About the Select Pension Plan default fund

When opening a Select Pension Plan there are several different investment funds to choose from. However, if you are unsure about which funds to invest in and decide not to take financial advice, then you may want to consider our Select Pension default fund.

What is a default fund?

A default fund is a fund chosen by us and designed to help meet the specific needs, objectives and characteristics of our Select Pension Plan customers who are unsure about which funds to invest in and decide not to take financial advice.

What is the default fund for the Select Pension Plan?

We have chosen the Mixed 40-85% Shares Fund as the Select Pension default fund.

The aim of our default fund is to enable our customers to feel confident in their decision to open a Select Pension Plan and invest their money in a fund that has the potential to grow over the longer-term to help financially improve their retirement.  

We believe this fund provides long-term growth potential through its asset diversification. This means that the fund is invested in a range of assets in the UK and abroad. These assets include shares (equities), bonds (fixed interest) and cash. 

Download our Key Investor Information Document [PDF: 103KB] and Fund Factsheet for further information about the Mixed 40-85% Shares Fund.

The Mixed Portfolio 40-85% Shares is a risk level 4 fund (out of 6) which over the longer-term is suitable for customers who are prepared to take a medium level of risk with their investments for the potential of higher growth.

Download A guide to investing with NFU Mutual [PDF: 834KB] for information on our risk levels. 

If this doesn’t sound like you, then you should consider a fund with a different risk level.