Hi all,

Hope you are doing well.

As many here probably, I am using VIAC app for my 3rd pillar and I am 97% invested in equities. There is something going on with the ROI of my account which I cannot wrap my head around it and I would appreciate if someone sheds some light on it.

Being almost fully invested in equities, during March bottom my account was -18.51% down. As of today my account is +10.38% up. Now, using as benchmark SPY (please see screenshot attached), which has increased by 66% since March bottom, it looks like whatever funds VIAC is investing in is not even returning half of what SPY did since Mar20. Unless if they have too high managements fees or some other hidden costs which I cannot see. Am I missing something here or being paranoid for believing somethings seems off with VIAC?