The With Profits Funds offer an array of benefits:
- Diversified funds invested in a wide range of asset classes
- Smoothed returns to mitigate market volatility
- Designed for medium to long-term investment (five years or more)
- Run by the Investment Team of the Year 2020 (Insurance Asset Risk Awards).
- A sustainable investing approach to not just how we invest, but where we invest.
The value of investments and any income can go down as well as up. Investors may get back less than they invest.
"Because Wesleyan has been here for over 180 years, we are highly experienced and committed to getting the right results"
Below you’ll find all the information you need for investing in the With Profits Funds via financial intermediaries:
ISA Investment Plan
Investing in the With Profits Growth Fund Series A
Trustee Investment Plan
Investing in the With Profits Growth Pension Fund Series A
Your adviser can access performance and price information on the With Profits Growth Fund Series A and With Profits Growth Pension Series A. Please speak to your adviser for more information.
All insurance companies issuing With Profits policies are required to establish and maintain their 'Principles and Practices of Financial Management' (PPFM).
This document provides more details than our short guides on how we manage our With Profits business:
Why choose the With Profits Funds?
One of the most important aims of our With Profits Funds is to protect against short-term fluctuations through smoothing. Smoothing seeks to make investment returns more consistent over time, as strong performance in one period helps to offset poor performance in another.
The With Profits Funds invest in UK and international shares, bonds, property, cash and other related investments. Our mix of higher risk investments is carefully monitored - and due to our financial strength, we can hold a significant amount of higher risk investments to improve long-term returns.
The With Profits Funds are run by Marc O’Sullivan. Marc joined Wesleyan in 2003 as an Investment Analyst and has been a Fund Manager since 2012.
Marc is backed in the running of the funds by an award-winning investment team of Fund Managers and Analysts - named Investment Team of the Year at the Insurance Asset Risk awards 2020.
Wesleyan’s financial strength
At Wesleyan, we always aim to have more money than required, to pay out to all our current With Profits fundholders.
From this position of financial strength, we can distribute some of our reserves to With Profits fundholders. When this happens, investors in the With Profits Growth Fund and With Profits Growth Pension Fund will get their share.
For more reasons to invest, take a look at How our With Profits Fund works PDF (0KB)
Wesleyan’s approach to sustainable investing
We proudly manage more than £8 billion of our customers’ and members’ money in companies across the globe.
As a mutual, we strive to make sure that the impact we have on the climate and our communities does as much good as the impact we have on your investments.
We’re committed to investing in companies that seek to reduce harm, have a positive impact and drive positive change. Companies that are actively working to protect the environment and tackling the issues that impact the planet and its people.
To find out more about our sustainable investing approach and what it means to us at Wesleyan, read our Sustainable investing policy here PDF (681KB)
Smoothing is one of the key differences between the With Profits Funds and most other types of investment fund. Simply put, it’s a mechanism to reduce the effect of short-term market fluctuations. It helps investors worry less about the ups and downs of investing.
When the With Profits Funds are performing particularly well, we don’t pass all the returns to investors straight away. Instead, we hold some back in the fund – ready to cushion any fall in value during times of poorer performance.
The graphic below shows an example of smoothing in action: