The State Pension Fund of Finland

The State Pension Fund of Finland (VER) was established in 1990 to balance state pension expenditure. VER invests pension assets and helps the state to prepare for financing future pensions. VER is a long-term investor characterised by a high standard of professionalism and an ethical code of conduct. VER operates as part of the prefunded Finnish pension system.

 

 

5.1%

VER’s five-year average annual return (1 October 2014 – 30 September 2019)

 

6.1%

VER’s ten-year average annual return (1 October 2009 – 30 September 2019)

 

5.4%

VER’s average annual return 1 January 2001 – 30 September 2019

 

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On 30 September 2019, VER’s investment assets totalled EUR 20.0 billion. During the first three quarters, the return on investments at fair values was 10.1 per cent. The average nominal rate of return over the past five years (1 October 2014–30 September 2019) was 5.1 per cent and the annual ten-year return 6.1 per cent.

20.0

The market value of VER's investment portfolio was EUR 20.0 billion on 30 September 2019.

Strategy

In June 2016, the Board of Directors of the State Pension Fund (VER) adopted a strategy that provides a more detailed description of VER’s objectives and outlines the policies designed to achieve them.

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