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The funds have provided an average annual return since inception of 6.8-7.0%

In the second quarter of 2022 the fund's return was not positive, however, an average annual return of 6.8-7.0% was recorded since its creation.

The performance of pension funds should be evaluated in the long-term segment, which makes it possible to neutralize the negative impact of short-term fluctuations.

Reporting period:

• diversification and the use of a new investment risk reduction tool made it possible to mitigate the negative impact on the funds' returns,
  
• the low level of prices of various securities enable funds to make new investments on the most favorable terms,
  
• The funds negative results recorded in the first half of the year have not been realized, and the beneficiaries of the mandatory pension system do not have to redeem their shares in the fund at a low value in order to receive a pension.