MoneyAM Fund Centre

Quick Stats

Fund Objective

The Scheme’s objective is to provide a combination of capital growth (to grow the value of your investment) and income over a 5+ year time horizon.The Scheme will also aim to outperform (after the deduction of fees) the following composite Target Benchmark measured over a rolling 3 year time period: 30% FTSE All Share Index TR, 10% FTSE World US Index TR, 10% FTSE World Europe Ex UK Index TR, 10% FT AW Dev Asia Pacific Index TR, 15% FTSE Actuaries UK Conventional Gilts All Stocks Index TR, 20% Markit iBoxx £ Non Gilt Index TR and 5% ICE LIBOR GBP 1 Month.It is expected that average outperformance for the Scheme will typically not be greater than 0.25% per annum (after the deduction of fees) in excess of the Target Benchmark over a rolling 3 year period, although no level of outperformance is guaranteed.

Fund Managers

Robert McElvanney

Robert has over 25 years’ experience in financial services and joined Santander Asset Management in 2016. He is head of Strategic Investment Solutions and is responsible for delivery of advisory services to the UK Bank’s pension plan and managing multi manager portfolios. Prior to joining Santander, Robert was a  Principal Investment Consultant at Aon Hewitt where, he was lead investment advisor to a portfolio of corporate and trustee clients, with pension scheme assets from £100m to £12bn. Whilst there, he was cofounder of the Corporate Advisory and Insurance Solutions groups, and headed up the Transition team for several years. He is a Fellow of the Institute and Faculty of Actuaries.