The most popular funds with drawdown clients in September 2023

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Discover which funds HL drawdown investors bought most of in September 2023.

This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Published on 31 October 2023

It was correct at the time of publishing. Our views and any references to tax, investment and pension rules may have changed since then.

Drawdown is one of the most flexible ways to access your pension. It’s available from age 55 (rising to 57 from 2028) and you can usually take up to 25% as a tax-free cash lump sum, keeping the rest invested for later. You’re in control of how much taxable income you take and can make withdrawals whenever you want to.

If you’re already in drawdown or are planning to be, there are lots of approaches to investing.

We look at some of the funds that our drawdown clients bought last month. But bear in mind, these investors might have strategies different to you.

Some investors might be investing for income, taking only the cash income their investments make. Some might be investing for growth because they to keep their investments growing or make withdrawals from capital. And some might be looking for a combination.

You can find out more in our guide to investing in drawdown.

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