Right now, this fund mainly invests in commercial properties in the UK, such as offices, industrial premises and warehouses.

The fund will now be able to start investing in commercial properties in other countries, including the United States, Germany and Australia.

We’re updating our fund description to reflect this change. You can find the current and updated descriptions in the table below.

You’ll find more information on this fund and the range of funds available for our plans at standardlife.co.uk/fund-performance.

Fund name (fund code)
Standard Life Property Life Fund (fund code – FS)
Current fund description Updated fund description

The Fund aims to provide growth over the long term (5 years or more) by investing mainly in UK commercial property which could be a mix of freehold and leasehold properties selected from across the retail office, industrial and other sectors. The Fund may also invest in overseas commercial property markets, including emerging markets.

The Fund can invest directly in commercial properties or indirectly through closed ended REITs, exchange traded funds and equities (company shares). It may also invest in other property investment vehicles such as quoted and unquoted property companies (which may be listed on stock markets). Additionally, the fund may hold short term government bonds, money market instruments and cash.

Selling property or property-related investments can be a lengthy process, so you should be aware that there may be a significant delay before you can sell your investment in the fund. You should also be aware that due to the size of the transaction costs associated with buying and selling commercial property the fund’s price may experience large movements – both rises and falls – if there are changes in the pricing basis of the fund. You can find out more about this in our Understanding unit-linked funds guide.

The value of investments within the fund can fall as well as rise and is not guaranteed – you may get back less than was paid in. The fund may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.

The Fund aims to provide long term growth by investing mainly in global, including UK, and commercial property which could be a mix of freehold and leasehold properties selected from across the retail office, industrial and other sectors. The Fund may also invest in overseas commercial property markets, including emerging markets.

The Fund can invest directly in properties or indirectly through investments linked to property markets, such as property companies and real estate investment trusts (REITs). This approach helps provide diversified exposure to global property markets. The Fund may also invest in other funds and may hold cash, money market instruments, short-term government bonds and other assets that can be readily converted into cash.

Selling property or property-related investments can be a lengthy process, so you should be aware that there may be a significant delay before you can sell your investment in the fund. You should also be aware that due to the size of the transaction costs associated with buying and selling commercial property the fund’s price may experience large movements – both rises and falls – if there are changes in the pricing basis of the fund. You can find out more about this in our Understanding unit-linked funds guide.

The value of investments within the fund can fall as well as rise and is not guaranteed – you may get back less than was paid in. The Fund may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.