Swedbank V-funds

Woman

A great opportunity for long-term investment in the 3rd pillar pension

  • You may get a tax rebate* on your contributions.
  • The entry and transaction fees when purchasing V-funds are €0.
  • You can increase and decrease the amount you pay and suspend payments for a certain period.
  • We offer three funds with different risk levels.
  • You can change from one 3rd pillar fund to another.

*Income tax will be refunded from third pillar pension contributions that are up to 15% of your gross income but not more than 6,000 euros per calendar year. Income tax from the contributions will be refunded to you if you submit an income tax return. You will only be able to gain a refund on third pillar pension payments if you have concluded the respective transactions yourself.

As of 6 August 2018, the third pillar pension fund units will be held on the same pension account with the second pillar pension fund units. Getting an overview of your pension assets becomes more convenient, as information about pension funds will be located in one place. Additionally when saving into third pillar funds it is no longer necessary to keep a securities account, requiring monthly maintenance fee. Read more

What should I know before investing in V-funds?

1

In order to work out whether V-funds are right for you and which one to choose, fill in this suitability questionnaire.

Fill in questionnaire

2

You need to have a pension account in order to invest in V-funds. It is the same account where the second pillar fund units are held.

3

We recommend making regular contributions. Investing regularly gives you the opportunity to buy fund units when the markets are up or down, which generally gives you a better average purchase price than one-off investments.

Pension Fund V3 - Equity Strategy

  • Up to 100% of the fund’s assets are invested in equity risk instruments.
  • The value of a fund share may fluctuate substantially.

V3 fund is suitable if:

  • you are with a high risk tolerance experienced investor;
  • your objective is to increase assets as much as possible over a long savings period (at least 10 years).

Long term return till 14.08.2018

Annualized return Return
1 year +5.10% +5.10%
3 years +4.46% +13.99%
5 years +6.17% +34.93%

Performance chart

    Net asset values of the pension fund prior to 01.01.2011 have been translated into the euro at the official central rate of 15.6466.

    Calendar year total returns

    Year 2017 2016 2015 2014 2013
    Total return +9.02% +6.97% +2.93% +9.50% +6.30%

    Volatility measures

    • Standard deviation : 9.10 %
    • Sharpe ratio : 0.41

    All indicators are based on 3 year period

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