Investment One Pension Managers have recorded the highest Month on month growth on Returns of Investment of RSA Fund II between March and April 2020.
This is according an assessment done by Pension Nigeria, a body that monitors the performance of all pension funds in all Pension Funds Administrators in Nigeria.
According to their assessment, Investment One ranked first out of 22 Pension Fund Administrators, having recorded a 6.16% month on month growth on its Fund II, the highest among other PFAs.
The company also performed well in its Fund I, III and IV.
Fund II is the default fund under the Multi-fund structure for RSA holders who are below 50 years old, and have not made any specific request to be moved to another fund. Fund I is a special but optional fund for RSA holders who are below 50 years old. It has the highest exposure to stocks among funds in the Multifund structure, so placement here is by request.
If you are below 50 years old and you have not specifically requested that your PFA should move you to fund 1, then you will be in Fund II. You should pay particular attention to the performance of Fund I to help you in deciding whether to move to Fund I or not
Fund III is the default fund for RSA holders who are 50 years old and above, but have not retired, while Fund IV is the retiree funds for all RSA holders and has the lowest exposure to equity.
Investment One is a leading player in the Nigerian financial services industry. The company specialises in offering financial services in Asset management, stockbroking, Capital Management, Venture Capital Services, trust and pension fund management services.
It has among its clientele, individuals, corporate institutions, state governments and government agencies and parastatals.
It is an offshoot of the Guaranty Trust Bank Plc, and was first known as GTB Asset Management Limited when it commenced operations in 2008.
After GT Bank divested from the company, it was acquired by new investors and was renamed Investment One.
Investment One is one of the fastest growing Financial Services firms in Nigeria, and operates under the regulation of the Securities and Exchange Commission (SEC).