Luminor Future Index+ Pension Plan 16-50


25.05.2021

Luminor Latvijas atklātais pensiju fonds AS

Luminor Bank AS Latvijas filiāle

Active 100

LV38RIKO0002930325480

Description:

Luminor Latvijas atklātais pensiju fonds AS (further – Pension fund) has been founded on 11th of October, 2010 with registration ID 40103331798. Pension fund`s sole shareholder is Luminor Bank AS (Estonia), that is represented in Latvia by Luminor Bank AS Latvian branch. License for Pension fund operation has been given on 19th of October 2010, with the Nr. 06.04.05.424/487

Investment policy:

The goal of the pension plan is to ensure long-term growth of supplementary pension capital by investing up to 100% of the plan’s assets in equity index funds.
The plan invests in equity funds that, in turn, invest in companies with high environmental, social, and governance (ESG) ratings, selecting companies primarily based on their ESG scores with the goal of investing in the top 25% of issuers by capitalization within each Global Industry Classification Standard (GICS)® sector (a ‘best-in-class’ approach).

Management costs:

Pension fund`s administration costs:
0.45% per year from average assets.
Fund manager`s commission:
0.25% per year from average assets
Custodian bank`s commission:
0.07% per year from average assets

Manager:

Arturs Andronovs

Fund manager:

Luminor Asset Management IPAS

Description of the fund manager:

Luminor Asset Management IPAS is managing 2nd pillar and 3rd pillar pension funds. Luminor Asset Management IPAS sole shareholder is Luminor Bank AS (Estonia), that is represented in Latvia by Luminor Bank AS Latvian branch.

40003699053

17.12.2004

EUR 5 000 000

PricewaterhouseCoopers SIA

Contacts


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

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