Pension Plans

The open-ended pension fund "SEB atklātais pensiju fonds" offers its clients 3 pension plans, differing among themselves both by the currency used and by their investment policy

Just as at Level 2 of the pension system, the investment management company "SEB Wealth Management" offers its clients the option of choosing an investment plan most suitable to them (SEB Balanced Plan, SEB Active Plan, SEB Europe Plan, SEB Latvia Plan) - the open-ended pension fund "SEB atklātais pensiju fonds" offers its Level 3 clients the choice of a plan, with an investment policy most suitable to them.

Balanced investment policy:

• Pension Plan "SEB-SABALANSĒTAIS (SEB Balanced)" (LVL)

The asset investment rules provide for a balanced strategy and set a joint limit total up to 25% of the Plan assets may be invested in shares and other capital securities, and total up to 10% of the Plan assets may be invested in real estate and risk capital market.

Active investment policy:

• Pension Plan "SEB-EIROPENSIJA" (EUR)
• Pension Plan "SEB-AKTĪVAIS"(LVL)

The asset investment rules provide for a more active strategy and set a joint limit total up to 50% of the Plan assets may be invested in shares and other capital securities, and total up to 20% of the Plan assets may be invested in real estate and risk capital market.

The development of these pension plans and the harmonizing of the investment strategies with the Level 2 "SEB Wealth Management (SEB Funds)", took place as a result of the merging of the investment management company into the SEB banka of Latvia group in May, 2003.

This offer provides the clients with the option of selecting the most suitable investment policy in shaping their Level 2 government pension, as well as their Level 3 private pension.