Multi Strategy Fund

Choose a strategy that suits your attitude to risk

Multi Strategy Fund at a glance

Risk level Choose your own risk level
What are the different risk levels?
Minimum investment: £10,000 (or US dollar equivalent)
Regular savings plan from £100 ($200) per month
What is a regular savings plan?
Up front fee: 4-5% of your investment
(dependent on strategy selected)
Currencies available:
  • Sterling (6 strategies)
  • US dollar (2 strategies)
Fund switching: Fee-free switching between strategies

Latest fund prices and yields

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How does the Multi Strategy Fund work?

The Multi Strategy Fund offers a choice of strategies for growing your money long term, and the flexibility to switch between different strategies to suit your circumstances.

Strategies are available in sterling or US dollars. The minimum lump sum investment is £10,000 (or US dollar equivalent). You can invest as little as £100 or $200 per month with our regular savings plan.

You can check your investment value online at any time with our online portfolio service. You'll also receive a paper statement every 6 months.

Whenever you want to access your money, just sell some or all of your shares in the Fund — there are no penalty fees.

We have a dedicated call centre where you can speak directly to a fund representative.

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What's the level of risk?

The different strategies within the Multi Strategy Fund let you choose a level of risk you're comfortable with, from balanced to adventurous.

See an overview of the strategies.

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What will I be investing in?

The Multi Strategy Fund invests in other funds, letting you benefit from the investment experience of Lloyds TSB, Scottish Widows Investment Partnership and the Russell Investment Group.

Each strategy offers a different mix of investment types — from lower risk cash investments aimed at keeping your money secure to more adventurous equity investments that offer higher potential returns.

See an overview of the strategies.

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How long should I plan to invest for?

You should plan to invest for the medium or long term — at least 5 years.

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Who is the Multi Strategy Fund for?

Choose the Multi Strategy Fund if you're looking for:

  • choice in your investment strategy: choose a risk level you feel comfortable with when you make an investment — and change your strategy easily if your circumstances change.
  • real expertise behind your investment: access the combined expertise of Lloyds TSB, Scottish Widows Investment Partnership and the Russell Investment Group.

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Who is the Multi Strategy Fund not for?

The Multi Strategy Fund is not the right choice if:

  • you need a regular income: if you need an income from your investment, for example to supplement a pension, take a look at our income funds.
  • you're looking for a smaller investment: if you don't want to invest a minimum of £10,000 or £100 per month, select a fund that suits you using our Savings and Investments Finder.

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How to apply

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More information


It should be remembered that the value of shares and the income from them can go down as well as up and cannot be guaranteed. The funds and fund managers utilised within each Strategy may vary and full details are available within the prospectus. Much of the growth in the value of the Cautious, Conservative and Balanced Strategies will be achieved through the generation of income, which will be distributed to shareholders and reinvested.

An investment in a currency other than the shareholder's own base currency or in a fund that invests in securities denominated in currencies other than its base currency will be subject to the movements of foreign exchange rates, which may cause an additional favourable or unfavourable change in value. Consequently, investors may, on selling their shares, receive an amount greater or less than their original investment.