INVL Pension 1989-1995

Display period

From Till
(Available since: 2019-01-02)
Main information
Launch date 2019-01-02
Management fee 0,80 %
Choosen period data
From 1,1558 EUR   (2019-10-23)
Till 1,1937 EUR   (2020-10-23)
Change 3,28%
Latest data
Value date 2020-10-23
Value 1,1937 EUR
NAV 53.695.771,8612 EUR
Period change (%)
1 day 0,31
1 week -1,27
1 month 2,94
3 months 2,40
YTD -2,57
1 year 3,28
Since inception 19,37

We remind you that the state social insurance old-age pension for 2nd pillar pension accumulation participants is proportionately reduced as established by law. The old-age pension is not reduced with regard to the state’s added contribution. A 2nd pillar pension accumulation agreement cannot be terminated except in the case of a first-time agreement, which the participant has the right to terminate unilaterally within 30 calendar days of entering the agreement by informing the pension accumulation company about that in writing.

Accumulating in pension funds involves the assumption of investment risk. The pension accumulation company does not guarantee the profitability of pension funds. The value of a pension fund unit can both rise and fall. You may recover less than you invested. A pension fund’s past investment management results do not guarantee the same kind of results and return in the future. The results of a previous period are not a reliable indicator of future results.

Responsible and thorough consideration is called for when choosing a pension fund. You should examine the investment-related risks as well as the applicable deductions, and carefully read the pension fund rules which are an integral part of the pension accumulation agreement.

If the money accumulated in a pension fund exceeds a certain amount, it must be used to purchase a pension annuity – a contract to receive periodic pension payments as long as you live. A pension annuity is mandatory when the basic pension annuity size calculated for a pension fund participant is at least half the size of the state social insurance basic pension (currently 164,59 eur, half of which is 82,30 eur). Pension annuity payments will be made to you by the life insurance company with whom you conclude an annuity contract. Your accumulated amount will be transferred to the account of this company, which in turn will commit to make annuity payments of an agreed size for the rest of your life. Whether any amount that has not yet been distributed at your death can be inherited depends on the type of annuity you choose. You can learn more about pension annuities here.

All the information presented is of a promotional nature and cannot be construed as a recommendation, offer or invitation to accumulate savings in pension funds managed by INVL Asset Management UAB. The information provided here cannot be the basis for any subsequently concluded agreement. Although this information of a promotional nature is based on sources which are considered to be reliable, INVL Asset Management UAB is not responsible for inaccuracies or changes in the information, or for losses that may come about when investments are based on this information.