Global Custody Solutions Credit Suisse Swiss Pension Fund Index

Credit Suisse Swiss Pension Fund Index

A comparison of Swiss pension funds 

Swiss Pension Fund Index

October 2022: +1.95%
YTD: −10.00%

October 2022: positive monthly result

The Pension Fund Index rose by 3.62 points, or 1.95%, in the month under review; this gives a change of −10.00% since the start of the year. The index stood at 188.85 points as of October 31, 2022, having risen from a baseline of 100 points at the beginning of 2000.

The lion's share of positive performance in October was attributable to equities (+1.89%). Swiss equities made a return contribution of 0.62%, while foreign equities contributed 1.27%. With positive return contributions, bonds (+0.14%) and alternative investments (+0.06%) also helped improve the monthly result. Real estate (−0.03%) and liquidity (−0.11%) weighed on the monthly return, while the performance of the other asset classes was unremarkable.

The index of the BVG mandatory minimum rate of return (1% p.a. since January 1, 2017) rose by 0.13 points (+0.08%) to 159.59 points in the reporting month from a baseline of 100 points in January 2000. The return on the Credit Suisse Swiss Pension Fund Index was therefore 1.87% above the BVG requirement as of October 31, 2022.

The annualized return on the Credit Suisse Swiss Pension Fund Index (since January 1, 2000) amounted to 2.82% as of October 31, 2022. This contrasts with an annualized BVG mandatory minimum rate of return of 2.06%.