Eagle Star pension-discrepancy in fund price on statement with website

Hello,

I got my six month statement from eagle star. my pension has increased by about four percent - the difference between what I put in and what its worth now. I only started six months ago.

However according to the companys website, the two funds where I have my money have increased by 16 percent in the same time frame.

I am aware of 5 per cent and one per cent charge on my pension but can anyone explain why my pension only increased by 4 per cent. I thougt it would be more like ten percent
thanks

Re: eagle star pension

Bear in mind that not all of your money has been invested for the full 6 months. The first month's contribution would have increased 16%, the last month's maybe only 1-2%.

Re: eagle star pension

Berni has illustrated how the discrepancy might have arisen. Four months is a meaningless period of time over which to judge the performance of a pension fund.