Skip to main content

Your investment range

This page shows the funds available to you. You can choose to invest your pension savings in any of the funds listed below.

Each fund has been given a risk rating from one to seven (1 the lowest risk to 7 the highest risk).. from 1 (the lowest risk) to 7 (the highest risk). It’s important you understand all the risks before making any investment decision Our guide to risk and reward will help.

Fund specific risks

In the table of funds, there are one or more numbers listed against each fund. Each number relates to a risk associated with that fund, and there is a description of these further down the page.

Charges

Each fund has a fund management charge (FMC), which is made up of the investment management charge (IMC) plus additional expenses (AE) *AE can vary throughout the year.

In addition to the charges for investing your contributions, there is also an Annual Management Charge (AMC).

Investment funds available (including target date funds)

To find out more about each fund (including performance, risks and charges) click on the fund name. You can also click on each column header to help you group investment funds together e.g. by ABI sector.

Please note the data in this table was last updated on 30 November 2023

Fund risk rating category Fund name Fund code ABI sector Fund specific risks IMC AE FMC
5 L&G PMC Threadneedle Managed Equity 3 B0M3 Flexible Investment 1, 2, 3, 5, 6b, 7, 9, 39, 62 0.40% 0.09% 0.49%
7 L&G PMC Sustainable Property Fund 3 B5N3 UK Direct Property 1, 5, 6a, 12, 13, 22, 37, 42 0.44% 0.88% 1.32%
6 L&G Mastertrust Impact Fund B6X3 Global Equities tbc 0.50% 0.03% 0.53%
4 L&G PMC Janus Henderson Fixed Int Monthly Income 3 B7N3 Sterling Strategic Bond 2, 3, 4, 6b, 7, 23, 39, 62 0.62% 0.04% 0.66%
4 Legal & General Mastertrust UK Smaller Companies Fund B7X3 UK Smaller Companies 1, 6a, 8, 39, 42, 61, 62 0.50% 0.02% 0.52%
5 L&G PMC Global Diversified Credit Fund 3 B8X3 Sterling High Yield 2, 3, 4, 6b, 7, 10, 23, 36, 62 0.30% 0.04% 0.34%
5 L&G PMC HSBC Islamic Global Equity Index Fund 3 BB43 Global Equities 1, 5, 11, 39, 62 0.23% 0.12% 0.35%
5 L&G Mastertrust Global Developed Equity Index Fund BC03 Global Equities 1, 5, 6a, 22, 39, 62 0.10% 0.00% 0.10%
5 L&G Mastertrust Emerging Markets Index Fund BD03 Global Emerging Markets Equities 1, 5, 6a, 7, 10, 22, 39, 62 0.25% 0.01% 0.26%
6 L&G Mastertrust Smaller Companies Index Fund BD73 Global Equities 1, 5, 6a, 8, 22, 39, 62 0.22% 0.00% 0.22%
3 L&G Mastertrust Short Dated Bond Index Fund BD83 Sterling Corporate Bond 2, 3, 39, 62 0.12% 0.00% 0.12%
4 L&G Mastertrust Active Diversified Growth Fund BD93 Specialist 1, 2, 3, 4, 5, 6a, 22, 39, 62 0.80% 0.19% 0.99%
4 L&G PMC 2060 - 2065 Target Date Fund 3 BE03 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
3 L&G PMC 2015 - 2020 Target Date Fund 3 BE13 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2020 - 2025 Target Date Fund 3 BE23 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2025 - 2030 Target Date Fund 3 BE33 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2030 - 2035 Target Date Fund 3 BE43 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2035 - 2040 Target Date Fund 3 BE53 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2040 - 2045 Target Date Fund 3 BE63 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2045 - 2050 Target Date Fund 3 BE73 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2050 - 2055 Target Date Fund 3 BE83 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2055 - 2060 Target Date Fund 3 BE93 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
4 L&G PMC 2065 - 2070 Target Date Fund 3 BF13 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
5 L&G PMC Future World Fund 3 BJ13 Global Equities 1, 5, 6a, 15, 22, 36, 39, 62 0.24% 0.00% 0.24%
4 L&G PMC 2070 - 2075 Target Date Fund 3 BQB3 Specialist 1, 2, 3, 4, 5, 6a, 10, 22, 23, 30, 36, 37 0.15% 0.00% 0.15%
5 MT Active Global Equity Fund BRN3 Global Equities 1, 5, 6a, 10, 22, 39, 62 0.65% 0.07% 0.72%
5 MT Fossil Fuel Free Climate Equity Index Fund BTD3 Global Equities 1, 5, 6a, 10, 15, 16, 23, 25, 62 0.12% 0.05% 0.17%
6 L&G Mastertrust Global Real Estate Equity Index Fund BZ03 Property Other 1, 5, 6a, 11, 22, 37, 39, 42, 62 0.19% 0.00% 0.19%
4 L&G Mastertrust Future World Multi-Asset Fund BZ13 Mixed Investment 40-85% Shares 1, 2, 3, 5, 6a, 10, 15, 22, 36, 37, 62 0.16% 0.00% 0.16%
1 L&G PMC Cash Fund 3 EAB3 Deposit & Treasury 3, 13, 39, 62 0.09% 0.00% 0.09%
6 L&G PMC UK Equity Index 3 NBC3 UK All Companies 1, 6a, 39, 62 0.10% 0.00% 0.10%
5 L&G PMC Ethical Global Equity Index 3 NEB3 Global Equities 1, 5, 6a, 15, 22, 39, 62 0.30% 0.00% 0.30%
5 L&G PMC World (Ex-UK) Equity Index 3 NED3 Global Equities 1, 5, 6a, 22, 39, 62 0.12% 0.00% 0.12%
4 L&G PMC AAA-AA-A Corp Bond All Stocks Index 3 NEM3 Sterling Corporate Bond 2, 3, 39, 62 0.12% 0.00% 0.12%
4 L&G PMC Future World Annuity Aware Fund 3 NEN3 Sterling Long Bond 2, 3, 24, 39, 62 0.12% 0.00% 0.12%
4 L&G PMC Multi-Asset 3 NTW3 Mixed Investment 40-85% Shares 1, 2, 3, 5, 6a, 10, 22, 62 0.13% 0.00% 0.13%
4 L&G PMC Retirement Income Multi-Asset 3 NWD3 Specialist 1, 2, 3, 5, 6a, 10, 22, 23, 30, 62 0.28% 0.03% 0.31%

Lifestyle profiles available

Legal & General has created several lifestyle profiles that you can choose from, which we’ve detailed below:

You can only invest in one lifestyle profile at a time and cannot invest in any other funds at the same time. To find out more about lifestyle profiles, click on the links above. You’ll see information about the funds they invest in and their advantages and disadvantages.

Fund specific risks

Each number relates to a risk associated with that fund, and this section contains descriptions of those risks.

There are some numbers missing from this list. Although Legal & General applies these risks to a range of funds, only the risks that might apply to the funds in this guide are shown in this list.

Changing where your pension savings are invested

You can change where your pension savings are invested at any time: Log in to Manage Your Account. You can see the different funds and change the way your pension savings are invested.

Young man on laptop in coffee shop