USS Global Equity Fund performance compared to Vanguard FTSE Global All Cap Index Fund

dllive

Hi,

For the past 3 years Ive been paying a much larger monthly amount into my USS Global Equity Fund than I have into my SIPP FTSE Global All Cap Index Fund.

How has the USS Global Equity Fund performed in that time compared to the Vanguard FTSE Global All Cap Index Fund?

Perhaps I should be better paying the much larger monthly amount into my Vanguard FTSE Global All Cap Index Fund and the smaller amount into my USS Global Equity Fund?

I also wonder if theres any pros/cons there are paying the much larger monthly amount into USS (or vice versa)? 

Thanks

ussdave

I'll let someone else more knowledgeable comment on the performance comparison but have you considered other factors (e.g. salary sacrifice NI saving and 0% fees in the USS fund)?

Linton

Unfortunately it would appear that the USS Global Equity Fund is something unique to the Universities pension scheme and so detailed information about it is not readily available.

The USS documentation dating from 2024 says it is 90% LGIM Climate Tilted Developed Markets Equity and 10% Bllackrock Aquila Emerging Markets.  But I cannot find the LGIM fund. 

Barralad77

USS GE has grown by 55% over the last 3 years (13% in the last 12 months).

UncleTomCobley

Ahd here is the USS fund as a chart - more info. is available on the USS website

The Vangaurd one (accumulation version) can be found here https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/v/vanguard-ftse-global-all-cap-index-accumulation/charts  - Note the chart defaults to 5 years.

dllive

Happy new year all.

Thanks for this. Seems the USS GE has out-performed the Vanguard FTSE Global All Cap Index Fund Acc. So Im happy with that.

@ussdave : As I understand it, my University doesnt SS on any AVCs I make.

ussdave

Ah, sorry to hear that.  At least with the 2029 changes to SS that won't really be a massive factor any more anyhow.

UncleTomCobley

dllive said:

Happy new year all.

Thanks for this. Seems the USS GE has out-performed the Vanguard FTSE Global All Cap Index Fund Acc. So Im happy with that.

@ussdave : As I understand it, my University doesnt SS on any AVCs I make.

Another great benefit of the USS methinks, is the ability to maximise the tax free sum taken linked to the defined benefit/Retirement Income Builder part up to HMRC limits by taking money from the defined contribution/Investment Builder part at the same time.

See "Take your whole pot as tax-free cash when you take your USS retirement benefits" from here https://www.uss.co.uk/for-members/thinking-about-your-future/using-your-investment-builder-pot

I'm sure everyone knows this but just in case

dllive

AH, thankyou @UncleThomasCobley , I seem to remember reading something about this ages. This is a good benefit!