Luminor 58+


03.02.2005

Luminor Bank AS

Balanced

Medium

0.49%

 

Investment policy:

The objective of the investment plan is to ensure the growth in value of the investment in the long run by following a balanced investment strategy, in order to contribute to faster increase of the pension capital, which allows receiving higher old-age pension than from participating only in the pension system’s first pillar. Allocation of the assets of the investment plan to debt securities (bonds and bills) protects its value against sharp short-term fluctuations, contributing to stable increase in its value. The objectives of the investment plan are to be achieved by investing part of the assets (up to 25%) in equity markets, since according to the investment theory over a defined period of time investments in equity markets secure higher returns than those in debt securities.

Management costs:

Fixed management fee: 0.50% per annum
Performance fee: from 0% till 0.60% per annum

Manager:

Arturs Andronovs

Fund manager:

Luminor Asset Management IPAS

Description of the fund manager:

Luminor Asset Management IPAS is managing various 2nd pillar and 3rd pillar pension funds. Luminor Asset Management IPAS sole shareholder is Luminor Bank AS.

40003699053

17.12.2004

EUR 5 000 000

PricewaterhouseCoopers SIA


Reports:

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Annual report
Statement Report Statement Report Statement Report Statement Report
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005


Contacts


Skanstes iela 12, Rīga, LV-1013
+371 6717 1880
www.luminor.lv

Atis Krūmiņš

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