What type of fund is my Monzo Pension invested in?

Your pension invests in a fund (known as a target date fund) to keep it growing. The target date funds we offer are smartly designed to balance the risk they take as you get closer to retirement.

Using the age you aim to retire as a guide, they automatically shift from higher to lower risk investments. They invest in a mix of shares, bonds and other smaller investments, carefully changing how much they're investing in each of these things over time.