Luminor B Pensionifond
Suitable if
- your saving period is more than 3 years,
- you want to grow your pension assets, but do not want to take the risk of significant decreases in the price of the accumulated assets.
Strategy
Invests a maximum of 30% of fund assets in equity and assets with similar risk. The rest is invested either in bonds, deposits or similar instruments. This creates a situation where the higher and lower risk markets balance each other and help achieve the goal with moderate risk. If necessary, depending on market situation, the fund may invest 100% of its assets in bonds or deposits to ensure retention of assets in turbulent times.
Biggest investments
The data is presented as at 31.03.2022
| Biggest investments | |
|---|---|
| Vanguard Euro Government Bond | 10.02% |
| iShares Euro Investment Grade | 9.95% |
| Amundi Index Euro Agg Corporate | 9.88% |
| Robeco Euro Credit Bond Fund | 7.37% |
| Neuberger Berman Emerging | 6.90% |
| Nordea 2 - Emerging Mkt Hard Ccy | 6.79% |
| Nordea 1 - US Corporate Bond Fund HBI | 5.30% |
| iShares Core MSCI World UCITS ETF | 4.88% |
| Nordea 1 - European High Yield | 4.04% |
| iShares S&P 500 UCITS ETF | 3.64% |
Biggest investments in Estonia
| Biggest investments in Estonia | |
|---|---|
| EfTEN Kinnisvarafond II AS | 2.84% |
| Estonian Eurobond 0,125 | 0.94% |
Asset Classes
Entry fee: 0%
Exit fee: 0%
Management fee: 0.93%
Success fee: 20% per annum on any increase in the fund's rate of return over the annual increase of Estonian social security pension contribution since the end date of previous calendar year.
Ongoing charges (inc management fee): 1.39%
Ongoing charges are based on expenses for the last calendar year, ie 2020. Ongoing charges may vary from year to year.
