It all depends on your willingness to take on risk. If you are very cautious the balanced fund may be to risky for you. If you are happy with a fairly high level of risk you could look at the higher risk funds and you would probably get a higher fund gain. If you have a fairly good pension and over 10 years to retirement, then you would probably be better of taking a bit more risk with your AVCs.
thanks for the reply. ya I have well over 10 years to retirement so would have no problem with additional risk. I was curious as to the possibility of managing the fund myself and try to emulate some type of etf & would this reduce the 1%AMC? thanks
Check the allocation rate of your AVCs. This can be as low as 95%. You can get an allocation rate of 100% on an AVC PRSA through an execution only broker.
Check the allocation rate of your AVCs. This can be as low as 95%. You can get an allocation rate of 100% on an AVC PRSA through an execution only broker.