Aviva Pension BlackRock Consensus FP

1 Pension FundNovember 2018 Aviva Pension BlackRock ConsensusFPThis factsheet provides factual information only. The information shown should not be used inisolation for making buying and selling aimBlackRock state that the fund provides a low-cost alternative to traditional balanced fund management. It aims to produce consistent investment performancein line with the average UK Pension fund and to avoid any violent swings between the upper and lower ends of the Pension fund performance league fund is made available by Aviva . Where an Aviva fund invests in a single third party fund, we refer to that third party fund as the underlying fund. It should benoted that the performance of the Aviva fund may not necessarily match the performance of the underlying fund. This is due to fund charges and the difference in thedate with which we and the underlying fund manager may use to price the fund. Further information on the fund charges used in this factsheet is shown on page fund key facts Launch dateNovember 2004 Fund size (as at 30/11/18) classificationABI SpecialistBenchmarkFor benchmarkdetails, see caveaton page 3 Investment stylePassiveMexIDFPXXKA viva fund risk rating Aviva allocates the risk rating of a fund using two stages:Firstly, calculation of the volatility of historical performancebased upon the guidelines recommended by the EuropeanSecurities and Markets Authority (ESMA).

2 Secondly, given thatvolatility is not the only indicator of a fund s risk, Avivaundertake additional research to identify any further risks thatmay impact the fund and therefore its final risk rating historical performance of funds with this risk rating hastypically experienced medium volatility compared with otherfunds Aviva has rated. This means that these funds have amedium potential for substantial changes in value comparedwith other Aviva fund key facts Launch dateMay 2017 Fund size (as at 30/11/18) codeBYW8WH0 ISIN codeGB00 BYW8WH07 Aviva fund risk warningSpecial risk warningA,B,EThe assigned warnings highlight the risks that the fundcan be exposed to, but at any given point in time thefund may not have exposure to all of these information about the special risk warning definitionscan be found on page is a trade mark of the London Stock Exchange Group companiesand is used by FTSE International Limited under licence. All rights in theFTSE indices and / or FTSE ratings vest in FTSE and/or its FTSE nor its licensors accept any liability for any errors oromissions in the FTSE indices and / or FTSE ratings or underlying dataand no party may rely on any FTSE indices, ratings and / or dataunderlying data contained in this communication.

3 No further distributionof FTSE Data is permitted without FTSE s express written consent. FTSE does not promote, sponsor or endorse the content of this communication. further information about terms used in these sectionscan be found on page 1 Pension Fund| Aviva Pension BlackRock Consensus FP|November 2018 Underlying fund breakdownThe fund breakdown shown below is provided by FE and derived from information reported by the fund manager. It mayinclude asset, sector or geographic allocations, as well as the credit ratings of any fixed interest elements of the fund(where available).Asset allocation (as at 30/11/18)The asset allocation below shows the percentage weightings of a fund broken down by asset class. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Cash & Cash note, there may be instances where allocations do not total 100% due to the rounding of the figures used tocompile these breakdowns. There may also be instances where a negative weighting is shown in the breakdown in orderto accurately reflect a fund's holdings.

4 This is usually associated with a cash holding, where a fund may be awaitingcompletion of outstanding transactions that affect this weighting in the holdings(as at 30/11/18)The top holdings listed below have been determined by the percentage their value represents within the fund. Wedisplay a maximum of 10 holdings, which may or may not represent the full holdings of the UK EQUITY INDEX FOF ACS 3 US EQUITY INDEX FOF ACS 3 DEVELOPED EUROPEAN EX UK EQUITY INDEXFOF ACS 3 DEVELOPED OVERSEAS GOVERNMENT BOND(EX UK) INDEX FOF ACS 3 ICS INSTITUTIONAL STERLINGLIQUIDITY UK GILTS ALL STOCKS INDEX FOF ACS 3 JAPANESE EQUITY INDEX FOF ACS 3 DEVELOPED ASIA PACIFIC EX JAPAN EQUITYINDEX FOF ACS 3 INDEX-LINKED GILTS OVER 5 YEARS INDEX FOFACS 3 NON-GILT BOND ALL STOCKS INDEX FOF ACS : FE. Figures to 30/11/18 Page 2 Pension Fund| Aviva Pension BlackRock Consensus FP|November 2018 Aviva fund performanceThe performance information shown below refers to the past.

5 Past performance is not a guide to futureperformance. Please be aware that the value of investments can fall as well as rise and are not guaranteed,which means you may get back less than you information has been calculated on a NAV to NAV basis with income reinvested and is net of all chargesapplicable to the primary series of the Aviva fund. The inet unit series reflects the most common customer charge wheninvesting into this fund. Figures quoted below are based on units which contain an Annual Management Charge (AMC)of and Additional Expenses of , which gives a total fund charge of These may or may not be thesame as your policy. Further information on the AMC and Additional Expenses can be found on page annual performance to last quarter end (as at 30/09/18)**Discrete performance shows percentage growth over rolling 12-month periods, aligned to the end of the last full further information about terms used in these sections can be found on page performance to last month end (as at 30/11/18)**Cumulative performance shows percentage growth over specified time periods, aligned to the end of the year3 years5 years10 yearsAviva further information about terms used in these sections can be found on page growth over five years (as at 30/11/18)** -5% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Nov 13 Apr 14 Oct 14 Apr 15 Oct 15 Apr 16 Oct 16 Apr 17 Oct 17 Apr 18 Nov 1829/11/2013 - 30/11/2018 Powered by data from FEAviva fundBenchmark**The benchmark is updated by BlackRock quarterly in-line with the ABI 40-85% shares sector, which is itself updated monthly.

