund is part of the MyFolio Index range, which offers five funds with different expected combinations of investment risk and return. This fund is risk level IV, which aims to be the second highest risk fund in this range.

The defined level of risk referred to above that the management team is targeting is within the range of 60-90% of world stock markets (represented by the MSCI World Index), over 10 years. There is no certainty or promise that this target will be achieved. The Risk Target has been chosen as it represents a risk range which is appropriate for the fund.

The fund will invest at least 80% in passively managed (which aim to replicate performance of a market index) funds and up to 20% in actively managed funds (which invest using manager discretion), including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically, at least 60% of the fund will be invested in assets traditionally viewed as being higher risk such as such as equities (company shares), and emerging market bonds (which are like loans to companies or governments that pay a rate of interest, invested in regions including Eastern Europe, Asia, Africa, Latin America and the Middle East). The rest of the fund is invested in a selection of other assets such as cash, assets that can be turned into cash quickly, government bonds (which are like loans to governments that pay interest) and investment grade corporate bonds (which are like loans to companies that pay interest and are typically regarded as having a low default risk).

The management team use their discretion (active management) to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives.

The fund will routinely use derivatives to reduce risk, reduce cost and/or generate additional income or growth consistent with the risk profile of the fund. Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. Derivatives include instruments used to express asset allocations reflecting expected changes in interest rates, companies share prices, inflation, currencies or creditworthiness (debt repayment ability) of corporations or governments. The fund may also invest in other funds which may use derivatives extensively although these investments shall be in line with fund's overall risk profile.

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Market V Pension Fund invests primarily in the abrdn MyFolio Market V Fund. The aim of the abrdn MyFolio Market V Fund is summarised below.

The fund aims to provide growth over the long term while being managed to a defined level of risk. It is one of the five funds in the MyFolio Market range which offers a different level of expected investment risk and return. This fund is risk level V, which aims to be the highest risk fund in this range. This level will have the highest amount in traditionally higher risk assets such as company shares including property shares, certain types of bonds. This may suit you if you are comfortable with investment risk. The fund invests at least 60% in passively managed funds, including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically at least 80% is invested in assets traditionally viewed as being higher risk such as company shares, emerging market bonds (loans to an emerging market government) and commercial property. The rest of the fund is invested in a selection of other assets such as money market instruments including cash, government bonds (loans to a government) and investment grade corporate bonds (loans to a company). The fund is actively managed by the investment team. Their main focus is to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives. In addition, they will take tactical asset allocations (changing short term proportions in each asset class) to improve returns. It may consist of up to 40% actively managed funds (again including those managed by abrdn). Please note that the number contained in the fund name is not related to the synthetic risk and reward indicator contained in the Key Investor Information document (NURS-KII).

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in. 

The SL abrdn MyFolio Index V Pension Fund invests primarily in the abrdn MyFolio Index V Fund. The aim of the abrdn MyFolio Index V Fund is summarised below.

The fund aims to generate growth over the long term (5 years or more) while being managed to a defined level of risk. The fund is part of the MyFolio Index range, which offers five funds with different expected combinations of investment risk and return. This fund is risk level V, which aims to be the highest risk fund in this range.

The defined level of risk referred to above that the management team is targeting is within the range of 70-110% of world stock markets (represented by the MSCI World Index), over 10 years. There is no certainty or promise that this target will be achieved. The Risk Target has been chosen as it represents a risk range which is appropriate for the fund.

The fund will invest at least 80% in passively managed funds (which aim to replicate performance of a market index) and up to 20% in actively managed funds (which invest using manager discretion), including those managed by abrdn, to obtain broad exposure to a range of diversified investments. Typically, at least 80% of the fund will be invested in assets traditionally viewed as being higher risk such as such as equities (company shares), and emerging market bonds (which are like loans to companies or governments that pay a rate of interest), invested in regions including eastern Europe, Asia, Africa, Latin America and the Middle East).

The rest of the fund is invested in a selection of other assets such as cash, assets that can be turned into cash quickly, government bonds (which are like loans to governments that pay interest) and investment grade corporate bonds (which are like loans to companies that pay interest and are typically regarded as having a low default risk).

The management team use their discretion (active management) to select funds within each asset class and ensure that the strategic asset allocation (long-term proportions in each asset class) meets the fund's objectives.

The fund will routinely use derivatives to reduce risk, reduce cost and/or generate additional income or growth consistent with the risk profile of the fund. Derivatives are linked to the value of other assets. In other words, they derive their price from one or more underlying asset. Derivatives include instruments used to express asset allocations reflecting expected changes in interest rates, companies share prices, inflation, currencies or creditworthiness (debt repayment ability) of corporations or governments. The fund may also invest in other funds which may use derivatives extensively although these investments shall be in line with fund's overall risk profile.

The value of any investment can fall as well as rise and is not guaranteed – you may get back less than you pay in.