Funds for Life products
Our range of Aviva and ex-Friends Life funds
We have a range of Aviva and ex-Friends Life funds for your life policies. Once you’ve read all the important information, you can check out the Aviva Fund Centre to see our fund range.
If you’re new to investing, then take a look at how to get started with investing. We give each fund a risk/return rating — see the definitions here.
Aviva
Each product has a specific range of funds to choose from, which is usually denoted by the 'fund series'. If a fund has more than one series there may be a difference in the unit prices and charges. If you’re an existing customer, you will have been assigned a particular fund series when your investment started.
Tip: If you're unsure of your product name or fund series, you can check your annual statement (the fund series will be displayed as ‘S2’ or ‘(CGU)’ for example). If you don’t have your annual statement to hand, you can check our list of products shown below.
| Product Name | Fund Series |
|---|---|
| Portfolio Bonds which started between 2 October 2000 and 6 July 2003 and for FlexiBonds which started on or after 2 October 2000 | Life Series 1 |
| For Homemaker Plus policies which started on or after 2 October 2000 | Life Series 2 |
| For Bond 2000s which started on or after 2 October 2000 | Life Series 3 |
| For Portfolio bonds which started on or after 7 July 2003, Select Investment bonds and Co-operative Investment Bonds | Life Series 4 |
| For Portfolio Bonds taken out with CGU Life | CGU Life |
| For Homemaker Plus policies taken out with CGU Life | CGU Life Series 2 |
| For Life policies such as endowments and bonds taken out with GA Life | General Accident Life (GA) |
| For Life policies such as endowments and bonds taken out with Norwich Union before 2 October 2000 | Norwich Union Life (NU) |
| For Life policies such as endowments and bonds taken out with Commercial Union | Commercial Union Life (CU) |
| For Life policies such as endowments and bonds taken out with Provident Mutual | Provident Mutual Life (PM) |
| For Life policies such as endowments and bonds taken out with National Westminster Life Assurance (transferred to Aviva Life & Pensions UK Limited on 30 September 2011) | Ex National Westminster Life Assurance |
| For Life policies such as endowments and bonds taken out with Royal Scottish Assurance (transferred to Aviva Life & Pensions UK Limited) | Ex Royal Scottish Assurance |
Ex-Friends Life
Here's a list of the product types that use ex-Friends Life funds
| Product description |
|---|
| Life products originally purchased from London & Manchester |
| Life products originally purchased from National Mutual |
| Life products originally purchased from Friends Provident or Friends Life that include internal funds |
| Life products originally purchased from Friends Provident or Friends Life that include funds managed by other fund managers (external funds) |
| Life products originally purchased from AXA Sun Life taken out from May 2002 with a policy number starting 200 |
| MLC Investment Bond originally purchased from AXA Sun Life |
| Premium Select Bond originally purchased from AXA Sun Life |
| Life products originally purchased from Equity & Law or Sun Life |
| Life products originally purchased from Winterthur |
Charges
If a fund has a particular charge, you’ll see this disclosed on the Aviva Fund Centre. This charge is in addition to your product charges, which you’ll find details of in your policy documents.
Annual charge
This charge is taken into account in the buying or selling price.
Extra management charge/additional yearly charge
With certain funds you’ll have to pay an extra charge; this reflects the extra cost of managing these funds. The charge you'll pay will vary depending on the fund you choose. For bond customers: for funds with a guarantee, the extra charge will only apply up to the guarantee point.
Total additional yearly charge
This is the total sum of the extra management charge/additional yearly charge and any fund manager expense charge (FMEC).
Fund manager expense charge (FMEC)
FMECs are additional charges that cover the fund manager’s expenses connected with buying, selling, valuing, owning and maintaining the assets in the funds. This charge is taken into account in the unit price. FMECs may vary from year to year.
View our fund range
Once you’ve read all the important documents, you’re ready to view our fund range.
How to change funds
Change Aviva and ex-Friends Life funds in a few simple ways, depending on your type of plan.
Endowments
Monday to Friday: 9:00am 5:00pm
For our joint protection, telephone calls may be recorded and/or monitored and will be saved for a minimum of 5 years. Calls to 0800 numbers from UK landlines and mobiles are free.
Complete a form
Download and complete our switch form (if your plan isn’t covered by this form, just give us a call)
Download bond switching form (PDF 123 KB)
Ex-Friends Life
You can change your ex-Friends Life fund by sending instructions by post. We may, for single life policies, also be able to accept your instructions by other methods. Visit our contact us page to find the appropriate address or number for your policy.
All legal owners and Trustees (if applicable) of the policy must sign written instructions. If you're unsure who has to sign to agree to the switch or redirection, please contact us and we'll let you know.
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 free from income or capital gains tax in the 2023/2024 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.
Select Investment (Bond)
Got at least £10,000 to invest? You could put your money into an investment bond with growth and income options, although you’ll need to talk to an adviser first.
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