Our returns
The impact of these developments in the first quarter of 2023 on the returns for the Employee Pension are shown below for each investment profile.
The returns shown are calculated to the end of March 2023. The returns shown are net of fund charges but exclude investment administration fees charged by the Employee Pension. The benchmarks for our investment profiles are composed proportionally.
Returns in the final years before the retirement date are determined by investments in bonds. Bonds react strongly to interest rate movements. Bonds lose value when interest rates rise, but at the same time more pension can be purchased because interest rates have risen. In this video you can see how this works.
As you can see, there is a difference in return versus the benchmark. This is caused by certain industries or sectors which yielded positive returns, but in which a.s.r. does not invest a lot or at all. Such as the arms industry or the oil sector. Our SRI policy focuses on the long term, and as such we invest in industries and sectors that make a positive contribution in our view.
“Past performance is no guarantee of future results. Nevertheless, we aim to offer more insight by also showing average annual returns measured over a longer period of time."
The returns shown are calculated to the end of March 2023. This table shows the average annual returns of the investment schedules corresponding to the investment profiles and ages indicated for the specified period.
The returns shown on this page have been compiled by a.s.r. with due care. No rights may be derived from this information.