III pillar
LHV Pensionifond Indeks Pluss
Suitable if
- you are prepared to tolerate the risks arising from potentially significant fluctuations in equity markets,
- you have previous investment experience.
Recipient
AS Pensionikeskus
Account
EE547700771002908125 - LHV Pank AS
EE961700017004379157 - Luminor Bank AS
EE141010220263146225 - SEB Pank AS
EE362200221067235244 - Swedbank AS
Explanation
30101119828, EE3600109419, IK:Your ID Code
Amount
Amount invested in euros
Strategy
The fund invests all of its assets in equity index-following investment funds and the fund manager does not actively change the fund’s risk level. The share of assets invested in equities is kept close to 100% of the fund’s size. Whenever the proportion of money in the fund exceeds 2% then it is invested within five working days.
Investments in funds investing in equities are distributed between three types of markets – developed markets, emerging markets and frontier markets – based on their approximate share in global gross domestic product (GDP).
Biggest investments
The data is presented as at 31.08.2023
| Biggest investments | |
|---|---|
| Amundi Prime Global UCITS ETF | 29.05% |
| Lyxor Core MSCI World DR UCITS | 26.18% |
| HSBC MSCI Emerging Markets UCITS | 22.05% |
| iShares Core MSCI Emerging Markets IMI UCITS ETF | 8.31% |
| SPDR MSCI World UCITS ETF | 7.17% |
| iShares Frontier and Select EM ETF | 3.12% |
| db x-trackers MSCI Emerging Markets Index UCITS | 2.72% |
Fund doesn´t make any investments in Estonia
Asset Classes
Information about the fund
| Information about the fund | |
|---|---|
| Volume of the fund (as of 31.08.2023) | 39,946,251.32 € |
| Management company | LHV Varahaldus |
| Depository | AS SEB Pank |
Entry fee: 0%
Exit fee: 0%
Rate of the depository’s charge: 0.0456%
Management fee: 0.2%
Ongoing charges (inc management fee): 0.40%
Ongoing charges are based on expenses for the last calendar year, ie 2022. Ongoing charges may vary from year to year.
Terms and Conditions
Prospects
Models
LHV Pensionifond Indeks Pluss
Recipient
AS Pensionikeskus
Account
EE547700771002908125 - LHV Pank AS
EE961700017004379157 - Luminor Bank AS
EE141010220263146225 - SEB Pank AS
EE362200221067235244 - Swedbank AS
Explanation
30101119828, EE3600109419, IK:Your ID Code
Amount
Amount invested in euros
Disbursements
Pension agreement
The state does not tax payments from the 3rd pension pillar if you have concluded an insurance contract under which regular pension payments will be made to you for the rest of your life.
Resale of shares
After reaching the age of 55 (if you started making Pillar III contributions before 2021), but not before five years have elapsed from the initial investment, the income tax on disbursements is 10%. If you have joined the third pillar before 2021 and want to take out what you have collected before the age of 55, the income tax is 20%. Those who have joined the third pillar from 2021 can withdraw money from the third pillar at a more favorable income tax rate (10%) if there is less than 5 years until retirement age.
The third pillar savings can also be bequeathed
The heir can then decide what to do with the inherited assets—whether to transfer them to their pension account or to withdraw the amount in cash.
Income tax of 20% applies to cash withdrawals.