6 As at the 30 September 2018 the benchmark was updated to FTSE All-Share, FTSE USA, FTSE Developed Europe ex UK, JPM GBIG lobal ex UK, LIBOR LIBID GBP 1 Week, FTSE Actuaries UK Conventional Gilts All Stocks, FTSE Japan, FTSE DevelopedAsia Pacific ex Japan, FTSE Actuaries UK Index-Linked Gilts Over 5 Years, iBoxx UK Sterling Non-Gilts All Maturities, MSCIE merging Markets, FTSE Canada and FTSE EPRA/NAREIT Developed. As the benchmark is updated quarterly the breakdown aboveprovides an indication of the current benchmark only. Past performance figures reflect the benchmark assigned at that : FE, on a NAV to NAV basis. Figures to 30/11/18 Page 3 Pension Fund| Aviva Pension BlackRock Consensus FP|November 2018 Further informationFund key factsSector classification Aviva funds and (whereapplicable) the underlying funds they invest in, areclassified into sectors, ensuring that funds operatingsimilar investment strategies are grouped together andcan be compared on a like for like basis.

7 The sectorsreferred to in this document are taken from; theAssociation of British Insurers (ABI), the InvestementAssociation (IA), or are based on specific fund universesdefined by FE - such as FE Unit Trusts & Open EndedInvestment Companies (FE UT & OEIC), FCA (FinancialConduct Authority) Offshore Recognised funds (FO) andOffshore Mutual funds (OM).Investment style describes the way a fund is managed(either Active or Passive) based on its investmentstrategy. Actively managed funds are run by a fundmanager who makes specific investments with the goalof achieving performance in line with a stated investmentobjective. Passive funds (or Tracker funds) are run inaccordance with a pre-determined strategy and usuallyaim to track the performance of an index or the Stock Exchange Daily Official List(SEDOL) code is a unique identifier generated by theLondon Stock the International Securities Identification Number(ISIN) is a 12-character alpha-numerical code used as aunique identifier is the Financial Times unique internal fund performanceAnnual Management Charge (AMC) the annual fee,expressed as a percentage, which is charged by theproduct provider.

8 This covers both the costs of runningthe fund and any product charges which may Expenses charged by the fund managersto cover expenses, such as fees to auditors, trustees andvaluers. The value is an indicative figure, which isreviewed regularly and can change. Additional expensesare added to the AMC to give the total fund full details of your policy charges please contact ourcustomer services helpline or refer to our website rank - The quartiles divide the data into fourequal intervals. Expressed in terms of rank (1, 2, 3 or 4),the quartile measure shows how well a fund hasperformed compared to all other funds in its peer groups are defined such that funds are ranked onlyversus other funds that are in the same category. Thetop 25% of funds (or quarter) are in the first quartile, thenext 25% of funds are in the second, and the next groupis in the third quartile. The bottom 25% of funds with thepoorest performance are in the fourth fund risk ratingAviva calculates its risk ratings using historicalperformance data, based upon the methods set byEuropean Union rules.

9 We also carry out further researchusing information from the underlying fund s investmentmanager(s). We review each fund s risk rating annuallyand it may change over time. The timing of yourinvestment decisions is very important and you shouldconsult a financial adviser. Past performance is not aguarantee of future risk ratings go from 1 to 7, with 1 being the lowestand 7 the highest. As a point of reference, a fund with arisk rating of 4 (medium volatility) would typicallyexperience the volatility you would expect from a fundinvested in a range of different types of investment (forexample shares, property and bonds) without any bias toa particular investment The historical performance of funds with this risk ratinghas typically experienced the lowest volatility of all thefunds Aviva has rated. This means that these funds havethe lowest potential for substantial changes in valuecompared with other Aviva The historical performance of funds with this riskrating has typically experienced low volatility comparedwith other funds Aviva has rated.

10 This means that thesefunds have a low potential for substantial changes invalue compared with other Aviva The historical performance of funds with this riskrating has typically experienced low to medium volatilitycompared with other funds Aviva has rated. This meansthat these funds have a low to medium potential forsubstantial changes in value compared with other The historical performance of funds with this riskrating has typically experienced medium volatilitycompared with other funds Aviva has rated. This meansthat these funds have a medium potential for substantialchanges in value compared with other Aviva The historical performance of funds with this riskrating has typically experienced medium to high volatilitycompared with other funds Aviva has rated. This meansthat these funds have a medium to high potential forsubstantial changes in value compared with other historical performance of funds with this risk ratinghas typically experienced high volatility compared withother funds Aviva has rated.