The Plum SIPP has been designed to make investing for your future as simple and as straightforward as possible.

As part of the transfer-in process, you need to choose from one of three types of investment funds for your contributions to:

Target Retirement Date Fund 🏖

Description

This is a clever type of fund that automatically changes what it invests in, the closer you get to your chosen retirement age. A principle of investing is that the longer the term of your investment, the more potential for higher risk and higher rewarding investments to pay off. However, there could be lots of fluctuations in the value of your investments along the way. And the last thing you want when you’re ready to take your SIPP benefits is to find that the investments are on a down. A Target Retirement Date Fund helps to avoid this by starting off in higher risk/reward investments, but gradually switching them to lower risk/reward investments as you near your chosen retirement date.

Provider

The name of the underlying funds are

  • “Vanguard Target Retirement 2040 Fund”

  • “Vanguard Target Retirement 2045 Fund”

  • “Vanguard Target Retirement 2050 Fund”

  • “Vanguard Target Retirement 2055 Fund”

  • “Vanguard Target Retirement 2060 Fund”

  • “Vanguard Target Retirement 2065 Fund”

and they are provided by Vanguard Investments UK Limited.

Risk Level

5 out 7 from industry standard

More details on the following links:

Global Growth 🌍

Description

This fund invests in a broad range of company shares from across the world.

Provider

The name of the underlying fund is the “Legal & General Global Equity Index Fund Class I Accumulation”, and is provided by Legal & General (Unit Trust Managers) Limited.

Risk Level

5 out 7 from industry standard

More details here: Legal & General Global Equity Index Fund Class I Accumulation

Key investor information: Legal & General Global Equity Index Fund Class I Accumulation - KIID

Future Planet 🌱

Description

Investing in an ecologically and environmentally supportive way can be important to some investors. This fund is designed to invest in the shares of companies that, amongst other criteria, meet positive carbon and environmental criteria.

Provider

The name of the underlying fund is the “Legal & General Future World Climate Change Equity Factors Index Fund Class I Accumulation”, and is provided by Legal & General (Unit Trust Managers) Limited.

Risk Level

5 out 7 from industry standard

More details here: Legal & General Future World Climate Change Equity Factors Index Fund Class I Accumulation

Key investor information: Legal & General Future World Climate Change Equity Factors Index Fund Class I Accumulation - KIID

Please keep in mind as with all investing, your capital is at risk. Investments can go down as well as up and you may get back less than you originally invested.

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