Lower charges for smoothed investment journeys
Smoothed Managed Funds Annual Management Charge (AMC) now from 0.80%.
Smoothed Investments:
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Servicing
Advisers who place smoothed bond, ISA or TIP business
We are improving our adviser charge payment structure by producing consolidated weekly payments and statements.
For more information, please contact our LV= Agency Team at [email protected] or 0800 032 8633.
The smoothed difference
The LV= Smoothed Managed Funds provide an investment journey with a smoother return profile than is generally available from many multi-asset investment funds through our fund price averaging mechanism.
This smoothed return profile makes these funds particularly attractive for investors who are:
- Unsettled by volatile investment journeys.
- More concerned about possible losses than probable gains.
- Uncomfortable with the extreme ups and downs of stock market investments.
- Looking to avoid cliff-edge drops in fund performance.
- Concerned about exposing their accumulated capital to undue risk.
Smoothed Managed Funds Adviser Guide
View and download our Smoothed Managed Funds adviser guide.
Our established approach to reducing risk with smoothed funds
Our Smoothed Managed Funds have a track record of performing as they should during difficult market conditions. During the heightened market volatility in early 2020, our funds continued to function normally – with no unexpected price adjustments.
With a range of multi-asset, risk-rated options, our funds have been designed to deliver a low volatility investor experience for your risk-sensitive clients – typically those who are in or nearing retirement.
How does our mechanism work?
Suited to your risk-averse clients, smoothing helps to iron out the highs and lows of the market. The result: a smoothed average fund price.
Learn more about our unique smoothing mechanism
Fund management
Our Smoothed Managed Funds are multi-asset and risk-rated to specifically appeal to clients with a ‘very low’ to ‘medium’ attitude to investment risk. They are managed to our exacting mandate in partnership with BlackRock, one of the world's largest asset managers.
More on how our funds are managed
Optional capital guarantees
10-year guarantee period only available with the Smoothed Managed Cautious fund across LV= ISA, LV= Smoothed Pension, LV= Smoothed Bond and LV= TIP – helping to further reduce the risk for your clients.
Accessing our Smoothed Managed Funds
Our Smoothed Managed Funds are available through our off platform LV= ISA, LV= Smoothed Pension, LV= Smoothed Bond and LV= TIP, as well as our on-platform LV= Pension Portfolio and LV= ISA Portfolio.
More on LV= Platform ServicesImportant information
As with any investment, there are some important things you need to know about our Smoothed Managed Fund range:The funds within our Smoothed Managed Fund range are designed to provide long-term steady to moderate growth for at least 5 years or longer.
Our smoothing process doesn’t prevent investments from dropping in value. Smoothing will not prevent losses in longer term falling markets.
Your clients’ investments go down as well as up – they could get back less than invested.
Where a guarantee option is available, your client will need to be aware of the associated terms and charges.
Smoothing can be suspended at our discretion. This may be in exceptional conditions or if the underlying price was 80% or less of the averaged price. If smoothing was suspended the funds may need to be valued using the underlying price. For some funds, we also have discretion to use a daily gradual averaged price with an appropriate smoothing period of up to 26 weeks.
- Full details are contained in the 'CFPPFM for unitised Smoothed Managed Funds business'
- Full details for the LV= ISA are contained in the 'CFPPFM for unitised LV= ISA business'.
Our charges
Lower charges doesn't have to mean a compromise on quality.
Investors can now access smoothed returns and quality active management in partnership with BlackRock from an AMC of 0.80%* - one of the best value smoothed funds available in the market today.
Our Smoothed Bond is on offer at just 0.75% for a limited time only. Fund Size Discounts also available.
*The AMC for the LV= ISA is 0.95%.
We aim for full transparency regarding our charges for Smoothed Managed Funds. If further detail in addition to the below is required, please read our SMF Charges guide.
Annual management charge
Fund Size Discounts
Fund switching charges
Guarantee charge
Adviser charges
Defaqto
We commission Defaqto to carry out a Q&A due diligence review of our Smoothed Managed Funds range to offer advisers an independent evaluation of our proposition.
Learn more about our Smoothed Managed Funds
We publish quarterly investment performance updates, keep you up to date on our Smoothed Managed Funds proposition and dive deeper into topical savings and retirement themes on our video and webinar library.
Our LV= Smoothed Managed Funds wrappers
LV= TIP
The Smoothed Managed Funds Trustee Investment Plan (LV= TIP) provides access to our smoothed funds as part of your client's SIPP or SSAS.
LV= Smoothed Bond
The onshore investment has unique features to provide long-term steady to moderate growth.
LV= ISA
Our stocks and shares ISA aims to lessen the impact of short-term market volatility on your client's investment using our unique and transparent smoothing mechanism.
LV= Smoothed Pension
With a choice from a range of multi-asset pension funds, your client can grow their money with a reliable, low-volatility investor experience.Our on-platform solutions
LV= ISA Portfolio (available via LV= Platform Services)
A stocks and shares ISA that offers consolidation of current and previous year's ISAs into one tax efficient environment with full flexibility on withdrawals.
LV= Pension Portfolio (available via LV= Platform Services)
Offering flexibility for the most simple or sophisticated requirements to meet changing needs into and through retirement.
Let's talk
0800 032 82989am - 5pm Mon-Fri
TextDirect: first dial 18001. We may record or monitor calls for training and audit purposes.
Email [email protected] to book an introductory meeting. Please quote your FCA number and postcode.