The primary objective of our ongoing Assessment of Value (AoV) report is to assess the value that each fund provides against a list of criteria and to take action if we conclude that a fund does not offer value. In this report, we set out the work we have done, the conclusions we have drawn and the actions we have taken, or are planning to take.

We have aimed to make the report as clear as possible, to ensure that you can easily identify the fund, or funds, in which you invest. We’ve also presented our conclusions in a straightforward format. If you are unsure of the funds or share classes in which you are invested, please check your latest six-monthly statement for details. Alternatively, you can consult your financial adviser or contact us by telephone (see below for details).

We encourage you to regularly review your investments with a financial adviser to ensure that they remain suitable for your needs and objectives. We believe that our AoV report provides relevant information to help you review your investment choices. The report is published at the end of August each year, with reports from previous years accessible via the links below.