AFP funds fell to 1.4% in the first half



[ad_1]

Between January and June of this year, pension fund profitability declined by 1.4%, due to the greater volatility of the markets and stock markets in Peru and around the world, explained the AFP Integra Investment Manager, Roberto Melzi.

He explains that fund 0 (protection of capital) increases by 1.8%, fund 1 (low risk) falls by 0.5%, fund 2 (average risk) falls by 0.8% and fund 3 (higher risk) decreased by 1.4%.

As an example, he argued that if by the end of December of last year a member of the Fund 3 had S / 100, with the decline in profitability, up to 39 in June this year he would have S / 98.60

He explained that this decline in profitability can not be avoided because these are portfolios that are still invested in different markets, which record a certain volatility.

Diego Marrero, Director of Investments AFP Habitat, acknowledged that although positive results are expected by 2018, they would not be as high as in the past two years.

He said that as the trade war between the United States and China developed, it would represent a risk because of the impact on the prices of metals and assets such as currencies, among others.

Prima's investment director AFP, José Larrabure, said that the Peruvian economy has strong macroeconomic fundamentals that partially protect the stock market from internal shocks.

It should be noted that the nominal yield of the last 12 years months, up to June of this year, the Fund 0 advanced 4.07%, the Fund 1 4.08% while the Fund 2 managed to grow by 7.12% and Fund 3 grew by 10.74%.

You might be interested

[ad_2]
Source link