HL MULTI-INDEX ADVENTUROUS

The HL Multi-Index Adventurous fund is the highest risk of the range. On a scale of one to ten, if investing entirely in global shares is a ten, this fund would receive a rating of ten. It aims to deliver a similar risk to investing into the broad global stock market and invests entirely into company shares to maximise returns. You should be prepared to invest through the ups and downs of the stock market, which can be considerable at times.

HL Multi-Index Adventurous

Risk rating (10/10)

Compared to:

HL Growth Fund (Default investment Fund)

Risk rating (8.5/10)

How does HL Multi-Index Adventurous work?

The fund is different to tracking the global stock market because our experts select the investment mix between company shares in the UK, other developed countries as well as shares in emerging markets. Our experts decide the split between different markets based on our views of where the best opportunities can be found.

Shares in “emerging markets” include companies based in emerging economies such as Taiwan, India and Brazil. Emerging market shares have a higher potential for growth and are generally higher risk – with more ups and downs - than shares in more developed countries. View the HL Multi-Index Adventurous factsheet Download HL Multi-Index Adventurous Key Investor Information Document

Expected returns

We forecast a full range of outcomes for markets, allowing us to calculate the most likely potential returns for this fund, as well as good and bad outcomes. The potential outcomes you could expect from this investment are based on you investing £10,000 as a lump sum for 10 years:

HL Multi-Index Adventurous

Bad outcome	Average outcome	Good outcome
£10,362.08	£20,453.36	£30,205.87

Compared to:

HL Growth Fund (Default investment fund)

Bad outcome	Average outcome	Good outcome
£11,171.50	£19,716.15	£28,176.94

Where does HL Multi-Index Adventurous invest?

Equities

Developed Markets	84.20%
Emerging Markets	15.80%

Fixed Income

Global Corporate Bonds	0.00%
Government Bonds	0.00%
Higher Risk Bonds	0.00%

Seeking Growth	100.0%
Seeking Stability	0.0%

Equities

UK Equity	9.6%
Developed Ex UK Equity	74.6%
Emerging Market Equity	15.8%
Global Smaller Companies	0.0%

Fixed Income

Global Corporate Bonds	0.0%
Global Sovereign Bonds	0.0%
Global Inflation Linked Government Bonds	0.0%
Global High Yield	0.0%
EM Sovereign Bonds ($)	0.0%
EM Sovereign Bonds LC	0.0%
EM Corporate Bonds ($)	0.0%

Charges

Yearly charge based on an example £1,000 investment and a maximum HL platform fee of 0.45% and assuming no growth.

HL Multi-Index Adventurous

Fund charge (0.30%)	HL platform fee (0.45%)	Total annual charge (0.75%)
£0.00	£4.50	£7.50

Compared to:

HL Growth Fund (Default investment fund)

Fund charge (0.10%)	HL platform fee (0.45%)	Total annual charge (0.55%)
£1.00	£4.50	£5.50

See how the costs will affect your investment in detail

The fund charge is taken automatically from the money within your pension. It includes all fund expenses but transactions within the funds can have additional costs. These costs are incurred by all funds when investments within them are bought or sold. All these costs are reflected in fund charges.

The HL platform fee covers the automatic changing of funds within your pension when needed and the cost of looking after your investments. This won’t exceed 0.45% per year and is taken from your pension once a month.

The funds are administered by Hargreaves Lansdown Asset Management Ltd and the underlying funds are managed by Hargreaves Lansdown Fund Managers Ltd, both part of the Hargreaves Lansdown Group. If you invest, HL will benefit from the fund charge, as well as the HL platform fee.