GBP Growth Fund
The GBP Growth Fund is a Great British pound denominated fund employing a passive management strategy invested in 80% growth assets (international equities), with a 20% exposure to income assets (international fixed interest).
Investment Objectives
The fund seeks to track a composite index (before annual fund charge and tax), comprising 80% MSCI World (net dividends) (LCT) and 20% Bloomberg Barclays Global Aggregate Bond Index (GBP hedged).
Investment Managers
The table below sets out the target asset allocation and underlying investment managers for the Fund.
For more information you can access the Funds Statement of Investment Objectives and Policy (SIPO).
Asset Class |
Investment Manager |
Product Name | Benchmark Asset Allocation 1 |
International Fixed Interest |
iShares Global Aggregate Bond UCITS ETF |
20% | |
International Equities |
BlackRock Asset Management | iShares Core MSCI World UCITS ETF | 80% |
Total assets | 100% |
1 The Benchmark Asset Allocation, Maximum, Currency Hedging and Operating ranges are set out in the SIPO.
Fund Performance
Please find below the latest performance figures for the GBP Growth Fund as at 31 December 2020. The returns are after and fees and taxes:
PIR Tax Rate |
Month |
Quarter |
6-months |
12-months |
Inception |
28% |
2.55% |
8.51% |
14.02% |
10.31% |
12.20% |
0% |
2.71% |
8.88% |
15.02% |
9.81% |
13.01% |
* GBP Growth Fund was established on 24 December 2018
* Returns for periods longer than one year are annualised
The chart below illustrates the performance of £100,000 invested in the GBP Growth Fund from inception on 24 December 2018 to 31 December 2020. The chart shows cumulative investment performance after fees, and tax (at 28%):
Product Disclosure Statement
Download the PDS for more information about Garrison Bridge.
This is a replacement Product Disclosure Statement for the Garrison Bridge Superannuation Scheme.