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Compare our funds

1. CautiousOur Cautious fund is dominated by lower risk assets such as government bonds and high quality corporate bonds but additionally may include small exposures to high-yield bonds. Our Cautious fund may also have some exposure to shares (UK and International), property and other riskier assets which have the potential for higher returns than bonds.

(Managed Growth Fund 2)

Risk level

Lower

Performance

View performance
 

Charges:

Service fee: 0.24% (capped at £36)

Ongoing charge: 0.24%

Transactional costs: 0.08%

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet. The asset breakdowns shown are indicative only and subject to change.


Fund 2 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 115KB)

View the factsheet (PDF, 138KB)

2. BalancedOur Balanced fund aims to hold a mixture of shares and bonds typically on a relatively equal basis. This fund may have exposure to property and absolute return strategies and other assets.

(Managed Growth Fund 4)

Risk level

Medium

Performance

View performance
 

Charges:

Service fee: 0.24% (capped at £36)

Ongoing charge: 0.25%

Transactional costs: 0.11%

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet. The asset breakdowns shown are indicative only and subject to change.


Fund 4 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 115KB)

View the factsheet (PDF, 138KB)

3. ProgressiveOur Progressive fund is dominated by exposure to UK and International shares but may also have some bonds, property, cash and absolute returns strategies to aim to lower volatility during market fluctuations.

(Managed Growth Fund 6)

Risk level

Higher

Performance

View performance
 

Charges:

Service fee: 0.24% (capped at £36)

Ongoing charge: 0.23%

Transactional costs: 0.14%

Investment splitThis is the fund’s strategic asset allocation. The current asset allocation can be found within the fund’s factsheet. The asset breakdowns shown are indicative only and subject to change.


Fund 6 Asset wheel pie distribution graphic

Key documents:

View the KIID (PDF, 114KB)

View the factsheet (PDF, 138KB)

For more information about the three funds, you can read Our fund range and investments (PDF, 250KB) guide. It contains details of how the funds are managed, their objectives and risks, and a detailed breakdown of the charges.

Our funds' past performance

 

 

The data in the below table and performance chart refer to the past, and past performance is not a reliable indicator of future results. The performance data includes the ongoing charge and all transaction costs within the fund, but does not include the 0.24% service fee which is paid to us once per year.

Source of data: FE Fundinfo

Date

Managed Growth Fund 2

Cautious

Managed Growth Fund 4

Balanced

Managed Growth Fund 6

Progressive

Date

31st Dec 2022 – 31st Dec 2023

Managed Growth Fund 2

Cautious

8.6%

Managed Growth Fund 4

Balanced

9.9%

Managed Growth Fund 6

Progressive

11.0%

Date

31st Dec 2021 – 31st Dec 2022

Managed Growth Fund 2

Cautious

-12.3%

Managed Growth Fund 4

Balanced

-8.9%

Managed Growth Fund 6

Progressive

-7.0%

Date

31st Dec 2020 – 31st Dec 2021

Managed Growth Fund 2

Cautious

3.5%

Managed Growth Fund 4

Balanced

8.2%

Managed Growth Fund 6

Progressive

12.5%

Date

31st Dec 2019 – 31st Dec 2020

Managed Growth Fund 2

Cautious

4.0%

Managed Growth Fund 4

Balanced

2.3%

Managed Growth Fund 6

Progressive

1.9%

Date

Date

31st Dec 2018 – 31st Dec 2019

Our funds weren’t launched until 16th September 2019.

Past performance graph

 

The above graph shows the percentage change of the funds since launch. This is to help you understand how the funds have performed over the longer term.

Please remember that the data in the above table and below performance graph refer to the past, and past performance is not a reliable indicator of future results.

The Last Available Price for each fund is shown below the graph and this is usually the price from the previous trading day. If you decide to invest in one of our funds, your trade will be sent to the Fund Manager and you will get the price given on the next available valuation point for this fund, which could be higher or lower than the price shown above.

Understanding the charges

These charges are based on the value of your total investment.

 

 

 

The total cost is a combination of the service fee, ongoing charge and transaction costs:

 

  • The service fee is 0.24% (capped at £36 and applicable to the 2023 fee). It is calculated monthly (minimum of 20p per month) based on the total value of your investment and is then paid to us once a year. This fee covers our costs for managing your account.
  • The ongoing charge is charged by the fund manager for their services and is built into the total value of the fund.
  • Transaction costs are incurred when the fund manager buys and sells investments within the fund. These costs are built into the fund's value.

Fund type

Service fee

Ongoing charge

Transaction costs

Total

Fund type

Cautious - Managed Growth Fund 2

Service fee

0.24% (capped at £36)

Ongoing charge

0.24%

Transaction costs

0.08%

Total

0.56%

Fund type

Balanced - Managed Growth Fund 4

Service fee

0.24% (capped at £36)

Ongoing charge

0.25%

Transaction costs

0.11%

Total

0.60%

Fund type

Progressive - Managed Growth Fund 6

Service fee

0.24% (capped at £36)

Ongoing charge

0.23%

Transaction costs

0.14%

Total

0.61%

FSCS logo

Investments with Halifax Share Dealing Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit is applied to the aggregated total of any stock or cash held across the following brands that we administer.

This is in addition to any other savings deposits you may hold across Lloyds Banking Group.

Important information
 

Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.