Please read in the comments of the Investment Manager Taras Kucher about how OTP Capital AMC, which manages the assets of OTP Pension and FreeFlight funds, was able to achieve high results in 2019 amid the declining interest rates and to make these funds the leaders by yield among 60 other non-state pension funds in Ukraine.
OTP Pension: +19.4% per annum
“In 2019, thanks to the quality, timely and professional activity of OTP Capital team, OTP Pension fund provided its investors with an incredible yield. Important investment decisions of the last year were the following:
- Absence of deposits in dollar assets, which allowed to leave the uncertainty period without significant losses from the dollar downing;
- Rebalancing of the portfolio towards the replacement of short-term government bonds for long-term ones, which allowed to generate extra profit from the wave of decline in government bonds yields;
- Constant search and fixing of high deposit rates with the most reliable banks”.
OTP Pension is a non-state pension fund that has more than 10 years of history of successful activity in the Ukrainian market showing consistently high results and is the leader among open pension funds in terms of growth rate (+ 7 thousand new participants in 2019). Currently, over 50,000 people trust us their savings.
Read more about the results via the link.
FreeFlight: +6.62% per annum (in USD)
“For a highly diversified non-state pension fund, thanks to a well-arranged strategy, active operations, timely transition to medium-term USD denominated government bonds at peak yields proposed by the government and good selection of high-yield deposits with the most reliable banks, the fund has created an extremely high yield for its investors”.
2019 is a fresh start for the FreeFlight fund. At the beginning of the year, the fund became completely under the control and management of the OTP Group, becoming the second, after the OTP Pension fund, open non-state pension fund acquired by the group in Ukraine. After the change of an owner, the fund introduced and started the implementation of a new investment strategy and became the only pension fund in Ukraine that offers the clients savings in foreign currency.
Read more about the results via the link.
