On amendments to the investment policies of “CBL Aktīvais“, “CBL Aktīvais USD“ and “CBL Sabalansētais“ pension plans
Please be informed that as of 12 February 2024, amendments to the Investment Policies of the pension plans “CBL Aktīvais“, “CBL Aktīvais USD“ and “CBL Sabalansētais“ (hereinafter referred to as Pension Plans) will come into effect. The asset allocation of the pension plan “CBL Sabalansētais” has been changed, i.e. the pension plan's investments in shares, venture capital market, real estate, alternative investment funds and investment fund certificates will be increased to 25% instead of the previous 20% in line with the industry-wide limit for the group of balanced pension plans. After the changes, “CBL Sabalansētais” pension plan will maintain a balanced investment strategy and the changes will not affect the level of investment risk of the pension plan members
The Investment Policies of the Pension Plans have been supplemented with a more detailed description of how the asset manager of the Pension Plan integrates sustainability characteristics into the Pension Plan management process and ensures disclosure of this information. The description of the most important risks has been clarified by adding an additional risk (credit risk), as well as clarifications of terminology and other editorial corrections.
The Investment Policies of the Pension Plans are available at https://www.citadele.lv/en/private/3rd-pension/plans/. For more information on the amendments, please call the information line at 67010147 or email pfonds@cbl.lv.
Riga, 12.02.2024