Alexander Forbes Provident fund

[I’m a Woman]

Hi, Provident fund is with Alexander Forbes it’s only half a million because the company I worked for was with them I want to move the money to another company.
I want the money to obviously do well what other company’s do provident funds or retirement policy’s that are good.
Thank you Kate

 

[Greg C]

Hi Kate, You will forgive me but your post was not super clear?

I assume youre looking for a recommendation on a fund to invest in?

Alexander forbes as a base is an administrator. Are you actually invested with them in their fund, or is that the administrator of the fund. There are alot of factors to consider

How old are you
Whats your risk
Whats the contribution at this point in time
What was the returns of the existing portfolio that warrant a want to move

Moving funds (unless cheaper or significantly shifting the portfolio weighting or exposure) isnt always the answer

Can you give us a little more than, can you recommend a fund

If onface value, I would be inclined to focus on the main investment houses. Coronation, Allan gray, Prudential
From there look at exposure/ weightings as well as cost, and go from there

Your question needs to look at where you are as a person and the investment goals/decisions you are looking for, there isnt a one fits all answer here