About FreeFlight
In December 2018, OTP Capital became the sole founder of FreeFlight. In the history of the Fund, this event was a turning point. At this point, FreeFlight reformulated its investment strategy, becoming one of the first funds to offer its participants the possibility of accumulating funds in foreign currencies.
How does the currency strategy work?
This approach to asset management has allowed us to offer a unique product in the Ukrainian private pension market.
As of
As of 31.07.2026
This level of risk does not necessarily remain constant. It may change over time.
We would also like to draw the attention of the investors to the fact that even the lowest level is not a risk free investment.
At its regular Monetary Policy Committee meeting at the end of July, the National Bank of Ukraine (NBU) increased the key policy rate by 50 basis points to 15.5%. This decision came as a surprise to the financial market, as the updated forecast had anticipated that the policy rate would remain unchanged through the end of the year. Moreover, annual inflation declined to 7.8% in June (from 8.2% previously), adding to optimism regarding the macroeconomic outlook. According to the NBU, the decision to tighten monetary policy was driven by “the persistent strengthening of underlying inflationary pressures and a significant acceleration of headline inflation expected by the end of the year.”
It should be noted that the increase in the key policy rate is aimed at preserving the attractiveness of hryvnia-denominated assets, maintaining the stability of the foreign exchange market, and keeping inflation expectations under control within the regulator’s macroeconomic framework for 2026–2028.
Yields on domestic government bonds (OVDPs) at primary auctions continued their downward trend in July, supported by strong investor demand. Specifically, the yield on 1-year OVDPs remained unchanged at 15.13%; 2-year OVDPs declined from 15.73% to 15.46%; 3-year OVDPs fell from 16.15% to 15.98%; and 3.5-year OVDPs decreased from 16.50% to 16.44%. Interest rates on term deposits in the banking sector remained broadly unchanged from May, ranging between 9% and 14% for hryvnia deposits. U.S. dollar deposit rates also remained unchanged at up to 2%, depending on the deposit term.
The owner of the open non-governmental pension fund FreeFlight is the asset management company OTP Capital. Its founders are the Hungarian company OTP Fund Management and the joint stock company OTP Bank in Ukraine.
Ownership structureThe Board of the Pension Fund was created to provide management and control over the current activities of the fund.
Board of the Found
Identification code
33193408
License of NSSMC
AB 115988 issued August 14, 2008
State registration
№10711050016000611 by 13.07.2011
Validity
unlimited
free of charge from all numbers in Ukraine
04070 Kyiv, 1/6 Frolivska street, 2nd floor
Individuals and/or companies make voluntary contributions to a participant’s pension account. Assets are accumulated and grow through investment income. Upon reaching retirement age, the participant receives pension payments. During the period of pension payments, the fund balance continues to earn interest.
The amount of the benefit (pension) depends solely on the amount of savings accounted for in the participant’s pension account at the time of the benefit and the duration of the benefit. In order to make the savings work more efficiently, it is advisable to start making pension contributions as early as possible – a longer period for contributions and the growth of pension funds due to compound interest will allow for a higher investment return. Even small contributions over a long period of time can help you accumulate substantial capital.
You can calculate your future pension using the Private Pension Calculator
Anyone can be a member of the NPF:
Contributors may be spouses, children, parents, siblings, grandparents of the fund participant, children of the fund participant’s spouse, including children adopted by him or her, parents of the fund participant’s spouse, and legal entities (employer or professional association of which the fund participant is a member).
The minimum and maximum age of a participant is not limited by law. For example, the youngest member of OTP Pension is 1 year old, and the oldest is 91 years old
There are no limits or obligations. You decide how much and how often to pay. In Europe and the United States, for example, a monthly payment of 5 to 10 percent of profits is considered the norm.
You can monitor the status of your pension account in your personal online account on the website of the Fund Administrator, or in the mobile application and via a free monthly SMS newsletter.
The law stipulates that pension payments must begin no earlier than 10 years before the official retirement age (currently 50 years). Payments must last at least 10 years and can be made monthly, quarterly, semi-annually, or annually. If the amount of savings is small (as of January 2023, up to UAH 125,580), the funds can be received in a lump sum.
Yes, if the participant moves abroad for permanent residence or her passport or has a medically confirmed critical health condition (cancer, stroke, disability).
You can transfer your savings to another pension fund, but no more than once every six months.
info@acpo.com.ua