Pension statements are now sent digitally
    • Fund member website
    • Employers' website
    IS
  • Pensions
    Til baka
    Pensions
    Reliable Pension Insurance
    • Retirement Pension
    • Disability Pension
    • Spouse’s Pension
    • Child Pension
    • Pension Calculator
    • Taxation of Pension Payments
    • Division of Retirement Pension
    • Social Security Pension
    • Accumulation of Rights
    • Half Pension
    • Reference Premium
  • Loans
    Til baka
    Loans
    Housing loans on favourable terms
    • Loan Calculator
    • Chief Advantages
    • Interest Terms
    • Borrowing Rights
    • Applications
    • Tariff
    • Interest Rate Development
    • Rules on loan
    • Loan Information
  • Private Pension
    Til baka
    Private Pension
    One of the best savings methods available
    • Chief Advantages
    • Property Purchase
    • Investment Schemes
    • Returns
    • Specified personal savings
    • Terms of Contract
    • Key information
  • Premiums
    Til baka
    Premiums
    Mandatory Premiums
    • Premium Payments
    • Declaration Reports and Payments
    • Electronic Payments of Premiums
    • Bank Claims
    • Trade Union Fees
    • Rehabilitation Fund
    • Private Pension
  • About Gildi
    Til baka
    About Gildi
    A Powerful Supporter of Fund Members
    • Staff
    • Board of Directors and Committees
    • Committees
    • Organisational Chart
    • Annual Reports
    • Presentations
    • Media Centre
    • Assets and Investments
    • Mutual Pension Division
    • Policies and Articles of Association
    • Gildi’s History
    • Privacy Policy
  • Fund member website
  • Employers' website
  • Login
    • Fund member website
    • Employers' website
    IS
  • Gildi Pension Fund
  • About Gildi
  • Future Vision 1

Future Vision 1

  • Annual Reports
  • Mutual Pension Division
  • Future Vision 2
  • Future Vision 3

The net assets of Future Vision 1 amounted to just under ISK 3.1 billion at the end of 2022. The division’s assets developed in the following way in 2022 (in ISK millions).



Below you can find information on the returns, asset composition and Investment Policy of Future Vision 1.

Detailed information can be found in the fund’s Annual Reports, which can be accessed here.

  • Returns
  • Investment Policy
  • Composition of assets

The net nominal returns of Future Vision 1 was -5.8%, or a net real return of -13.9%. The five-year average real return is now 3.1%, but it is 4.0% if we look at the last ten years.

Future Vision 1 returns in 2022

Nominal returns of the main groups of assets of Future Vision 1 in 2022

In Future Vision 1, 35% of the portfolio is normally in shares and 65% in bonds. When a large part of the portfolio is tied up in shares, you can expect more fluctuations in returns, but at the same time, higher returns are expected in the long term.

Assets 30.9.2022 Strategy 2023 Veriance (minimun) Variance (maximum)
Bonds 61,1% 65,0% 55,0% 75,0%
Deposits 1,5% 1,0% 0,0% 15,0%
Government bonds 22,9% 23,0% 10,0% 65,0%
Banks and savings banks bonds 17,3% 18,0% 0,0% 26,0%
Mortgage bonds 0,0% 0,0% 0,0% 10,0%
Municipal bonds 3,4% 4,0% 0,0% 10,0%
Corporate bonds 15,9% 18,0% 0,0% 24,0%
Foreign short-term funds 0,0% 0,0% 0,0% 10,0%
Foreign bonds 0,1% 1,0% 0,0% 15,0%
Shares 38,9% 35,0% 25,0% 45,0%
Domestic shares 18,6% 16,0% 0,0% 25,0%
Foreign shares 20,3% 19,0% 10,0% 40,0%

Future Vision 1’s portfolio consists of a number of assets that are divided into the following groups at the end of 2022.


Groups of assets

Guðrúnartún 1, 105 Reykjavík
Hafnarstræti 9, 400 Ísafjörður
Telephone
5154700
ID No
561195 2779
Contact Us
Opening hours
Monday - Thursday 09:00 - 16:00
Friday 09:00 - 15:00
Phone hours for department of pensions, loans and premiums
Monday - Friday 09:00 - 15:00
  • Mailing List
  • Get pension statement on paper
  • Privacy Policy
© 2022, Gildi