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Changing default pension fund into 100% equity fund - do it now or wait?
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Comparing performance for both funds is not an option, as my workplace pension has recently changed providers and the default fund is new, and has no performance history on the factsheet. I can only go by the ISIN Codes for a year's worth of results.cfw1994 said:Have you compared fund sheets for the two options - how they have performed over 1/3/5/10 years?
I suspect you are right to consider changing - is it an "all or nothing" task, or could you switch (for example) 20% for each of the next 6 months? That would be my personal preference, but no-one here has a crystal ball to know if that will work for you or not!
The Active Global Equities Fund I'm looking to switch into has the following 5 yr performance:
2015/16 + 30%, 2016/17 +12%, 2017/18 -3%, 2018/19 +22%, 2019/20 +17%.
So not too shabby.0
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