2020 has also been an unusual year in terms of investment, and corona has left a clear mark on this year’s return, which has landed at 2.4 per cent overall. The deposit rate for 2021 is 1.5 per cent.
After a year of global health crisis and economic storm, which offered both large price falls and increases in the investment markets, the pension fund’s investment return for the year 2020 landed at a total of 2.4 per cent.
Unusual year
“We must state that 2020 has also been a completely unusual year in terms of investment. Our portfolio has been put together in a way that hit us in the short run as the stock markets plunged in the spring, yielding a very unsatisfactory return. Especially in November and December, the return improved significantly, and the development has so far continued into the new year, ”explains Henrik Olejasz Larsen, Investment Director in the Sampension community.
The negative return for the spring was exacerbated by a predominance of value equities in the global portfolio of listed equities and emerging market equities.
In 2020, the price of growth stocks rose even more, and conversely it fell on the value stocks. It is not uncommon for growth and value stocks to rise and fall relative to each other, but during 2020 the difference in returns was up to around 30 per cent.
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