I think MoneyMate provide such data but maybe only to industry insiders (brokers etc.). There may be other (Mercer? others?) independent pension surveys from time to time. Each pension provider probably has such data but may choose the funds and specific timings to put the best gloss on their own offerings. However there is no point in getting too hung up on past performance since it is no guide to future returns. Better to concentrate on minimising charges while balancing them against fund selection and customer service. And choosing a fund or funds with a suitable asset mix and risk/reward profile matching your specific needs. With more than a few years to go to retirement this should often mean a high equity content and risk/reward profile.I looking into getting a standard PRSA and would like to get update to date information on PRSA providers returns over the last 5, 10 years etc?
I'm still curious as to why you think past performance is of any relevance?
I'm still curious as to why you think past performance is of any relevance?
Perhaps but...Doesn't it at least give an indication that the fund is being managed by somewhat successful and competent fund managers? I accept there are a number of variables involved.
... even when comparing past performance of different funds then it only makes sense to compare those that are very similar in terms of asset/index allocation, management strategy etc. In many cases this will not be possible so all you will be doing is comparing past performance of apples and bananas which seems pointless.Is it not a bit like putting a bet on a horse? I might know how every horse has done in their last few races but have no inside knowledge of the horses current form. So, I make my decision based off past performance and odds.
I'm curious why you would not believe it worthwhile me elimating the bottom 30% funds based off performance? I still have 70% of funds to make a decision on which one is best for me. Long term I can still win or lose. If I bought into the worst performing fund historically I'd feel fairly annoyed with myself in 20 years time if it was still the worst performing.
ps I know as much about horse racing as I do about pensions.
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