Prime A

Prime A is suitable for individuals coming towards the end of their career. The pension plan offers low fluctuations on returns and distributes risk by investing in bonds and bank deposits.

Nominal return

Holding period

Fluctuation in returns

out of 7

Scale of risk and fluctuations in returns

Main benefits

  • Active investment and asset distribution in bonds and bank deposits

  • Experts monitor market opportunities

  • Tax efficient

  • Prime A receives contributions for the specific pension plan

Type
Inception
2010
Currency
ISK
Holdings
  • 96.6% Domestic bonds
  • 3.4% Deposits

Last changed: 31.10.2024

Objective

The objective of the plan is to ensure stable returns and effective risk distribution by investing in bank deposits and indexed and non-indexed bonds.

What does the fund invest in?

The fund invests in government backed bonds as well as municipalities and bank deposits. The fund portfolio mainly consists of government bonds and the bond indexation ratio is 20-90%. The fund does not invest in shares.

Fact Sheet

Price history


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Documents and data


Fact sheet
PDF
Key Information Document
PDF
Returns and holdings
PDF
Investment policy
PDF

Rules of Framtíðarauður
PDF
Tariff of Charges for Investment Services
PDF

Disclaimers


General disclaimer regarding Private Pension Plans

Investments in financial instruments always entail financial risks, such as the risk of little or no return or total loss of capital. Past performance is neither an indication nor a guarantee of future returns. Risk increases if the investment is financed by credit and returns can increase or decrease due to exchange rate volatility if assets are in foreign currency. Taxation of Private Pension is assessed on an individual basis in accordance with current legislation and is subject to change.

Framtíðarauður is a Private Pension Fund in accordance with Act No. 129/1997 on Mandatory Pension Insurance and on the Activities of Pension Funds. Íslandsbanki is the custodian of Framtíðarauður. Investors are advised to familiarise themselves with the rules of Framtíðarauður and the different strategies of each investment plan.

Information on this site is intended for information purposes only and should not be considered as an offer or advice on the purchase, sale or other allocation of certain financial instruments. Íslandsbanki is not responsible for investment decisions made based on information on this site. The source of this information is considered reliable, but the accuracy or validity of the information cannot be guaranteed. The bank reserves the right to make changes to this information at any given time.

Exchange rate developments and returns

The annual administration fee is included in the daily calculation of each investment plan’s exchange rate. Return for 12-month periods or longer is calculated on an annual basis. Shorter periods are not calculated on an annual basis but show price change instead. Return is based on the latest price listed and portrayed in the base currency of each investment plan.