Anyone using OUTvest Retirement Annuity? Thoughts?

[YellowMountain]

I'm currently using Allan Gray as my RA provider, however I would like to stop using an RA all together and invest in my TFSA and index funds rather. I'd still like to keep my RA up until this point but I would like to leave Allan Gray for a provider with better fees.

I came across OUTvest and their OUTaggressive Index Fund, their fees (0.20%) look really attractive, anyone have any experience with them so far?

I see the fund also has exposure in the Vanguard S&P 500 which is hopeful.


Performance:



Fees:

OUTvest | Our Funds

Online planning and personal investing is here. OUTvest helps you to set and reach your goals.

www.outvest.co.za

 

[Gtx Gaming]

Yeah moved from momentum RA to this for the lower fees. Performance is decent so far and the fees is low.

 

[YellowMountain]

Yeah moved from momentum RA to this for the lower fees. Performance is decent so far and the fees is low.

Nice. Are you perhaps invested in the OUTaggressive fund?

 

[Gtx Gaming]

Nice. What fund are you invested in if you dont mind me asking?

FUND NAME:CoreShares OUTmoderate Index Fund

Into this one, it also tells you if you will reach your retirement goal so that you can keep track of it.

 

[backstreetboy]

No thanks. Sygnia beats them on performance...

CoreShares OUTaggressive Index Fund - 3 Years - 8.0%
vs.
Sygnia Skeleton Balanced 70 Fund - 3 Years - 8.7%

 

[YellowMountain]

No thanks. Sygnia beats them on performance...

CoreShares OUTaggressive Index Fund - 3 Years - 8.0%
vs.
Sygnia Skeleton Balanced 70 Fund - 3 Years - 8.7%

I see Sygnia fees are 0.53% for that fund, which is much better than Allan Gray and 10X. Will take a look at them.

 

[YellowMountain]

No thanks. Sygnia beats them on performance...

CoreShares OUTaggressive Index Fund - 3 Years - 8.0%
vs.
Sygnia Skeleton Balanced 70 Fund - 3 Years - 8.7%

Although performance is dynamic and can vary, fees isn't. So its not a silver bullet, something to think about...

 

[zerocool2009]

Although performance is dynamic and can vary, fees isn't. So its not a silver bullet, something to think about...

I totally agree! If the fund does bad... fees charged! Good.... fees charged!

What I done in the last 5 years, structure the RA to be costless! (As in interest bearing accounts that off sets the costs)

My 2c ... it works like a charm

 

[backstreetboy]

Although performance is dynamic and can vary, fees isn't. So its not a silver bullet, something to think about...

They can up their fees as well. Even looking at 10 years Sygnia is still on top.