ATP posted a return in the investment portfolio of DKK 418m in Q1 2016
ATPs hedging portfolio protected the pension guarantees against the significant drop in interest rates, that occurred in Q1.
In the investment portfolio, ATP achieved a return of DKK 418m, equivalent to 0.4 per cent return relative to ATP’s bonus reserves, driven by positive returns in bonds, alternative investments and commodities, but offset by negative returns in equities and in ATP’s long-term hedging strategies against rising inflation.
At the end of Q1 2016, the bonus potential – ATP’s reserves – amounted to DKK 101.5bn, corresponding to a bonus rate of 15.5 per cent. ATP’s assets amounted to DKK 757.8bn.
Facts about ATP
ATP is a mandatory pension scheme with 4,980,000 members. At the end of Q1 2016, 982,000 pensioners were receiving ATP Lifelong Pension. ATP paid out DKK 3.9bn in pension benefits in Q1. For 50 per cent of all Danish old-age pensioners, ATP Lifelong Pension is their only source of pension income other than their state-funded old-age pension. The full ATP Lifelong Pension for a 65-year-old pensioner is DKK 23,600, equivalent to 33 per cent of the basic amount of the state-funded old-age pension.
Further information
