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.
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.
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.