Permanent Profit Plan

Permanent Profit Plan investment information

Report overview

Before we get started...

  • This information does not constitute investment advice and we recommend that you speak to a financial adviser before making any investment decision based upon this, or any other information.
  • This includes sustainability information in accordance with the Task Force on Climate-related Financial Disclosure (TCFD) product reporting requirements. 

LV= Strategic Growth Fund information

Permanent Profit Plans are invested in a unit-linked fund called the LV= Strategic Growth Fund.

What the fund invests in

The LV= Strategic Growth Fund is wholly invested in the M&G UK Sustain Paris Aligned Fund. This was previously called the M&G UK Select Fund but the name of the fund was changed on 13 July 2022 along with the addition of a sustainable objective which resulted in it investing in companies that contribute towards the Paris Agreement climate change goal. There was no change to this M&G fund’s current financial objective which remains to provide a higher total return (capital growth plus income), net of ongoing charges, than the FTSE All-Share Index over any five-year period. 

The fund invests primarily in equities across a wide range of industries, with smaller holdings in transferable securities or cash.

There are different share classes for this fund and the type that the LV= Strategic Growth Fund invests in is called Sterling Class A Income shares.

The M&G UK Sustain Paris Aligned Fund is actively managed by M&G, who set the objective and the asset mix of the fund and set the benchmark (how the performance is measured). LV= do not control the underlying investments of this fund.

The M&G UK Sustain Paris Aligned Fund is considered a comparatively high risk fund. It has historically experienced large rises and falls in value and should be considered a long term investment.

Being invested in a higher risk fund it’s important that you’re comfortable your investment remains suitable for your needs. We recommend regularly speaking to a regulated financial adviser.

You’ll find more information about the M&G UK Sustain Paris Aligned Fund on the M&G website. Just type M&G UK Sustain Paris Aligned Fund into your internet search engine (it’s the Sterling Class A Income shares that are applicable to your investment). 

TCFD product report

The LV= Strategic Growth Fund is wholly invested in the M&G UK Sustain Paris Aligned Fund. As LV= does not control the underlying investments of this fund, we suggest that our members and advisers refer to the TCFD product report available on the M&G website. 

You can access information from the external fund manager M&G via the link below. As these reports are not provided by LV=, we have not independently validated the content of the fund report and therefore LV= does not warrant that any information from third-party sources is accurate or complete.

M&G UK Sustain Paris Aligned Fund