We categorise our funds using a list of 'fund types' so that similar types of funds can be compared more easily. We also assign each fund a risk/return rating to help you understand the investment risk - see the definitions here.
These fund types are mainly decided by the types of ‘asset class’ a fund invests in. An asset is anything of value that can be invested in.
Assets with similar characteristics are grouped together to form ‘asset classes’. There are four main asset classes – equities (shares), cash, bonds and property – each with different pros and cons.
An investment fund will invest in one or more asset classes. We categorise a fund based on what type and share of asset class/classes it invests in. For example, funds in the ’Equities’ category will mainly invest in equities. Some funds may also belong to more than one category. For example, an equity fund that aims to follow a specific stock market index will also be in the 'Tracker' category.
Knowing what category your funds are in lets you compare one fund with another of a similar nature. The funds available for your plan can be filtered by fund type in the Fund Centre.
Remember that for ex-Friends Life funds, the management of your funds hasn’t changed. You can still access a fund that suits your needs and helps you meet your investment objective – whatever that may be.
A balanced approach
Some investors like to spread their investments across funds that invest in shares, fixed interest, property and money markets, as well as in assets located across different parts of the world. This aims to reduce the overall risk of their total investments and is known as ‘diversification’. The fund range available to you includes funds that invest across different asset classes and geographic regions.
There is no guarantee that selecting funds that combine asset classes will be more beneficial than investing in single asset class funds, as all funds carry an element of risk.
What you need to think about when it comes to risk
Please remember that the value of your investments can go down as well as up, and may be worth less than the amount paid in.
Before making any investment you need to consider your personal financial situation and what you want to get out of your investment.
Your financial adviser will help you assess your financial situation, needs and your attitude to risk.
View our fund range
Remember to read all the important information before visiting our fund centre and viewing the entire range.
Read our guide to the fund factsheets.
Looking for something else?
We have a range of products for you to invest in.
Please remember, the value of your investments can go down as well as up and may be worth less than was invested. Tax treatment is subject to change and individual circumstances.
Aviva Stocks & Shares ISA
You can invest up to £20,000 tax-free in the 2021/22 tax year in a stocks and shares ISA. Make changes or take out money whenever you need without notice or penalties.
Aviva Investment Account
When you want to invest beyond your ISA limit, you could choose our professionally managed funds, starting with a lump sum or by making monthly payments.
Savings and Investment articles
Take a look at our library of helpful articles and guides.
A quick guide to investment asset classes
What do you see when you think of an ‘investor’? It’s easy to visualise a well-heeled person in a sharp suit clutching a financial newspaper, but the truth is very different.
Should you overpay your mortgage or invest?
How to use spare cash now to benefit you in the future.
Understanding investment risk
What risk means for your money and how to manage it.
Take a peek at our online investment platform
Want to see what our online investment platform looks like before you open an account?
Get to know Aviva Save
Find out how our savings marketplace works, before you register for an account.
How to pick the right savings account for you
Find out what you should consider with our handy guide.
Ways to save money for your children
Find out the difference between opening Junior ISAs and using your own ISA allowance.
Am I financially ready to invest?
You might think you don’t have enough money to start investing, but you may be closer than you think.
How do ISAs work?
Our guide to how ISAs work, your annual allowance and the types of ISA to choose from.
Risks and rewards of investing
Our guide to the pros and cons of different types of investments.
What is ESG investing?
Environment, social and governance (ESG) investing is on the rise. What key things do you need to know to grow your money sustainably?
Discover the tax-efficient junior ISA (JISA)
We all want our children to have the best start in life, with a Junior ISA, they can look forward to a cash sum at 18 and a brighter future. Find out more here.
Investing in funds: the basics
Thinking of investing? Here’s what you need to know about funds
How to make the most of your investments
Explore six things we think every investor should be doing.
What is investing?
Find out how you could make your money work smarter with our easy-to-understand guide.
How do we pick our Experts' shortlist investment funds?
Learn how we pick our Expert shortlist investment funds.