PRSA Asset Allocation

Hi:-

I'm trying to decide on asset allocation for an Eagle Star Standard PRSA with the Matrix Funds...
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I was thinking something like:-
40% Active Fixed Income (Bonds)
30% 5 Star 5 (Global Equities)
30% Secure (Cash)

And then increase & diversify equities / decrease bonds/cash when things settle down a little.

Or should I just follow the "Default Investment Strategy", go for 100% Dynamic Fund and forget about it for five years?

I'm just starting the PRSA at the age of 34, and don't want to completely steer away from equities, but I don't want to potentially blow a big chunk of my investment!

Thanks in advance for your thoughts...

SPC100 said:

Go with index tracking or passive funds rather than dynamic or actively managed funds.

Click to expand...

The original post is in respect of a Standard PRSA. There are no index tracking or passive funds available on these.