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Investment Portfolio

 
 

Stalfond’s investment portfolio for managing pension assets includes diverse methods: bank deposits, government and corporate bonds, shares and real estate - in accordance with the limitations imposed by Russian Federation law. The relationship between the different proportions of the various portfolio assets is determined by strategic asset allocation, which varies in response to the situation on the financial markets.

Breakdown of investments of voluntary pension assets at 01.10.2011

Description

RUR in mlns

 %

Government bonds

104

1,8

RF Constituent bonds

330

5,6

Corporate bonds

3 017

51,6

Bank deposits

310

5,3

Shares 

417

7,1

Mutual funds

1 228

21,0

Real estate

230

3,9

Cash in hand/receivables

216

3,7

TOTAL

5 852

100,0

Items for investment of mandatory pension assets at 01.10.2011

Description

RUR in mlns

 %

Government bonds

1 029

11,4

RF Constituent bonds

1 019

11,3

Corporate bonds

5 043

55,7

Bank deposits

762

8,4

Shares 

813

9,0

Cash in hand/receivables

377

4,2

TOTAL

9 043

100,0

 

 

 

 

 

 
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