The People's Pension Global Investments (up to 85% shares) 0.5% Pn

31/08/2020

Important Notes This document is provided for the purpose of information only and should not be construed in any way as giving investment advice. Past performance is not necessarily a guide to future performance, as the value of the units may go up or down and any return is not guaranteed. The price of the units can be monitored on our website at bandce.co.uk/fund-unit-prices

Investment objective

The B&CE Global Investments (up to 85% Shares) Fund aims to achieve long-term capital growth by investing in a range of asset classes in the UK and overseas. These can include, but are not limited to, equities, government bonds, corporate bonds. The fund is medium / high risk and will typically hold up to 85% in equities, with a mix of UK and overseas equities.

Performance

Cumulative Performance

ResetPerformance line chart
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1 Month6 Months1 Year3 Years5 Years10 Years
Fund2.55%3.58%0.93%12.65%52.09%
Mixed Investment 40-85% Shares1.58%2.09%0.58%9.22%36.94%91.58%
Rank11221

Discrete Performance

Performance Bar chart
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Year 1Year 2Year 3Year 4Year 5
Fund0.93%6.00%5.30%12.36%20.16%
Mixed Investment 40-85% Shares0.58%4.07%4.34%9.32%14.69%
Rank21211

Current top 10 holdings

APPLE INC
1.65%
MICROSOFT CORP
0.85%
AMAZON.COM INC
0.65%
NVIDIA CORP
0.48%
ACCENTURE PLC
0.47%
TEXAS INSTRUMENTS INC
0.45%
PROLOGIS INC
0.44%
ALIBABA GROUP HLDG LTD
0.43%
NESTLE SA
0.43%
INTUIT INC
0.42%
Show 10Show Less

Contact information

The People’s Pension Trustee Limited
Manor Royal, Crawley, West Sussex, RH10 9QP.
Tel 0300 2000 555 Fax 01293 586801
www.thepeoplespension.co.uk

The Top 10 Holdings relate to equites only.

Market commentary

After the sharp falls in the first quarter, equity markets rebounded strongly in the second quarter. Investors appeared to be comforted by the size and speed of the economic response with advanced economies announcing over £7,000bn of support. Central banks moved to stabilise corporate financing and governments announced support for households and firms. The most recent data indicated this has kick-started some economic recovery after sharp falls in GDP in most countries during the first quarter but the impact of COVID is still to be fully understood. US equities made the strongest gains supported by particularly strong gains for the technology sector. UK equities and Global Real Estate made more modest gains during the quarter. Bond markets were generally calmer as the move to extremely low interest rates became the expectation for the foreseeable future. Corporate debt saw a rebound as the central bank and government efforts helped reduce the impact of the COVID epidemic. In the UK the Bank of England expanded its bond buying programme by a further £100bn, taking the total to £300bn since the previous quarter end. This has helped push yields down and prices up.