After six weeks pension funds yield between 2.4% and 3.7%

Four of the 14 active mandatory pension funds yielded profits in the first six weeks since their launch, whilst the rest were in the red. Mandatory pension funds (2nd pillar) ranged from -2.43% and 3.68% in the first six weeks since the collection of contributions started, according to data published by fund management companies on their websites. However, these results are not relevant yet, because the period since the launch has been very short. The first genuinely important results will be the annual ones. The fund with the biggest profit was ING, which yielded 3.68% during this period, followed by BT Aegon (1.09%), OTP (0.46%) and AIG (0.22%). The funds which ended the first six weeks in the red are Interamerican (-0.41%), Prima Pensie (-0.41%), Generali (-0.72%), Omniasig (-1.1%), Bancpost (-1.2%), BRD (-1.27%), Aviva (-1.33%), KD (-1.44%), Allianz-Tiriac (-1.81%) and BCR (-2.43%).