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.

 

 

1.3%

VER’s five-year average annual return (1 April 2015 – 31 March 2020)

 

4.2%

VER’s ten-year average annual return (1 April 2010 – 31 March 2020)

 

4.7%

VER’s average annual return 1 April 2001 – 31 March 2020

 

Read more
On 31 March 2020, VER’s investment assets totalled EUR 17.9 billion. During the first quarter, the return on investments at fair values was -12.6 per cent.

VER's blog

2020-05-29 15:05
2020-06-10 12:26
On 31 May 2020, VER had EUR 402 million invested in commercial papers. Investments have been made in the commercial papers of 27 companies.
2020-04-14 15:14
On 31 March 2020, VER had EUR 280 million invested in commercial papers and on 8 April 2020 EUR 311 million. Investments have been made in the commercial papers of 25 companies.
2020-03-19 15:29
The State Pension Fund of Finland (VER) has started additional investments on commercial paper markets. VER’s investments to commercial papers will be increased at most to one billion euros depending on the market situation. VER continues to direct investments to companies which possess low credit risk and investments are done on market terms.
2020-02-28 11:54
The return at market values on the investments made by the State Pension Fund of Finland reached 13.8 per cent in 2019 (-3.4 per cent in 2018). The real rate of return was 12.8 per cent (-4.5 per cent).

17.9

The market value of VER's investment portfolio was EUR 17.9 billion on 31 March 2020.

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.

READ MORE