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For Danske customers

Welcome! We look forward to seeing you. At LHV your pension assets are well maintained

I believe that as you are saving for pension, it is important to you that your savings are well maintained and growing. The goal of our investment team is to allocate your pension savings in such a manner that the highest long-term yield possible is achieved.

View the current state of your pension

Funds

LHV Pension Fund Intress – a conservative choice

Suitable if

  • less than three years left until retirement
  • you have low risk tolerance

Strategy
LHV Pension Fund Interest is a conservative fund investing in interest and credit instruments. According to the fund’s investment strategy, the fund’s assets are mainly allocated into the very high-quality debt securities of governmental and non-governmental issuers and deposits at credit institutions. The fund does not invest into shares or other equity instruments. In the selection of the fund’s investments, low risk and small fluctuations of value are preferred over a potential high yield. The fund’s risk level is low, because the fund invests 100% of its assets mainly into the debt securities of financially sound countries and enterprises, funds investing into them and deposits at credit institutions.

Expenses

Entry fee 0% / Exit fee 0,05% / Management fee 0,54285%

Information about the fund

Volume of the fund (as of 31.03.2017)4,258,788.46 €

Price of a unit

Management companyLHV Varahaldus

Equity in the fund60 000 units

Depositary where the fund’s assets are heldDanske Bank A/S Eesti filiaal

Where do we invest?

The data is presented as at 31.03.2017

Biggest investments
Lithuania 02/20236.80%
IBM Corporation 11/20204.53%
Lithuania 05/20224.24%
Korea (Republic of) 12/20214.22%
Investor 05/20234.20%
Apple 11/20223.66%
Latvenergo 12/20173.62%
Toyota Motor Credit Corp 08/20173.57%
Banco Santander 05/20273.28%
Czech Republic 06/20183.23%
Current asset allocation
Money and deposits30.5%
Government bonds25.4%
Corporate bonds44.1%
Regional distribution
Money and deposits30.5%
The Baltic states22.0%
Europe (excl. the Baltic states)23.9%
Asia7.1%
North America16.5%
LHV Pension Fund 25 – a balanced choice

Suitable if

  • less than three years left until retirement
  • your risk tolerance is below average

Strategy
LHV Pension Fund 25 is a balanced and dispersed fund investing into different asset classes. According to the fund’s investment strategy, normally 15–25% of the fund’s assets are allocated into the asset class of shares. The rest of the fund’s assets are predominantly invested into debt securities and deposits at credit institutions. In a limited scope, the fund also invests into alternative asset classes, as well as immovable property and assets classes related to commodities. Depending on the dynamics of the macroeconomic environment and the financial markets, risk situation, prospects and other factors, the ratios of different asset classes or sub-classes are shifted in the management of the fund.

Expenses

Entry fee 0% / Exit fee 0,1% / Management fee 0,96425%

Information about the fund

Volume of the fund (as of 31.03.2017)12,607,565.90 €

Price of a unit

Management companyLHV Varahaldus

Equity in the fund150 000 units

Depositary where the fund’s assets are heldDanske Bank A/S Eesti filiaal

Where do we invest?

The data is presented as at 31.03.2017

Biggest investments
EfTEN Kinnisvarafond5.17%
Lithuania 05/20224.70%
Bulgaria 09/20244.45%
Eesti Energia 10/20183.34%
Romania 10/20253.27%
Elering 07/20183.25%
Allianz 07/20453.20%
China Development Bank 01/20222.89%
KJK Fund II Sicav-SIF Balkan Discovery2.73%
Lithuania 11/20242.62%
Current asset allocation
Money and deposits34.9%
Government bonds18.4%
Corporate bonds28.7%
Real estate6.0%
Shares12.0%
Regional distribution
Money and deposits34.9%
The Baltic states32.4%
Europe (excl. the Baltic states)24.5%
Asia2.9%
North America5.3%
LHV Pension Fund 50 – a balanced choice

Suitable if

  • more than 5 years left until retirement
  • you have average risk tolerance

Strategy
LHV Pension Fund 50 is a balanced and dispersed fund investing into different asset classes. According to the fund’s investment strategy, up to 50% of the fund’s assets are allocated into the asset class of shares. The rest of the fund’s assets are predominantly invested into debt securities and deposits at credit institutions. In a limited scope, the fund also invests into alternative asset classes, as well as immovable property and assets classes related to commodities. As the fund makes significant investments (up to 50%) into equity instruments, the fund is subject to stock market risk and the issuer’s price risk. Assets allocated by the fund into bond instruments are characterised by the credit market risk, interest risk and the issuer’s credit risk.

Expenses

Entry fee 0% / Exit fee 0,1% / Management fee 1,23025%

Information about the fund

Volume of the fund (as of 31.03.2017)225,816,640.42 €

Price of a unit

Management companyLHV Varahaldus

Equity in the fund1 900 000 units

Depositary where the fund’s assets are heldDanske Bank A/S Eesti filiaal

Where do we invest?

