Performance 2019

28.01.2020

The Pension Fund recorded a very pleasing performance of +9.8% for the year.

Performance
The Pension Fund recorded a very pleasing performance of +9.8% for the year. This result is slightly lower than that of the UBS pension fund barometer (+11.07%). It nonetheless reflects the pattern of the past, in which our performance has fallen a little short of the benchmark in very good investment years, but has regularly beaten it during difficult periods. We can be proud of our long-term outperformance.

Details of Investment Performance
With the exception of insurance-linked securities (ILS) (-5.4%), all asset classes turned in positive results. Where ILS are concerned, one of the three funds we use had another very disappointing year owing to hurricanes, typhoons and bush fires. This holding will now be sold. The best performers were Swiss equities (+29.1%), followed by foreign equities (+21.0%). Swiss real estate – which is the highest-weighted asset class at around 32% – also achieved a pleasing return, of +7.5%.

Contact

Schindler Pension Fund
Zugerstrasse 13
6030 Ebikon

T. +41 41 445 3139
T. +41 41 445 3012

pk.ch@schindler.com