Pension Fund Index Credit Suisse Swiss Pension Fund Index

Credit Suisse Swiss Pension Fund Index

A comparison of Swiss pension funds

Published quarterly, the Credit Suisse Swiss Pension Fund Index gives a representative,
up-to-date picture of second pillar (employee benefit) investment activity. Thanks to the breadth of its analysis, the index accurately reflects the behavior of pension funds that have a global custody arrangement with Credit Suisse.

Autumn Sadness

Performance of Swiss Pension Funds on the Basis of Credit Suisse Global Custody Data as at September 30, 2011.

The Credit Suisse Swiss Pension Fund Index (blue line), which started with a value of 100 at the beginning of 2000, is seeing a gloomy autumn. In the reporting quarter, the index fell by 3.32 points, or 2.66%, to 121.52 points as of Septem-ber 30. Both July (–1.83%) and August (–1.09%) contributed to the negative result, while September posted a plus of 0.25%. The BVG mandatory minimum rate of return (the gray line in chart 1a, which also started with a baseline of 100 as of January 2000), improved by another 0.5% or 0.68 points in the reporting quarter, climbing to 138.76 and increasing the difference to 17.24 points as of September 30. The annualized return of the Credit Suisse Swiss Pension Fund Index was 1.67% at the end of the quarter, compared to the annualized BVG mandatory minimum rate of return, which was 2.83%.