We all know that investing in a pension is the best way to save for retirement – but not every pension fund will give you the same quality of life once you hang up your boots.
In fact, many pension funds record negative growth over a five-year period, while others record positive growth of well over 100%. This is why reviewing your current pension’s performance is essential to ensuring you set yourself up for retirement in the best possible way.
Below, we will highlight how some of New Ireland’s pension funds have performed over the past five years, with a massive difference in growth over the period between the best and worst performers.
New Ireland pension funds are available through a number of pension products, such as PRSAs, personal pensions, occupational pensions and ARFs.
The best way to compare the performance of other funds or find out how your current fund is faring is to use our fund comparison tool here, which details key data on every fund.
Fees and charges are not included in the performance data listed on this page, and we recommend consulting a financial advisor to discuss the most suitable fund for you.
A number of New Ireland pension funds have performed extremely well over the past 5 years, with the top performer being its Technology Indexed Fund, which invests in US information technology companies in the S&P 500 Index.
The best performing funds are high equity funds comprising portfolios with shares in companies in North America, Europe and globally. These funds are on the higher end of the risk rating scale at 6.
Funds made up of bonds and property occupy the other end of the performance scale – especially those which recorded negative growth over the past five years.
The worst performing New Ireland fund over the period is the Indexed Eurozone Long Bond, which invests in long-term eurozone government bonds.
Comparing New Ireland’s iFunds Pensions
New Ireland’s iFunds family is straightforward because the risk rating of each fund corresponds to its name, making each fund’s volatility clear to investors.
There are four iFunds pension funds to choose from, with most people opting to de-risk as they approach retirement.
You can view each iFund’s dedicated profile in the links below.