The data is presented as at 31.03.2017

Biggest investments
EfTEN Kinnisvarafond5.85%
Lithuania 11/20244.44%
iShares STOXX Europe 600 DE3.43%
Allianz 07/20453.08%
Romania 10/20252.99%
China Development Bank 01/20222.87%
KJK Fund II Sicav-SIF Balkan Discovery2.79%
JP Morgan Chase 08/20212.38%
Wells Fargo & Company 07/20212.36%
iShares MSCI Japan EUR Hedged UCITS ETF2.26%
Current asset allocation
Money and deposits40.5%
Government bonds12.6%
Corporate bonds21.9%
Real estate6.3%
Shares18.7%
Regional distribution
Money and deposits40.5%
The Baltic states24.8%
Europe (excl. the Baltic states)26.2%
Asia2.9%
North America5.6%
LHV Pension Fund Intress Pluss – a conservative choice

Suitable if

  • at least 2 years left until retirement
  • you are risk averse

Strategy
LHV Pension Fund Interest Plus is a conservative fund investing into interest and credit instruments. According to the fund’s investment strategy, the fund’s assets are mainly allocated into the high-quality debt securities of governmental and non-governmental issuers and deposits at credit institutions. The fund does not invest into shares or other equity instruments. In the selection of the fund’s investments, low risk and maintenance of value is preferred over a potential high yield. To best implement the fund’s investment strategy, both dispersed investment instruments as well as direct investments into debt securities are used in the fund.

Expenses

Entry fee 0% / Exit fee 1% / Management fee 0.95%

Information about the fund

Volume of the fund (as of 31.03.2017)534,092.42 €

Price of a unit

Management companyLHV Varahaldus

Depositary where the fund’s assets are heldDanske Bank A/S Eesti filiaal

Where do we invest?

The data is presented as at 31.03.2017

Biggest investments
Lithuania 05/20224.90%
Bulgaria 09/20244.20%
IBM Corporation 11/20204.01%
Korea (Republic of) 12/20213.37%
Lithuania 02/20233.28%
Romania 10/20253.20%
Elering 07/20183.07%
China Development Bank 01/20222.97%
Apple 11/20222.92%
JP Morgan Chase 08/20212.43%
Current asset allocation
Money and deposits56.8%
Government bonds21.7%
Corporate bonds21.6%
Regional distribution
Money and deposits56.8%
The Baltic states16.7%
Europe (excl. the Baltic states)8.5%
Asia6.3%
North America11.8%
LHV Pension Fund 100 Pluss – a bold choice

Suitable if

  • at least 10 years left until retirement
  • you have high risk tolerance

Strategy
LHV Pension Fund 100 Plus is a 3rd pillar fund investing up to 100% into the asset class of shares. In order to ensure the liquidity of the fund’s assets or to protect their value, in certain market situations the fund may invest into debt securities and deposits at credit institutions. In a limited scope, the fund also invests into alternative asset classes, as well as immovable property and assets classes related to commodities.

Expenses

Entry fee 0% / Exit fee 1% / Management fee 1.55%

Information about the fund

Volume of the fund (as of 31.03.2017)4,701,432.96 €

Price of a unit

Management companyLHV Varahaldus

Depositary where the fund’s assets are heldDanske Bank A/S Eesti filiaal

Where do we invest?

The data is presented as at 31.03.2017

Biggest investments
EfTEN Kinnisvarafond6.83%
iShares STOXX Europe 600 DE5.63%
iShares MSCI Japan EUR Hedged UCITS ETF4.55%
Allianz 07/20454.29%
iShares STOXX Europe 600 Utilities3.31%
Romania 10/20253.09%
Latvenergo 12/20172.97%
Citadele banka 12/20262.89%
JP Morgan Chase 08/20212.43%
Wells Fargo & Company 07/20212.40%
Current asset allocation
Money and deposits43.2%
Government bonds4.8%
Corporate bonds17.2%
Real estate6.8%
Shares28.0%
Regional distribution
Money and deposits43.2%
The Baltic states18.3%
Europe (excl. the Baltic states)31.9%
North America6.6%

The third pillar is flexible and easy to start

1.

Open a securities account
You need to have a securities account at the Estonian Central Register of Securities to invest in the third pillar.

Ava väärtpaberikonto

2.

Add money to your account
Add money to your account to buy units of the third pillar.

3.

Make a standing payment order
You can see your third pillar units in your third pillar statement within two banking days.

Standing payment order

Market overview of pension funds

viisemann avatar

A positive month for both stock and bond markets

Andres Viisemann, Head of LHV Pension Funds

For the global stock markets, February was predominantly a positive month. Among European countries, the markets of Germany, Sweden and Finland all yielded good results. Among the stock markets of developing countries, good rates of return were again evident in Latin America and Romania, while the stock market index of Russia dropped by 6 per cent.

Ask for advice

Do not hesitate to ask, together we will find a suitable solution.

Reet Roos

Pension Consultant

Mon–Fri 8–17

680 2743
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