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Pension Performance with a default Aviva fund

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  • MetaPhysical
    MetaPhysical Posts: 449 Forumite
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    @Albermarle how do you make my fund 19.3% please???
  • DRS1
    DRS1 Posts: 1,237 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I make it 18.2%
  • QrizB
    QrizB Posts: 18,281 Forumite
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    31/12/23 - 31/12/24.      7.4%
    31/12/22 - 31/12/23.      9.9%
    31/12/21 - 31/12/22.     -14.6%
    31/12/20 - 31/12/21.      9.8%
    31/12/19 - 31/12/20.      6.8%

    1.068 x 1.098 x 0.854 x 1.099 x 1.074 = 1.182 so your 5-year return is 18.2%.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
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  • AlanP_2
    AlanP_2 Posts: 3,520 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The one that's hurting you there is the 14.6% in 2022 as this wipes out the gains of the previous 2 years.

    What is your overall asset mix Equities / Bonds? If you are at 60/40 so on a par with HSBC Global Strategy Balanced and VLS 60 then you are a bit behind but not ridiculously so.

    How are you calculating your return?
     
  • Albermarle
    Albermarle Posts: 27,909 Forumite
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    DRS1 said:
    I make it 18.2%
    Yes you are right .
  • VNX
    VNX Posts: 458 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 20 February at 7:01PM
    Interest thread, I too am in an Aviva work place pension, I’m in the default scheme, but have recently become much more interested in investing and pensions and been doing quite a lot of research especially as I now have more disposable income to put into pension or S&S ISA.

    I took a look at my Aviva pension thinking I’d move out of the default scheme after much I had read that this is a good thing to look at doing as often default funds aren’t the best option for most.

    MyM My Future Growth S0 which is 73.3% in global equities 1.7% international bonds 2.7% U.K. corporate bonds 2.4% managed funds 1.4% U.K. equities 2.7% all others 

    last five years 
    2020 10.8%
    2021 17.7%
    2022 -8.4%
    2023 14.3%
    2024 15.4

    i appreciate past returns arent an indication of future returns but the above seems ok to me, not unbelievable but pretty steady growth, how do those of you worth much much more knowledge and experience of these matters think my default fund stacks up over the past five years, should I be actively looking to move funds or is this performance and asset mix seem ok moving forward?

    thank you
  • 4500_Donavan
    4500_Donavan Posts: 18 Forumite
    Ninth Anniversary 10 Posts Name Dropper Combo Breaker
    Maybe it's me, but I think those returns aren't bad. Everyone got battered by the knock on effect of the Ukraine invasion in 2022.
  • MetaPhysical
    MetaPhysical Posts: 449 Forumite
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    I agree.  I have reevaluated and I am staying with Aviva.  The performance isn't starship level but it's "steady as she goes".

  • Albermarle
    Albermarle Posts: 27,909 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I agree.  I have reevaluated and I am staying with Aviva.  The performance isn't starship level but it's "steady as she goes".

    The problem with 'starship level' performance is that when the sky falls in, the stars come tumbling down !
  • MetaPhysical
    MetaPhysical Posts: 449 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    I have turned life-styling off. 

    This is what I am thinking of doing so thoughts critiques most welcome.

    I was split 94% on the Av MyM fund and 6% on a very poorly performing bonds fund that I was being life-styled into where the performance is pants at 1% last year. The performance is like a pancake and isn't even keeping pace with inflation.  I cannot afford to let this continue.  My main Av MyM at 96% allocation is already split 60:40 equities/bonds so I am diversified there already.  I don't need another "pure" bond fund, especially where the performance is pants and if I did nothing I would be facing more and more exposure.

    I think I need to take a tad more risk.  So I am going to reapportion to the following: 80% Av MyM and 20% Vanguard LS 80% equities and review later in the year.  I am 57 and so can afford to do that.  It is not mega risk either.
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