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HEX Tallinn reports improved turnover, profit

2003

351,164 people have joined the funded pension system
Estonian pension reform one of the most successful in Europe
Over 300,000 people in the funded pension system
Hansabank becomes the largest life insurer in Baltics
Pensions in Europe
LHV’S Robert Kitt to take over as chief of pension funds at Hansapank

Estonian CSD launched pension index

01.07.02

On July 1, 2002 Estonian CSD (ECSD) launched indices showing the weighted average yield of funded pension funds.

The indices reflect change in net asset value of pension funds’ fund units. Indices for funded pension funds are as follows:

  • EPI – general index;
  • EPI-100 – conservative (conservative strategy funds, asset allocation – 100% bonds);
  • EPI-75 – balanced (balanced strategy funds, asset allocation – at least 75% bonds and up to 25% shares);
  • EPI-50 – aggressive (aggressive investment strategy funds, asset allocation – at least 50% bonds and up to 50% shares).

The indices help to monitor long-term investment trends of the funded pension system. Persons who have joined the funded pension system may compare yield of the fund they chose with the market weighted average yield as well as with the respective figures of other funds of the same strategy.

Values of the indices are calculated every last workday at 17:00 on a weekly basis.
The base value of the indices is 100.

Index values and methodology can be obtained at www.pensionikeskus.ee.