18 Jul The universal pension fund “DallBogg: Life and Health” achieved a return above the maximum set by the FSC
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by DB
The Financial Supervision Commission published the data on the profitability of the supplementary pension funds for the period 30.06.2022 – 28.06.2024. Pension insurance companies are obliged to achieve a certain minimum yield in the management of supplementary compulsory pension insurance funds. Each quarter, the FSC determines a minimum return in percentage terms separately for universal and occupational pension funds based on the previous 24-month period of the achieved return from the management of the assets of all funds of the respective type. The compulsory funds managed by DallBogg: Life and Health have again reported outstanding performance over the last two years.
After the DallBogg: Life and Health Professional Pension Fund achieved a remarkable success in the previous quarter for a 24-month look back period, the data shows that DallBogg’s PPF also achieved a return of 8.30%, which exceeds the maximum return calculated by the FSC for this period of 7.85%. This has allowed the Fund to set aside a reserve to ensure that the minimum yield is achieved for future periods.
Excellent results for the period were also shown by DallBogg’s PPF, which ranked third among professional pension funds with a yield of 5.73%.
This remarkable result reflects the Company’s commitment to continuously improve investment strategies and deliver significant benefits to its assured persons. Strict adherence to high governance standards and a constant focus on client needs has established DallBogg as a stable and responsible partner in the pension-sector.
Anyone wishing to receive professional service and have their funds managed by a motivated team with extensive experience in the financial sector can contact the experts here.
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These results are not related to future performance and do not guarantee positive return. It is not guaranteed that the funds in the individual accounts at OPF „DallBogg: Life and Health“ will keep their full amount.
A description of the significance of the achieved rate of return and investment risk indicators
Nominal return – this is the return achieved on the management of a fund’s assets. It is calculated by dividing the difference between the value per unit of the fund valid for the last business day of the relevant year and the value per unit of the fund valid for the last business day of the previous year by the value per unit valid for the last business day of the previous year.
Standard Deviation – is a statistical measure of the dispersion of the values of a random quantity about its average or expected value. Standard deviation is accepted as one of the main indicators for measuring the risk of an investment portfolio.
Sharpe Ratio – an indicator that compares the returns achieved from managing an investment portfolio and the risk taken to achieve those returns.
The methodology for calculating the achieved nominal return and the level of investment risk is in accordance with Annex 15 of the „Regulation № 61/ 27.09.2018 of the FSC.
The investment policies of the funds managed by „PAC DallBogg: Life & Health“ are available on the Company’s website – https://dallbogg.bg, section „Investments“/ Rate of return and risk
A description of the significance of the achieved rate of return, the level of investment risk, the methodology for calculating and the investment policy of the fund are available on the Company’s website – https://dallbogg.bg, section „Investments“/ „Rate of return and risk“.
A comparison with the data can be made on the Financial Supervision Commission website (https://www.fsc.bg), section “Social Insurance activity”/ “Statistics”/ “Statistics and Analysis”/ 2023-2024
