balanced managed pension funds.

Balanced managed funds hold a middle mix — up to about 65% in shares, with the rest in bonds, cash and other assets — chosen by the fund manager. They're a common choice for people who want growth but with fewer swings than an all-shares fund.

funds

39

providers

9

typical risk

3–4/7

middle 5-yr return

+5.8% a year

Of the 30 balanced managed pension funds with a five-year record, the highest average yearly return was +8.0% (Standard Life MyFolio Market IV, Standard Life) and the lowest +2.0% (New Ireland Sentinel II Fund, New Ireland). 9 funds are under five years old and listed after, by 3-year return.