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Growth Funds – where we invest

Managed Growth Solutions

The Growth funds offer exposure to a combination of UK equities, overseas equities and bonds dependent on risk profile. The funds provide access to specialist managers in each specific asset class. Skandia’s depth of resources and expertise in manager selection allows us to have high conviction in a relatively small number of specialist managers in each portfolio.

Importantly we do not seek to take excessive risks in asset allocation as we believe no one can get those calls right repeatedly. We use a strategic asset allocation, based on our belief that equities will outperform in the long-term.

Actively Managed Growth Funds

 Skandia Cautious Fund.Equities 55%. Fixed interest and cash 55%


 Skandia Balanced Fund.Equities 80%. Fixed interest and cash 20%
 Skandia Aggressive Fund.Equities 92%. Fixed interest and cash 8%

The Aggressive, Balanced and Cautious Funds currently invest in the managers listed below

UK Equities European Equities US Equities Emerging Markets Equities
UBS
Alliance Bernstein
T. Rowe Price
Schroder
Martin Currie Argonaut Acadian Far East Equities
Lazard
Lazard QMA First State
Barclays Global Investors*
Japanese Equities UK Bonds Maple-Brown Abbott
Gartmore JPMAM Royal London International Bonds
Skandia Investment Management
UK Best Ideas**
Alliance Bernstein Goldman Sachs Wellington
Newton*      
New Star*      
UK Gilts     Global Equities
Merrill Lynch     Skandia Investment Management Global Best Ideas Fund

* applies to Cautious Fund only
** applies to Aggressive Fund only


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