AVIVA FUNDS

Holls_dad

I have my retirement fund with AVIVA, all of my fund prices update Monday to Friday around 6-7pm and consist mostly of shares

My question is when my fund prices update does it relate to the ftse/dow share prices the day before or before that or do they relate to live prices at that time ?

Rich1976

I have a multi asset fund with Aviva and it always seems to be a couple of days behind in updating the value. I think 5pm is when it is valued but doesn’t reflect this until the next day or the day after that.

It depends what fund you personally hold as to whether it is based on the Dow or the ftse . The fund fact sheet should show the time of the pricing point.

Hoenir

US markets don't close until 9pm GMT. Nikkei closes 6 am. Aviva won't update fund prices until the following working day, i.e 12 noon. 

Holls_dad

I have the following funds

AVIVA Pension Managed
AVIVA Blackrock 60:40 Equity Global index Tracker
AVIVA Blackrock 40:60 Equity Global index Tracker
AVIVA Pension Multi Asset Growth Fund

Holls_dad

I have Aviva funds available to me and just one to check if the below funds are different or exactly the same as one of the funds management fee is lower, so if the same or very similar I would move to the one with a lower fee, the past performance are the same or very similar

Av balanced multi asset fund FP-Current price 5.066

Av managed - Current price 3.948

Holls_dad

Hi

I have around £830k in my Aviva pension pot and 53.5 years old and in the AV managed fund at the moment 65-70% equities ,plan to retire soon and looking to move funds to the AV cash FP fund as would be more than happy to get 3-4% each year return all going well

Also don’t want a large drop just before retirement and the above fund has a low risk rating

Whats everyone’s thoughts on the above ?

Marcon

Are you planning to buy an annuity? If not, why would it matter if the funds drop just before retirement?

Holls_dad

Hi

No plans to buy an annuity, plan to drawdown as required

Marcon

So the funds largely remain invested at the point you retire - so no need to worry about a drop at that point unless taking 25% tax free cash then is a priority?

Albermarle

https://forums.moneysavingexpert.com/discussion/comment/81977776#Comment_81977776

So you might well be drawing down for 35/40 years. In which case moving 100% to cash now is going to seriously affect the amounts you can drawdown in the long term.

With such a significant pot, have you thought about taking professional advice ?

ali_bear

Aviva have a bunch of ready-made multi-asset funds, such as Aviva Investors Multi-asset Plus Fund IV Class 9 although that one in particular is mostly in equities and fairly high risk. Try Aviva Investors Multi-asset Plus Fund I Class 9