PRIVATE BUSINESS PRIVATE BANKING ABOUT THE BANK C REWARDS
PRIVATE
BUSINESS
PRIVATE BANKING
ABOUT THE BANK
C REWARDS
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  1. Private customers
  2. 3rd pension pillar
  3. 3rd Pension Pillar Plans

3rd Pension Pillar Plans

Investment Policies


The index investment policy is based on capital growth through a diversified portfolio structure and a passive approach to investment management, with up to 100 percent of assets of the pension plan invested in equity securities through appropriate investment funds and ETFs (exchange-traded funds).

  • Up to 100% of the total assets of the pension plan may be invested in equities, venture capital, real estate and alternative investment funds, as well as investment funds investing in equity securities.

The active investment policy is marked by active adaptation to market conditions and dynamic changes in the composition of investments. The largest part of pension plan assets is invested in financial instruments with a high-risk profile.

  • Up to 100% of assets of the pension plan may be invested in government-issued and guaranteed debt securities.
  • Up to 100% of assets of the pension plan may be invested in debt securities issued and guaranteed by local governments and commercial companies.
  • Up to 50% of assets of the pension plan may be invested in term deposits with credit institutions.
  • Up to 50% of the total assets of the pension plan may be invested in equities, venture capital, real estate and alternative investment funds, as well as investment funds investing in equity securities.

The balanced investment policy is based on a stable and at the same time sufficiently dynamic projected growth of the supplementary pension capital. Assets of the pension plan are mainly invested in fixed-income financial instruments, but a small portion is also invested in high-risk financial instruments such as equities.

  • Up to 100% of assets of the pension plan may be invested in government-issued and guaranteed debt securities.
  • Up to 100% of assets of the pension plan may be invested in debt securities issued and guaranteed by local governments and commercial companies.
  • Up to 50% of assets of the pension plan may be invested in term deposits with credit institutions.
  • Up to 25% of the total assets of the pension plan may be invested in equities, venture capital, real estate and alternative investment funds, as well as investment funds investing in equity securities.

You can also be a participant of several pension plans at the same time. You can also be a participant of several pension funds. When you leave one pension plan, you can transfer your supplementary pension to another pension plan or pension fund.


Performance, Terms and Other Documents for 3rd Pension Pillar Plans


Statement to participants of 3rd Pension Pillar Plans on the performance of CBL Atklātais pensiju fonds AS:

2023 (in Latvian) 2022 (in Latvian) 2021 (in Latvian) 2020 (in Latvian) 2019 (in Latvian) 2018 (in Latvian)

Annual reports of the pension plans by the pension plan asset manager, CBL Asset Management IPAS:

2023 (in Latvian) 2022 (in Latvian) 2021 (in Latvian) 2020 (in Latvian) 2019 (in Latvian)

We draw your attention to the fact that investing in financial instruments can bring both profits and losses. The information is of a general and informative nature and is not tailored to the knowledge, financial situation, individual objectives and requirements of the recipient. The information does not constitute advice or a recommendation to enter into a contract or to invest in financial instruments and is for information purposes only. Citadele banka AS and its subsidiaries do not accept any liability for any direct, indirect (including lost profits) or consequential losses that may arise as a result of use of this information.


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