2014-04-10
In the accounts of 2nd pillar pension fund participants - more than LTL 5.6 billion
The average value of the investment units of 2nd pillar pension funds operating in the country increased by 0.87 per cent and the total amount accumulated in the pension funds exceeded LTL 5.6 billion in the first quarter of this year. The value of the assets managed by 3rd pillar pension funds also increased over the first three months.
The first quarter of the year was the greatest success for the small equity share group of the pension funds. The value of their investment units grew by an average 1.45 per cent. The value of conservative investment funds grew by an average 0.99 per cent, of medium equity share funds — 0.73 per cent, while that of equity pension funds dropped by 0.07 per cent over the above-named period.
Out of the 28 2nd pillar pension funds operating in Lithuania, the value of their investment units was increased by 22 funds, while in 6 funds their value decreased.
The total value of 2nd pillar pension fund assets grew by more than LTL 170 million over the first quarter.
The first quarter was also more successful for the lower risk 3rd pillar pension funds: the average increase in the value of mixed investment pension fund units was 0.95 per cent, while of bond pension funds — 0.30 per cent. However, the average value of equity pension fund units declined by 1 per cent.
The overall value of the net assets managed by 3rd pillar pension funds grew by LTL 2.1 million — to LTL 132.3 million.
For the most recent performance of 2nd pillar pension funds see here.
The most recent performance of 3rd pillar pension funds is published here.