On 16 June 2026, we’re closing the Aegon BlackRock Developed Markets Sustainable Equity fund, available as part of our insured Pension and Aegon Retirement Choices (ARC) fund ranges.
When the fund closes, we’ll move investors into the Aegon BlackRock ACS ESG Insights World Equity fund unless they tell us to move it to a different fund before then.
We’re writing to all those affected to let them know about the closure.
Why we’re closing the fund
The underlying fund manager, BlackRock, have decided to close the underlying fund, so we’re closing our version of the fund.
What this means for investors
Until the fund closes, investors can stay invested in it. Then, on 16 June 2026, we’ll move their investment and all future investment into the Aegon BlackRock ACS ESG Insights World Equity fund, free of any switch charge.
There’s more information in the table below:
Closing fund |
Alternative fund |
|---|---|
Aegon BlackRock Developed Markets Sustainable Equity fund |
Aegon BlackRock ACS ESG Insights World Equity fund |
Total Charge1 (for Pension investors) |
|
1.31% |
1.04% |
Fund Charge2 (for ARC investors) |
|
0.31% |
0.04% |
Aegon BlackRock ACS ESG Insights World Equity fund objective |
|
The fund aims to provide exposure to companies within the FTSE Developed World Index (Index) that meet the environmental, social and governance (ESG) criteria of the underlying fund manager. It aims to achieve these ESG related aims whilst balancing the return and risk profile of the fund in line with the Index. The fund seeks to provide a return (before charges) on your investment and maintain a risk profile that is similar to that of the Index. It will invest in equity securities (company shares) of companies within the Index or proxies (i.e. securities used as substitutes for equity securities of companies within the Index). The fund may also invest in equity-related securities (other investments whose value is related to equities), money market instruments, cash and other funds (including exchange traded funds). |
|
Source: Aegon UK
1This includes a standard 1% product charge, a fixed management fee and expenses that vary with the day-to-day costs of running the fund. Investors may pay a different product charge, in which case the Total Charge will be different.
2This is on top of any product or adviser charge and includes a fixed management fee, plus expenses that vary with the day-to-day costs of running the fund.
As this is a newly launched fund, performance data will be available after 12 months. The fund factsheet for the new fund will be available from 31 August 2026 on the ‘Fund prices and performance’ page of our website.
Select ‘Other fund ranges’ or ‘Aegon Retirement Choices (ARC)’ then search for the fund name.
There’s no guarantee the fund will meet its objectives. The value of an investment can fall as well as rise and is not guaranteed. Investors could get back less than they’ve paid in.
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 move their investment with no switch charge, into a different fund or funds by logging into their online account.
You should speak to your financial adviser in the first instance if you need advice about your investments. There’s likely to be a charge for this. If you don’t have a financial adviser, you can find one in your area by visiting Moneyhelper or find out more about advice services supported by Aegon by visiting Origen Financial Services.
Origen Financial Services Ltd is wholly owned by Aegon UK plc but operates independently to us.