Work pension funds rebalancing. Does it make sense?

IamWood

Dear all,

My work pension is currently with L&G at the default option, L&G Multi Asset Fund 3. The growth so far is very moderate. I'd like to make a lumpsum contribution soon before/after rebalancing my funds.  A few questions please:

1) Should I rebalance my funds before or after lumpsum payment?

2) Potentially I have selected the following L&G pension funds:

    50%:  L&G Multi-Asset Fund 3 (https://fundcentres.lgim.com/uk/workplace-employee/fund-centre/Multi-Asset-Fund?isin_code=GB00B5W2CB33)

    35%: L&G PMC Asia Pacific (ex-Japan) Equity Index Fund 3 (https://fundcentres.lgim.com/uk/workplace-employee/fund-centre/Asia-Pacific-ex-Japan-Equity-Index-Fund?isin_code=GB00B4P7G503)

    15%:  L&G PMC North America Equity Index Fund 3 (https://fundcentres.lgim.com/uk/workplace-employee/fund-centre/North-America-Equity-Index-Fund?isin_code=GB00B3VGBC62)

Any advice / suggestions / opinions are welcomed!

Thank you!

AlanP_2

Personally I would use a LG MI 4-5-6 fund and leave it at that.

Why do you believe that Asia Pac and North America will do better than any other geographic area and, more to the point, why do you think you know better than the professionals at L&G who manage the relative sector weights in the L&G MI funds as there view of the global economic situation?

IamWood

Thank you @AlanP_2.
1) I tried but through L&G online platform I was not able to choose L&G Multi Asset 4/5. Did I miss anything? I'll contact L&G for it though.
2) It's a gut feeling. Most likely due tot the recent handling of pandemic I guess?

IamWood

What about combine the following two by adding a bit more weight on equity?
80%: L&G Multi Asset Fund 3
20%: L&G PMC BMO Responsible Global Equity Fund 3