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2009 was the most successful year for the investment results of the 2nd pillar pension funds

03/02/2010 | Periodic overviews

The year 2009 was the most successful year for the investment results of the Lithuanian 2^nd pillar pension funds since their inception in 2004. Average annual value of the 2^nd pillar pension fund units (estimated according to the average annual net asset value) increased by 17.31 percent. The value of equity pension funds units experienced the most significant increase – 27.56 percent on average, the value of medium equity share pension funds units increased by 21.6 percent, the value of small equity share pension funds –by 13.36 and the value of conservative investment pension funds – by 8.01 percent. The annual return was positive of all 28 acting 2^nd pillar pension funds. Moreover, the majority (16 of 28) 2^nd pillar pension funds managed to perform better then their benchmark.

 

In 2008 m. the average value of 2^nd pillar pension funds units declined by 19.71 percent.

 

As of 31 December 2009, the total value of the 2nd pillar pension funds accounted for LTL 3.26 bn.

 

See the annual results of each fund here.