How to invest in with-profits funds

Investing your money via Select Investment

Investing through a bond

If you're interested in investing a single lump sum for an income, growth or both, then you can do so through an investment bond.

Our investment bond is called 'Select Investment'

It allows you to invest a single lump sum, and is designed to give you an income (through cash withdrawals from your bond), growth or both. With Select Investment, you can invest your money in a wide range of different funds, including with-profits.

You’ll need to have at least £10,000 to invest in a lump sum, with an upper limit of £1,000,000. Although there’s no fixed term, it’s designed to be a medium to long-term investment – so 5-10 years, or more. Remember, the value of your investment can go down as well as up, so you may get back less than you invested.

When you apply for Select Investment, one of the funds available to you is a with-profits fund.

If you’re not sure investing in with-profits is right for you, you can speak with your financial adviser to find out more. However, if advice is provided, there may be an additional cost to you.


A reassuring track record

With Select Investment you can choose to invest in with-profits through one of our with-profits sub-funds, the Aviva Life & Pensions UK Limited Old & New With-Profits Sub-Funds.

The table below shows the year-on-year percentage change in cash-in value based on investing in Select Investment on 1 January 2016 and includes all product charges, bonuses and any market value reductions up to 1 January 2022.

Aviva with-profits bond invested since 1 January 2016 % change in value
01/01/2016 - 01/01/2017 6.47%
01/01/2017 - 01/01/2018 5.08%
01/01/2018 - 01/01/2019 4.42%

01/01/2019 - 01/01/2020

01/01/2020 - 01/01/2021 -2.30%
01/01/2021 - 01/01/2022 6.51%

These figures only show what has happened in the past - they're not a guide to how the fund will perform in the future. Returns are not guaranteed and may go down as well as up depending on investment conditions. You may get back less than the amount which you invested.

You can also download a graph which shows how the returns from an Aviva with-profits fund compare to the FTSE 100. The values shown in the graph are after tax and include all product charges.

Download Long term past performance of with-profits and FTSE 100 (PDF 89 KB)

Looking to invest?

You can invest in a with-profits fund through our Select Investment Growth & Income Option. You'll need to apply through a financial adviser who can help you understand more about with-profits and whether it's right for you. Bear in mind that you may have to pay for their advice.

If you don’t have a financial adviser, you can find one near you at

Product provided by: Aviva Life & Pensions UK Limited. Registered in England No. 3253947. Registered office: Aviva, Wellington Row, York, YO90 1WR. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number: 185896.