On 27 June 2025, we’re closing the Aegon Baillie Gifford Multi Asset Growth (BLK) fund, available as part of our Aegon TargetPlan fund range across all share classes.
To prepare for this, on or around 18 June 2025, we’ll move any remaining investors into the Aegon BlackRock Dynamic Diversified Growth (BLK) fund.
We’re writing to those affected to let them know about the closure.
Why we’re closing the fund
The underlying fund manager, Baillie Gifford, are closing the underlying version of the fund, so we’re closing our version of the fund.
More about the Aegon BlackRock Dynamic Diversified Growth (BLK) fund
We’ve chosen this fund as we believe it’s the most broadly similar fund in our fund range in terms of where it invests and what it aims to do.
The fund aims to provide a return on your investment (generated through an increase in the value of the assets held by the fund) over the medium term (3 consecutive years), which exceeds the Bank of England's Base Interest Rate by 3.5% (before charges). The fund invests on a global basis at least 80% of its total assets in fixed income securities (such as bonds), money-market instruments (e.g. debt securities with short-term maturities), equity securities (e.g. shares), funds, deposits and cash.
There’s no guarantee the fund will meet its objective. The value of an investment can fall as well as rise and isn’t guaranteed. Investors could get back less than they invest.
For more information you can view the fund factsheet on the ‘Fund prices and performance’ page’ by selecting ‘TargetPlan funds’ and searching for the fund name.
What current investors need to do
If current investors are happy for their investment to move to the alternative fund, they don’t need to do anything. However, if investors feel that this fund isn’t suitable for them, they can switch their investment and redirect any future investment, free of any switch charge, into an alternative fund or funds of their choice.
If current investors wish to do this, they can view the funds available to their plan by logging into TargetPlan, selecting ‘Fund Information’ from the Dashboard and selecting the ’Switch funds‘ button to make the switch.
You should speak to a financial adviser in the first instance if you need advice about your investments. If you don’t have a financial adviser, you can find one in your area by visiting moneyhelper.org.uk/choosing-a-financial-adviser or find out more about advice services supported by Aegon by visiting aegon.co.uk/origen.
Origen Financial Services Ltd is wholly owned by Aegon UK place but operate independently to us.