For the 7th consecutive year Individual Retirement Account with Legg Mason Equity has been announced the best solution for retirement savings in Poland. The ranking published annually by the daily Rzeczpospolita presents the most effective IRAs over the period since inception of the product in Poland. With nearly 140% rate of return for the last 10 years (September 2004 – September 2014), Legg Mason’s IRA confirmed its strong position in the Polish market.Legg Mason Equity, offered within Individual Retirement Accounts and managed locally by the Investment Team at Legg Mason Poland, significantly outscored its competitors. The second best investment fund on the list achieved a result which was 27 percentage points worse. Similarly, the best solutions available for IRA in other categories, e.g. unit-linked funds, Treasury bonds, bank deposits, earned notably lower rates of return over the same period i.e. 107%, 84.1%, 63.9% respectively.
Legg Mason in Poland proved to be a reliable partner in retirement savings plans, having won in the ranking for the 7th time in a row. The victory is even more valuable given the fact that this year Legg Mason Poland is celebrating 15-year anniversary of launching the first Employee Pensions Scheme in Poland. Our company has the longest experience in offering and operating retirement savings plans in the Polish market.
*Source: M. Pawlak, ‘Akcje najatrakcyjniejsze’, Moje Pieniądze supplement to daily Rzeczpospolita of December 4, 2014