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Current Asset Allocation – Morningstar PIMFA Private Investor Index Series

Each of these portfolios contains different proportions of UK equities, international equities, bonds, cash and alternatives to reflect the investment aims of UK wealth managers. The changes in their values (i.e. the movement up or down of the UK shares, international shares, bonds etc) are represented by the movements of the related indices.

DATE: 1 June  2026

Following the recent review of survey data provided by participating member firms, the PIMFA Indices Committee agreed there would be no changes to the portfolio weights of the Morningstar PIMFA Private Investor Index Series.  Implementation dates for any potential/future asset allocation changes are aligned to Morningstar PIMFA Index Implementation Calendar. 

The Q3 2026 survey opens Monday 3rd July and closes Friday 24th July.  If you would like your firm to participate in the quarterly asset allocation surveys and help ensure that the index weight methodology for the Morningstar PIMFA Private Investor/Morningstar PIMFA Equity Risk Index Series’ remain relevant benchmarks for the UK wealth management sector, please email indices@pimfa.co.uk for more information.

Asset ClassEquitiesBondsCashReal EstateAlternatives
Underlying Asset IndexMorningstar UK All Cap Target Market ExposureMorningstar Global ex-UK Target Market ExposureMorningstar UK Gilt BondMorningstar UK Corporate BondMorningstar UK Treasury Inflation-Linked SecuritiesMorningstar Pound Sterling Overnight CashMorningstar UK Real Estate All Cap Target Market ExposureMorningstar Long Developed Markets Multifactor Short Developed Markets
Conservative7.5025.0012.5032.502.502.502.5015.00
Income12.5035.0010.0020.002.502.502.5015.00
Balanced12.5047.505.0015.002.502.502.5012.50
Growth17.5060.002.507.500.002.502.507.50
Global GrowthMorningstar Developed Markets Target Market ExposureMorningstar Emerging Markets Target Market Exposure
90.005.000.000.000.002.500.002.50

Asset allocation changes to the Morningstar PIMFA Private Investor Index Series can occur 1-4 times per year.

Click here to view recent/historic asset allocation changes for the series and their respective implementation dates.

You may also be interested in

Indices

Used properly, an index series can provide a useful perspective in the world of stocks and shares to compare portfolio performance. PIMFA provides the methodology for the Morningstar PIMFA Private Investor Index Series and Equity Risk Index Series and you can find out more information here.

Further Information – Morningstar PIMFA Private Investor Index Series

Further Information - Morningstar PIMFA Private Investor Index Series
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