The net assets of mandatory pension funds (OMF) at the end of May this year amounted to 21.4 billion euros, which is an increase of 230.6 million euros or 1.1 percent more compared to the previous month, according to the monthly report of the Croatian Financial Services Supervisory Agency (Hanfa) published on Monday.
At the end of May, OMFs had a total of 2,272,137 members, which is 3,869 members or 0.17 percent more compared to April. In May, OMFs recorded 5,919 new members, the vast majority of whom, 97.5 percent, were automatically assigned by Regos (Central Register of Insured Persons).
Due to retirement or death, membership ceased for 2,056 insured persons in May.
In May, total net contributions paid into mandatory pension funds amounted to 127.3 million euros, while total amounts paid out upon the closure of personal accounts from all OMFs were 37 million euros, or 11.9 million euros more compared to the previous month.
According to Hanfa data, the nominal monthly returns of Mirex at the end of May for category A were 1.3 percent, for category B 0.7 percent, and for category C 0.4 percent. Annual returns also had a positive sign in all three categories – in category A, an increase of 13.9 percent was recorded, in category B 10.1 percent, and in category C 3.9 percent. The annualized returns of Mirex since the start of OMF operations are also positive, with Mirex A at 7.4 percent, Mirex B at 5.3 percent, and Mirex C at 3.3 percent, Hanfa reported.
Bonds remained the dominant form of investment in the structure of OMFs at the end of May, with 13.2 billion euros and a share of 61.7 percent, with this share increasing by 0.1 percentage points on a monthly basis.
At the same time, the representation of investments in stocks in the assets of OMFs decreased by 0.1 percentage points, amounting to 4.9 billion euros, or 23.1 percent of OMF assets at the end of May.
