Profond yields 13.4%
Profond Vorsorgeeinrichtung reports a provisional total return of 13.4% for the past financial year.
The long-term investment strategy, which is characterized by a high proportion of equities and real estate, has also paid off for the insured in 2019, according to the Profond pension fund. The provisional funding ratio is 111.2% and retirement assets are
would bear interest at 3.5%.
Assets under management exceeded CHF 9 billion for the first time in 2019, and the number of insured persons rose from 52,000 to 57,000, the statement added. The technical interest rate is now 2.25%. (ah)
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