All four NPFs under the management of AMC Vsesvit entered the top 10 in terms of profitability for the year

All four non-state pension funds, the assets of which are managed by AMC Vsesvit, were included in the TOP-10 non-state pension funds in terms of profitability over the last 12 months (from April 2022 to April 2023), according to the data of the Ukrainian Investment Business Association. In particular, these are VSI NPF, Pokrova NPF, Garant Pension NPF and Social Support NPF, which earned for their members from 12.13% to 18.40% during this period (this is a net return, already net of expenses).

Yaroslav Savchenko, director of AMC “Vsesvit” comments: “Of course, we are pleased that during the last difficult 12 months, we helped the funds under our management, despite all the difficulties, to show such results in terms of profitability. However, the main task for us during a large-scale war was and still is to preserve people’s pension savings.

At the end of 2021, among the scenarios we analyzed while forming the investment strategy for the funds for 2022 was the invasion scenario. That’s why we’ve offered pension fund boards strategies that minimize risk rather than maximize returns. That is, such a set of tools that most protects the accumulation of people in cases of crisis development, and not the one that gives the highest profitability in favorable scenarios.

Of course, we hoped that the worst scenario would not come true. However, it happened. We coped with the task of protecting pension savings. We also support the country on the way to Victory by investing pension savings in government bonds, including military ones.

At the same time, the strategies proposed by us have “growth reserves” – that is, investments in such instruments, which after the Victory will bring a much higher yield from the growth of their value, than instruments with a fixed yield.

And, of course, we continue to look for opportunities for the widest possible diversification of the portfolio of pension funds, even in the current realities, when the list of investment opportunities is extremely limited. After all, “spreading across different baskets” is the most effective way to protect funds over long periods of time.”

For reference: Data on fund profitability are taken from the monthly reviews of non-state pension fund activities of the Ukrainian Association of Investment Business. The ranking does not include funds that, for one reason or another, did not provide the data necessary to calculate the change in the net value of a unit of pension assets for a year (the last 12 months).