Retirement should be a time to relax and enjoy the fruits of your long working life. However, as many people find out, not all pension funds are the same, and contributing to an underperforming fund could cost you tens (or even hundreds) of thousands of euro in retirement.

Comparing funds and reviewing your situation every 5 years is a great place to start, but the process can be overwhelming, especially when dealing with large providers such as Aviva. So, to make things easier, we have analysed some of the best and worst performing Aviva funds over the past five years.

If you wish to compare more funds, or to see how your own fund has performed lately, our free pension fund comparison tool has up-to-date data on every Aviva pension fund here.

We don’t include fees or charges on this page, and speaking to a financial advisor is the best course of action to find out about fees, charges and the most suitable fund for you.

A number of Aviva funds have recorded impressive levels of growth over the past five years, with some even recording around 100%. 

This is in stark contrast to the negative growth recorded by other funds from the same provider.

The best performing funds over the period have risk ratings of 5 or 6, indicating moderately high to high risk, and most of the portfolios are made up of a sizable chunk of equities.

In line with trends across other providers, the worst performing Aviva pension funds over the past five years have been those made up of government bonds and property portfolios.

The worst performing Aviva fund over the past five years (Long Bond Fund) invests primarily in Eurozone bonds.

Similar trends have been noted across other major pension providers in relation to the worst performing funds over the same period.

Comparing Aviva’s Multi-Asset ESG Funds

Aviva’s Multi-Asset ESG range includes some of the provider’s most popular pension funds, which combine traditional assets with those with ESG (environmental, social and governance) principles.

The Multi-Asset ESG Active range is simple to follow, as the risk rating corresponds to that included in the name of the fund. This allows people to easily de-risk as they get closer to retirement.

Pension Fund  Risk Rating (1-7) Fund Explorer Page
Aviva Multi-Asset ESG Active 3 Series 1 3 (Moderately Low Risk) View Fund
Aviva Multi-Asset ESG Active 4 Series 1 4 (Moderate Risk) View Fund 
Aviva Multi-Asset ESG Active 5 Series 1 5 (Moderately High Risk) View Fund 

FAQs

Comparing Aviva pension funds is simple with the National Pension Helpline’s comparison tool, which allows you to view up-to-date performance data, as well as asset breakdowns and volatility. 

Aviva has dozens of pension funds, which is why choosing the right fund must be a careful consideration based on factors including long-term performance. 

There is no catch-all ‘best fund’, however comparing funds based on long-term performance, management fees and charges, and volatility will allow you to make an informed decision after speaking to a financial advisor.

We recommend that you review your pension fund’s performance at least every 5 years so that you can decide to switch funds should you wish to do so.

No, past performance does not guarantee future performance, and there are a number of things to consider before making a decision.

Generally speaking, all pensions located in Ireland that are not contained within your current occupational pension scheme are eligible to be transferred to Aviva, or another provider of your choosing. Speaking to a financial advisor about the most suitable option for you is always the best option.