02 January 2026
Wesleyan Smooth Fund – Frequently Asked Questions
Q. What is the fund’s investment goal?
A. The fund aims for long-term growth through medium to long-term investing, using a proven, straightforward approach.
Q. What asset classes does it invest in?
A. The fund invests in equities, bonds, cash and property, following a transparent, no-nonsense strategy.
Q. Is the fund actively or passively managed?
A. It is actively managed, with selective stock picking and fundamental analysis rather than simply tracking an index.
Q. How does the fund generate returns?
A. The fund follows a buy-and-hold philosophy, focusing on well-run companies with strong prospects and profitability.
Q. Why choose the Smoothed Wesleyan With Profits Growth Fund?
A. Our fund is designed to make investing simple and stress-free. With our smoothing process and hands-off approach, you won’t need to worry about constant monitoring or complex admin. We take care of the details, so you can focus on your clients’ goals.
Q. What is the fund’s risk level?
A. Risk rating is based on the underlying assets rather than price behavior. The fund aims to deliver good growth with reduced volatility compared to peers.
Q. How does the fund perform in down markets?
A. Evidence shows the fund has performed well during market dips, supported by its smoothing mechanism.
Q. What are the main risks?
A. The fund is exposed to market, credit, currency, and liquidity risks, but maintains a strong sterling base and a cash buffer for property holdings.
Q. Does the fund use leverage or derivatives?
A. No leverage or derivatives are used for investment returns. Derivatives may be used by actuaries for risk hedging in extreme conditions.
Q. Who manages the fund?
A. The fund is managed by an experienced team with over 15 years of tenure and external awards for performance.
Q. What is the Ongoing Charges Figure (OCF)?
A. The OCF is 0.74% all-in.
Q. Are there entry/exit charges or performance fees?
A. No entry or exit charges, and no performance fees.
Q. How often can investors deal in the fund?
A. Daily dealing (T+3) with no notice period.
Q. Is the fund available on platforms?
A. Yes, it is currently available on four platforms – Wealthtime, Nucleus, Aberdeen and Hubwise - with more to come.
Q. What reporting is provided?
A. Monthly and quarterly factsheets are available, along with adviser support materials.
Q. What is the legal structure and regulator?
A. The fund is an insured Life Fund, domiciled in the UK and regulated by the FCA.
Q. Are there any recent changes to the strategy?
A. Yes, there has been an increased global focus, particularly on US equities.
Q. How does the smoothing mechanism work?
A. The fund applies daily smoothing, reducing gaps between smoothed and unsmoothed values continuously.