Pension performing below market

[DocArbathnot]

Hi,

My fund is in a managed AXA elevate wrap, risk averse.

Markets are up 9% my funds are up 6% since January. Should I be worried?

I know in the great scheme of things 6% in 4 months is pretty good but these are unusual times.

[Roo]

Doesn't help, or answer your question, but I just swapped my fund from AXA to transact due to the investment restrictions with AXA.

Transact has a much more diverse portfolio and better predicted growth rates.

[spoofking]

Risk averse and a 6% return is not bad!!

You can't compare risk averse and the market - the market is risky!!

[DocArbathnot]

spoofking said:

Risk averse and a 6% return is not bad!!

You can't compare risk averse and the market - the market is risky!!

Thanks, I'm pleased you have confirmed my thoughts.

[Mankers]

How is your pension invested? Equity markets may be up but that is not the whole story, what percentage invested in funds, fixed income, cash, commodities etc....Impossible to know relative performance until you can provide a breakdown.

ETA: As risk averse equity & commodity participation will most likely be low, Asset allocation would be good to know though.

Edited by Mankers on Wednesday 1st May 20:16