2012-06-14
Permission issued to invest pension assets of the pension fund “DNB Pensija 1” and investment conditions established
The Board of the Bank of Lithuania allowed UAB “DNB investicijų valdymas” to invest up to 60% of the value of net assets comprising pension assets of the pension fund for the accumulation of a part of the state social insurance contribution “DNB Pensija 1” into transferable securities or money market instruments issued or guaranteed by one issuer – the Government of the Republic of Lithuania.
Such permission was issued until 18 April 2015 on condition that such investments would be made into no less than 6 issues of transferable securities or money market instruments and no more than 30 per cent of net assets would be invested into one issue of transferable securities or money market instruments.
UAB “DNB investicijų valdymas” manages 3 second pillar pension funds 2 third pillar pension funds and 2 investment funds.