Risks yield returns. The risks that are taken are conscious, intentional and fall within the framework governing our operations.
The risks that are permitted and the level of risk-taking is governed by the National Pension Funds Act, restrictions adopted by the board of trustees.
Hotel Employees Provident Fund investment strategy is geared to achieving the annual target return of 4% in the long term. We also use structured methods to change the composition of the portfolio by adjusting levels of risk to reflect prevailing market conditions. Our objective is always to ensure healthy returns, which helps create a stable pension system.
Portfolio 31/12/2020
