A favorable Year for Pension Funds
2024 has been a positive year for the funds managed by the AFPs in Peru. During the first half of the year and the first nine months, statements have significantly progressed for members.
Results for the First Half of the Year
From January to June 2024, pension funds exceeded initial expectations, driven by a global economic recovery and a more stable local context. This performance has enabled members to partially recover the losses in previous years due to market volatility.
Performance in the First Nine Months
According to the figures reported, Fund 2, the most chosen by members, showed a higher-than-expected statement, reaffirming its attractiveness as an investment option for the long term.
Factors Driving Statements
- Global economic recovery: An improvement in international markets has favored the funds’ investments.
- Portfolio diversification: The AFP (Administradora de Fondos de Pensiones – Pension Fund Administrator) strategies have prioritized efficient diversification, minimizing risks.
- Local stability: Domestic economic policies have contributed to a more predictable environment.
Importance for Members
These results are good news for those relying on the pension system as a tool to guarantee their financial future. Conversely, it is essential to keep informed and periodically evaluate the fund to which you are affiliated to maximize the statement on your contributions.
How to Protect and Maximize Your Pension?
At VAG Global, we advise you on the efficient management of your pension contributions, assisting you in choosing the fund that best suits your objectives. In addition, we keep you updated on economic trends and their impact on your pension.
Contact us now for customized advice on your contributions and financial plan.
Sources: Andina Noticia AFP Fondos Provisionales / Andina Noticia Rentabilidad AFP 2024