From the 31 December 2024, we’re updating the benchmark for the Aegon BlackRock Developed Markets Sustainable Equity fund across our insured pension, Aegon Retirement Choices (ARC), and TargetPlan fund ranges.
The underlying fund manager, BlackRock has updated the benchmark for the fund, so we’re updating our version of the fund to match.
Nothing else about the funds will change because of this.
The changes in more detail
Benchmarks are used to measure a fund’s performance against similar types of investments, similar markets or regions. Some funds aim to track, or match the performance, of a chosen a benchmark.
You can see details of the old and new benchmarks in the table below:
Fund name |
Old fund benchmark |
New fund benchmark |
|---|---|---|
Insured Pension |
||
Aegon BlackRock Developed Markets Sustainable Equity |
MSCI AC World |
MSCI World |
ARC |
||
Aegon BlackRock Developed Markets Sustainable Equity (ARC) |
MSCI AC World |
MSCI World |
TargetPlan |
|
|
Aegon BlackRock Developed Markets Sustainable Equity (BLK) |
MSCI ACWI GBP 2 |
MSCI World |
Source: Aegon UK
There’s no guarantee the funds will meet their objectives. The value of an investment can fall as well as rise and is not guaranteed. Investors could get back less than they pay in.
We’ll update our literature and our website as soon as we can, but investors may notice the old and new information in use for a time (for example on our fund factsheets).
You can find more information about these funds in the fund factsheets on the ‘Fund prices and performance' page on our website by selecting either:
· ‘Aegon Retirement Choices (ARC)’
What current investors need to do
Existing investors don’t need to do anything. Please speak to a financial adviser if you’re not sure what this change mean for you. If you don’t have a financial adviser, you can visit moneyhelper.org.uk/choosing-a-financial-adviser to find the right one for you.