Investment options
Diverse investment options
Various investment options are designed to meet different needs and attitude to risk. You can apply for supplementary pension savings or change your investment option on the fund member website.
Nominal rate of return on pension savings
| 1 year | 3 years* | 5 years* | 10 years* | 15 years* | |
|---|---|---|---|---|---|
| * Average annual nominal rate of return until 30 April 2024 |
|||||
| Íslenski - Líf I: Private pension | 8.4% | 4.1% | 7.1% | 8.0% | 8.7% |
| Íslenski - Líf II: Private pension | 8.2% | 3.8% | 6.5% | 7.4% | 8.0% |
| Íslenski - Líf III: Private pension | 7.6% | 3.6% | 5.8% | 6.7% | 7.3% |
| Íslenski - Líf IV: Private pension | 5.5% | 2.5% | 3.6% | 4.7% | 5.7% |
| Lífeyrisbók - Indexed | 7.9% | 8.4% | 6.7% | 5.5% | 6.2% |
| Lífeyrisbók - Non-indexed | 9.1% | 5.7% | 4.4% | 4.1% | 4.3% |
| Pension savings - Foreign securities | 14.7% | 4.2% | 7.8% | 6.9% | 7.1% |
Lífsbrautin
You can choose individual investment options or opt for the Lífsbrautin plan, where your savings are automatically transferred between investment options as you grow older.
Investment strategy
The investment options have different investment strategies to suit differing risk appetites.
Líf I
Líf I is for those who are prepared to take risk and achieve long-term return on investment. Short-term returns may experience significant fluctuation, but the goal is long-term growth.
This may therefore suit those who have at least 20 years left of pension contribution payments.
Líf II
Líf II is for those who are prepared to take moderate risk and achieve long-term return on investment. Your portfolio’s short-term returns may experience considerable fluctuation, but the goal is long-term growth.
This may therefore suit those who have more than 5 years left of pension contribution payments.
Líf III
For those who are approaching retirement or have already begun to claim their pension.
Líf IV
Líf IV suits those who are approaching retirement or have already begun to claim their pension. The focus is on providing solid, steady returns.
Lífeyrisbók pension savings account - Indexed
An indexed deposit account for pension savings that suits those who want to invest their savings in a simple and transparent manner. The account has a floating interest rate.
Lífeyrisbók pension savings account - Non-indexed
A non-indexed deposit account for pension savings that suits those who want to invest their savings in a simple and transparent manner. The account has a floating interest rate.
Pension savings - Foreign securities
This option is for those who want to allocate their pension savings to foreign securities. There may be very high fluctuations in returns. This option suits those who have many years of pension contribution payments ahead of them and those who are aware that fluctuations may be considerable.
Investments are mainly in mutual funds, with the goal of using the strengths of the world’s foremost fund management companies to achieve maximum returns with high-risk diversification.
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