The Early Bird fund performance indicators for May 2023 have been released. To get an early feel for what to expect of the month in terms of returns on your pension investment, the market lost 4.03% (Allshare Index ex div), ranging between 1.75% (Consumer Services) and -17.64% (Oil, Gas & Coal). The Rand weakened by 7.56% to the US$. Typical prudential managed pension portfolios returned between 1.19% (NAM Coronation Balanced Plus Fund) and -0.69% (Stanlib Balanced Fund) after fees.