Tangerine APT, CrusaderSterling, TrustFund Pension Top RSA Fund 2 Performance
By Ngozi Onyeakusi—Tangerine APT Pensions Limited and CrusaderSterling Pension Limited have top the list of highest performing firms in Retirement Savings Account (RSA) Fund 11 return on Investment (ROI) for four years, ( from 2019 to 2022) for all Pension Fund Administrators (PFAs) in Nigeria pulling 77.2 per cent and
65.2 per cent respectively.
Others that top the list include TrustFund Pension Plc. 60.2 per cent
NLPC Pension Fund Administrators Limited 60.0 per cent
Leadway Pensure PFA Limited 59.9 per cent
Fund 2 is a default Fund under MultFund structure for RSA holders who are below 50 years old.
MultiFund Structure gives these RSA holders the right to request to be moved to Fund 1 if choose to.
The maximum equity exposure for Fund 2 is 25 per cent.
If you are below 50 years old, you should pay particular attention to the performance of Fund 2 and you also monitor the performance of Fund 1 to assist you in deciding whether to move to Fund 1 or not. Any RSA holders below 50 years old who has not requested to move specifically to Fund 1 will be in Fund 2.
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