Retirement savings account RSA active funds the domain for contributors who are within the age bracket of active contributors and categorised into different age brackets in the ascending order made granular returns in Q1 performance in the First-Quarter 2022 Report of the National Pension Commission PenCom.
The PenCom report stated that the average rates return (annualised) on RSA funds I, II, III, and V were 10.88%, 10.29%, 10.13%, and 9.13% respectively.
These performances PenCom report stated, were higher than the average rates of returns of 9.21%, 10.05%, 9.95% and 8.00% recorded by the respective funds in Q4:2021.
PenCom explained the facts behind the performance for Q1 2022, “The higher performances of the RSA Active Funds for Q1:2022 were due to dividends received as well as appreciation in the prices of equities and bonds of the respective funds in Q1:2022 compared to Q4:2021.”
