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Pension funds
30.10.2025
Pension funds' Investments and Performance

3rd Quarter, 2025

As of the end of Q3 2025, the net asset value of the three pension funds managed by Amundi-ACBA amounted to approximately AMD 694 billion, of which about AMD 171 billion (24.6%) is income the income generated through the funds management. 


Over the long term — from the funds’ inception through the end of September 2025 — the average annual rate of return has ranged between 7.3% and 8.1%.


Funds have had positive returns, which were largely driven by foreign equities and Armenian government bonds, followed by Armenian deposits and corporate bonds. 


You can review detailed information on the funds’ investments and performance in the following report:


Additional information related to the material