Current Asset Allocation

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.

Asset allocations changes to the MSCI PIMFA Private Investor Index Series can (but may not) occur up to 4 times per year.

Implementation dates for any potential future asset allocation changes are aligned to MSCI’s Global Index Review re balancing calendar.

View recent asset allocation changes for the series and their respective implementation dates here

Last reviewed – May  2019 – No changes agreed

Last reviewed   – July 2019 – No changes agreed

Last reviewed- November 2019 Changes agreed

Next review- February 2020

Asset ClassEquitiesBondsCashReal EstateAlternatives
Underlying Asset Index UK Equities [MSCI United Kingdom IMI]International Equities (MSCI All country World Index (ACWI) ex-UK (in GBP))Bonds: UK Gilts [Markit iBoxx £ Gilts]Bonds: Corporates [Markit iBoxx £ Corporate]Bonds: Inflation-Linked [Markit iBoxx UK Gilt Inflation Linked]Cash [Custom Index of Bank of England Base Rate -0.75%, w/floor of 0%]Commercial Property [MSCI UK IMI Liquid Real Estate]Alternatives [Custom Index of 100% Long MSCI World Diversified Multiple Factor Index + 70% Short MSCI World Index]Total
Conservative17.5151022.555520.0100
Income27.525517.52.55512.5100
Balanced3032.55102.55510100
Growth32.5452.5502.557.5100
Global GrowthDeveloped World Equities [MSCI World Index (in GBP)]Emerging World Equities [MSCI Emerging Market Index (in GBP)]
9050002.502.5100