Stanbic IBTC Pension has delivered solid double-digit gains across virtually every fund of its Retirement Savings Account offerings, with some portfolios approaching the 20 percent mark, according to the latest available performance data from Stanbic IBTC Pension Managers Limited.
The data shows that RSA Fund V led the pack with a return of 19.48 percent, meaning that an investment of ₦1 million would have generated close to ₦194,800 in gains over the period. Fund I followed closely with 18.20 percent, translating to approximately ₦182,000 in earnings on the same investment amount.
Brandspur Banking News Desk reports that Fund VI for retirees also delivered a strong 16.66 percent, effectively adding around ₦166,600 to every ₦1 million invested, reinforcing the portfolio’s ability to combine income stability with notable growth. Across the mid-tier portfolios, Fund II returned 14.53 percent, equivalent to about ₦145,300 in gains per ₦1 million.
Fund IV posted 13.81 percent, adding roughly ₦138,100, while Fund III delivered 12.82 percent, representing a solid ₦128,200 increase on a similar investment base. Even at the lower end, the numbers reflect consistent double-digit expansion, showing that contributors are earning well above inflationary pressures across different risk categories.
Beyond the raw percentages, the data also highlights how efficiently these returns are being generated, as measured by risk-adjusted performance indicators. Fund V posted a Sharpe ratio of 7.54 and Fund I at 5.65, indicating that higher returns are being achieved with relatively controlled exposure to volatility, while Fund II and Fund VI also maintained positive ratios of 2.46 and 4.17 respectively.
However, the figures also reveal that not all returns are created equally, as Fund III and Fund IV recorded negative Sharpe ratios of -1.87 and -8.42 respectively. This suggests that although both funds still produced over 12 percent in returns, the level of risk taken to generate those earnings was comparatively higher, leaving room for improved efficiency in more conservative portfolios.
Overall, the numbers present a clear picture of a pension manager delivering not just strong percentages but real monetary growth, where contributors investing ₦1 million across different funds could see gains ranging from approximately ₦128,000 to nearly ₦195,000. The performance reinforces Stanbic IBTC Pension’s position as one of the stronger performers in Nigeria’s pension industry
