Profond achieves a provisional return of 2.6 per cent – and pays interest of 1.75 per cent on retirement assets
Thanks to its real value strategy, Profond once again posted a positive performance in 2020, enabling it to pay an interest rate for the year that again exceeded the statutory minimum. With a provisional total return of 2.6 per cent and a provisional funding ratio of 109 per cent, the Profond Pension Fund had a good financial year, given the circumstances. The interest rate on retirement assets is 1.75 per cent. The technical interest rate is now 2.0 per cent. At the end of 2020, assets under management totalled around CHF 9.82 billion. The number of insured persons remained stable at around 56 000. Although the performance was, of course, well below the year before, the figures confirm the Profond Pension Fund’s long-term investment strategy.
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