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RNPFN working together with LV=

RNPFN - The Royal National Pension Fund for Nurses
  • Founded in 1887 as a provider of financial products for health professionals and their partners
  • RNPFN has been a part of LV= since 2001
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RNPFN With-Profits Fund - Asset Allocation

The tables below show how the with-profits fund was invested recently and also at the end of each of the last 15 years. They also show the target asset mix and the permitted range for each asset type.

As at 31 March 2018

Assets

%

UK Equities

16.9%

US Equities

1.6%

European Equities

2.8%

Japanese Equities

2.9%

Asia Pacific Equities

2.5%

Emerging Markets Equities

1.2%

UK Gilts

36.3%

UK Corporate Bonds

19.2%

UK Corporate Bonds (High Yield)

5.4%

Property

2.2%

Dynamic Real Return

5.0%

Cash/Other

4.0%

As at 31 December 2003 - 2017

Assets

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

Equities

33%

32%

32%

33%

35%

27%

28%

26%

21%

26%

31%

27%

15%

10%

10%

Property

2%

2%

2%

2%

2%

3%

3%

3%

3%

3%

4%

6%

7%

11%

12%

Fixed Interest

61%

61%

61%

62%

60%

66%

65%

67%

69%

68%

61%

65%

73%

73%

75%

Cash/Other

4%

5%

5%

3%

3%

4%

4%

4%

7%

3%

4%

2%

5%

6%

3%

The table below shows the target asset mix and the permitted range for each asset type.

Assets

Benchmark

Permitted Range

UK Equities

17.50%

15.00% to 22.00%

US Equities

2.50%

0.00% to 5.00%

European Equities

1.75%

0.00% to 4.00%

Japanese Equities

1.5%

0.00% to 3.00%

Asia Pacific Equities

1.5%

0.00% to 3.00%

Emerging Markets Equities

1.25%

0.00% to 3.00%

UK Gilts

38.50%

20.00% to 45.00%

UK Corporate Bonds

21.50%

0.00% to 35.00%

UK Corporate Bonds (High Yield)

5.00%

0.00% to 7.00%

Property

0.00%

N/A

Dynamic Real Return

5.00%

4.80% to 5.20%

Cash/Other

4.00%

0.50% to 10.00%

Where

Total Equities

31.00%

26.50% to 35.50%

You can contact us

You can contact our UK-based team for more information:

Email us

LifeServicing@LV.com

Please include your policy number.

Or find the right phone number for your query:

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