"Raiffeisen Futura" pension fund property estimated to be 287 millions RSD - leading position in Serbia

Voluntary pension fund management group, "Raiffeisen Futura" is holding the first place in the industry of voluntary pension insurance companies in Serbia, with a property estimated to be 287 millions RSD, as it was announced by the Group.

On the last day of August, the fund had 10.286 members, which make monthly payments of 4.360 RSD on average, which makes the entire members' property of 287 millions RSD, stated today (September, 11th, 2008) the CEO of "Raiffeisen Futura", Snezana Ristanovic, at the press conference in Novi Sad.

- We have reached extraordinary results in almost two years of work and we occupy the first place according made profits on annual level, it was pointed out by Ristanovic.

The profit from January, 3rd, 2007 until the second quarter of this year, was about 13%, and the year 2007 was finished with 19,5% annual profit.

The structure of the fund's members is made in such way that 51% of them are employees for which employers pay additional pension contributions, while 49% are made of individual membership contracts. Average members' age is 41 years.

The key goals of "Raiffeisen Futura" are the increase of members' number, growth of the property under management and growth of the profits from invested means into the fund.