EasyBuild: unit prices
We use your contributions to buy units in your employee’s chosen fund. We’ve made the choice where employees can save their money very simple. There are just three investment profiles to choose from: Cautious, Balanced, Adventurous or they can choose to Self- Select.
Self-Select is the option for customers to create their own investment profile from our range of funds. Please contact us if you require further information.
The table below will help you understand the attitudes to risk:
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If you think……
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Investment profile
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Where your money is invested
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Investment risk
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I’ll accept some investment risk however I prefer the longer term returns to be predictable, but understand that the fund may go up and down in the short-term
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Cautious
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30% UK equities
30% overseas equities
20% corporate bonds
10% UK gilts
10% cash
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Medium-Low
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I’m comfortable with the degree of investment risk in return for the prospect of greater growth over the long- term
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Balanced
(default option)
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80% UK and overseas equities
20% bonds and cash
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Medium
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I’m prepared to take higher risk, I’m an experienced and knowledgeable investor who aims to achieve above average long – term returns accepting a higher risk and increased investment volatility
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Adventurous
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50% UK equities
50% overseas equities
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High
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Whichever investment profile your employee chooses, we move their investment fund and contributions in stages from their chosen investment fund into more secure investments during the 15 years up to their chosen retirement date, to safeguard their retirement fund against stock market fluctuations. This called a glidepath.
At the time of their retirement 75% of their fund is in the pre retirement fund and 25% of their fund is in a cash fund.
Please note, your employee’s glidepath may be different from the above if their policy started before 1 February 2011
The pre retirement fund invests in corporate bonds and gilts; these are considered a lower risk than equities. The cash fund is a low risk fund that aims to keep the value of the fund at a consistent level. It invests in a well diversified range of high quality bank and building society deposits.
EasyBuild contributions are currently invested in funds managed on B&CE’s behalf by Legal & General Investment Management (LGIM). A copy of the Statement of Investment Principles is available upon request.
Details of unit prices are available for each of the funds separately. You can find unit prices here:
Balanced (previously the Managed fund)
Cautious
Adventurous
Pre retirement
Cash