Investment products like pensions often contain a mix of asset types, from bonds to company shares (also known as equities). This strategy of diversification is designed to spread the level of risk and reward as each asset type performs differently. Bonds are a type of loan issued by governments or corporations to investors to provide a fixed income over a fixed period based on an agreed interest rate. Bonds may offer a more predictable revenue stream compared to equities, which are portions of company ownership where the company’s value, divided by the number of shares in issue, forms the individual share price - which fluctuates in value and offers the possibility of unlimited returns.
Putting your pension under a microscope, you’ll see that you probably own a miniscule percentage of a multitude of the world’s largest and most successful companies including the big players in the technology sector, known as the ‘Magnificent Seven‘, which includes the likes of Apple, Microsoft and Meta. These company shares make up some of the equity portion of your pension, and individually are known as holdings within your pension plan. The ‘top’ holdings in your pension refer to the companies you have the largest investment in. When your pension’s invested through PensionBee, these companies are carefully selected by some of the world’s biggest money managers.
Keep reading to find out the top 10 holdings of your PensionBee plan.
The following represents the equity holdings only and portfolio weights are normalised. Please note that holdings can change at any time and are provided for informational purposes only.
Tailored Plan
PensionBee’s Tailored Plan invests your money differently as you go through life, moving your money into safer investments as you get older.
The table below is based on one of our most popular vintages of the Tailored Plan (LifePath 2037 - 2039).
| Top 10 holdings | % of equity portion | |
|---|---|---|
| 1 | Apple | 1.8% |
| 2 | Microsoft | 1.7% |
| 3 | NVIDIA | 1.6% |
| 4 | Amazon | 0.9% |
| 5 | Meta | 0.6% |
| 6 | Alphabet | 1.0% |
| 7 | Tesla | 0.4% |
| 8 | Broadcom | 0.4% |
| 9 | Eli Lilly | 0.4% |
| 10 | JP Morgan Chase & Co | 0.3% |
Holdings as of 30 September 2024.
With this plan you’ll benefit from:
- one simple annual fee of 0.70%; and
- fund management by BlackRock.
Tracker Plan
PensionBee’s Tracker Plan invests your money in global shares and bonds, with investments that follow the world’s markets as they move.
| Top 10 holdings | % of equity portion | |
|---|---|---|
| 1 | Apple | 3.6% |
| 2 | Microsoft | 3.4% |
| 3 | NVIDIA | 3.0% |
| 4 | Alphabet | 1.9% |
| 5 | Amazon | 1.8% |
| 6 | AstraZeneca | 1.3% |
| 7 | Meta | 1.3% |
| 8 | Shell | 1.2% |
| 9 | Unilever | 0.9% |
| 10 | Broadcom | 0.8% |
Holdings as of 30 September 2024.
With this plan you’ll benefit from:
- one simple annual fee of 0.50%; and
- fund management by State Street Global Advisors.
4Plus Plan
PensionBee’s 4Plus Plan invests your money in a range of assets that are adjusted on a weekly basis depending on market conditions by experts at State Street Global Advisors.
| Top 10 holdings | % of equity portion | |
|---|---|---|
| 1 | Apple | 1.0% |
| 2 | Microsoft | 1.0% |
| 3 | NVIDIA | 1.0% |
| 4 | Taiwan Semiconductor Manufacturing | 0.6% |
| 5 | Amazon | 0.5% |
| 6 | Meta | 0.4% |
| 7 | Alphabet | 0.5% |
| 8 | Eli Lilly | 0.3% |
| 9 | Broadcom | 0.2% |
| 10 | Tesla | 0.2% |
Holdings as of 30 September 2024.
With this plan you’ll benefit from:
- one simple annual fee of 0.95%; and
- fund management by State Street Global Advisors.
Impact Plan
PensionBee’s Impact Plan actively invests only in companies addressing the world’s great social and environmental needs whilst saving for your retirement.
| Top 10 holdings | % of equity portion | |
|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2.6% |
| 2 | Eli Lilly | 2.0% |
| 3 | ASML Holding NV | 1.9% |
| 4 | Thermo Fisher Scientific INC | 1.8% |
| 5 | Danaher Corp | 1.8% |
| 6 | Schneider Electric | 1.7% |
| 7 | Boston Scientific Corp | 1.7% |
| 8 | Iberdrola SA | 1.7% |
| 9 | Intuit INC | 1.7% |
| 10 | Stryker Corp | 1.7% |
Holdings as of 30 September 2024.
With this plan you’ll benefit from:
- one simple annual fee of 0.95%; and
- fund management by BlackRock.
Shariah Plan
PensionBee’s Shariah Plan invests your money only into Shariah-compliant companies. The plan tracks the Dow Jones Islamic Market Titans 100 Index, an index of the 100 largest global stocks that comply with Islamic investment guidelines as approved by an independent Shariah committee.
| Top 10 holdings | % of equity portion | |
|---|---|---|
| 1 | Apple | 8.0% |
| 2 | NVIDIA | 8.0% |
| 3 | Microsoft | 7.8% |
| 4 | Alphabet | 5.9% |
| 5 | Amazon | 5.8% |
| 6 | Meta | 4.2% |
| 7 | Broadcom | 2.7% |
| 8 | Tesla | 2.4% |
| 9 | Eli Lilly | 2.3% |
| 10 | UnitedHealth Group | 1.8% |
Holdings as of 30 September 2024.
With this plan you’ll benefit from:
- one simple annual fee of 0.95%; and
- fund management by HSBC Global Asset Management and State Street Global Advisors.
Preserve Plan
PensionBee’s Preserve Plan is a money market fund that makes short-term investments into creditworthy companies. This reduces risk and preserves your money.
There’s no equity component to this plan, so there’s no top 10 company holdings.
With this plan you’ll benefit from:
- one simple annual fee of 0.50%; and
- fund management by State Street Global Advisors.
Pre-Annuity Plan
PensionBee’s Pre-Annuity Plan invests your money in investment grade corporate bonds to provide you with returns that broadly correspond to the cost of purchasing an annuity.
There’s no equity component to this plan, so there’s no top 10 company holdings.
With this plan you’ll benefit from:
- one simple annual fee of 0.70%; and
- fund management by State Street Global Advisors.
Will my top 10 holdings change?
Yes, your holdings are constantly changing, as the financial fates of the world’s biggest companies play out each day. Currently we’re living in a time where the technology sector is highly lucrative for investors. ‘Big tech’ like Apple and Microsoft have held the top spot of the world’s most valuable companies for over a decade, but this hasn’t always been the case.
We know from historical data that the companies of today may not be the companies of tomorrow. Before that oil and gas giant, ExxonMobil, was the biggest company. And even further back the multi-industry company, General Electric Company, held the top spot. Your money is in experienced hands as our money managers are some of the biggest in the world and make informed decisions based on global appetite and change your holdings accordingly.
Have a question? Get in touch!
Do you want to know more about your pension plan with PensionBee? You can check out our Plans page to learn how your money is invested in different assets and locations, or log in to your BeeHive to see your specific plan. You can always send comments and questions to our team via engagement@pensionbee.com.
Risk warning
As always with investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest. This information should not be regarded as financial advice.
