Kuo skiriasi tre\u010dios pakopos pensij\u0173 fondai?<\/strong><\/p>\n\u012e pensij\u0173 fond\u0105 pervedami pinigai yra investuojami taikant konkre\u010diam fondui b\u016bding\u0105 investavimo strategij\u0105. Pagal investavimo strategijas tre\u010dios pakopos pensij\u0173 fondai yra skirstomi \u012f tris kategorijas: rizikingus, konservatyvius ir mi\u0161rius.<\/p>\n
\u201ePaprastai tariant, konservatyvesniuose fonduose pinigai did\u017eiausia dalimi yra investuojami \u012f obligacijas, kuri\u0173 vert\u0117 rinkose svyruoja ma\u017eiau, o didesn\u0117s rizikos fonduose l\u0117\u0161os \u012fdarbinamos \u012f \u012fmoni\u0173 akcijas, kuri\u0173 vert\u0117 gali svyruoti labiau. Mi\u0161riuose fonduose pinigai yra investuojami tiek \u012f obligacijas, tiek \u012f akcijas, siekiant kaip \u012fmanoma suma\u017einti rizik\u0105 ir i\u0161laikant didesn\u0117s potencialios investicin\u0117s gr\u0105\u017eos tikimyb\u0119\u201c, \u2013 paai\u0161kina L. Na\u010dajien\u0117.<\/p>\n
Investavimo strategijose taip pat gali b\u016bti numatytos tam tikros taisykl\u0117s arba i\u0161imtys, \u012f koki\u0173 sektori\u0173 \u012fmoni\u0173 akcijas ar obligacijas yra arba n\u0117ra investuojama. Pavyzd\u017eiui, Lietuvoje jau egzistuoja tvar\u016bs pensij\u0173 fondai, kuri\u0173 taisykl\u0117se numatyta investuoti tik \u012f akcijas \u012fmoni\u0173, atsi\u017evelgian\u010di\u0173 \u012f aplinkos, socialinius ar valdysenos (angl. ESG) veiksnius.<\/p>\n
Pensij\u0173 fondai taip pat gali b\u016bti skirstomi pagal tai, ar fondas valdomas aktyviai, ar pasyviai.<\/p>\n
\u012e k\u0105 investuoja pensij\u0173 fondai?<\/strong><\/p>\nKaip jau min\u0117ta, pinigai pensij\u0173 fonduose yra investuojami \u012f obligacijas, akcijas arba kitas finansines priemones. Viename pensij\u0173 fonde investuojama nuo keli\u0173 iki 30 ar 50 skirting\u0173 finansini\u0173 priemoni\u0173. \u012e kiek toki\u0173 finansini\u0173 priemoni\u0173 investuojama, priklauso nuo to, ar fondas valdomas aktyviai, ar pasyviai.<\/p>\n
\u201eAktyviu fondo valdymu siekiama investicin\u0117s gr\u0105\u017eos, kuri vir\u0161yt\u0173 bendr\u0105 rinkos rezultat\u0105. D\u0117l \u0161ios prie\u017easties, fond\u0173 valdytojas investuoja \u012f kelias de\u0161imtis priemoni\u0173. Pasyviai valdomais fondais nebandoma aplenkti rinkos, o j\u0105 atkartoti \u2013 \u0161iuo atveju remiamasi prielaida, kad augant ekonomikai did\u0117s ir fond\u0173 vert\u0117. Tod\u0117l tokio fondo l\u0117\u0161as u\u017etenka investuoti \u012f kelias ar keliolika finansini\u0173 priemoni\u0173\u201c, \u2013 paai\u0161kina \u201eLuminor investicij\u0173 valdymas\u201c vadov\u0117.<\/p>\n
Kaip pensij\u0173 fonduose generuojama gr\u0105\u017ea ir kas j\u0105 lemia?<\/strong><\/p>\nU\u017e l\u0117\u0161as, patik\u0117tas valdyti pensij\u0173 fondus, perkamos \u012fvairios akcijos ar obligacijos. J\u0173 vert\u0117, \u017evelgiant trumpuoju laikotarpiu, gali ir kilti, ir kristi. Vis d\u0117lto istoriniai pavyzd\u017eiai rodo, kad ilgalaik\u0117je perspektyvoje ekonomika yra linkusi augti, tad fondo dalyvis gali u\u017edirbti i\u0161 augan\u010dios fondo indekso vert\u0117s, dividend\u0173, pal\u016bkan\u0173 ir kt. Tai priklauso ir nuo anks\u010diau min\u0117t\u0173 fondo strategij\u0173.<\/p>\n
\u201eVis\u0173 tre\u010dios pakopos pensij\u0173 fond\u0173 investicin\u0117s gr\u0105\u017eos dydis priklauso nuo poky\u010di\u0173 finans\u0173 rinkose, kurioms \u012ftakos turi tokie veiksniai kaip ekonomikos augimas, centrini\u0173 bank\u0173 veiksmai, investuotoj\u0173 rizikos \u201eapetitas\u201c ir daugyb\u0117 kit\u0173\u201c, \u2013 komentuoja \u201eLuminor investicij\u0173 valdymas\u201c vadov\u0117.<\/p>\n
Pasak L. Na\u010dajien\u0117s, atsi\u017evelgiant \u012f tai, kad kiekvienas fondas investuoja \u012f skirtingus finansinius instrumentus, investicin\u0119 gr\u0105\u017e\u0105 gali lemti vis kitokie faktoriai.<\/p>\n
Kod\u0117l gali keistis finansin\u0117s priemon\u0117s, \u012f kurias investuojama?<\/strong><\/p>\nPensij\u0173 fonduose investiciniai instrumentai yra kei\u010diami tam, kad kaupiantiesiems b\u016bt\u0173 u\u017etikrinta kaip \u012fmanoma didesn\u0117 investicin\u0117 gr\u0105\u017ea, nepaisant ekonomini\u0173, politini\u0173 ir kit\u0173 veiksni\u0173. Anot L. Na\u010dajien\u0117s, tokius poky\u010dius tarp \u201eLuminor\u201c valdom\u0173 fond\u0173 visai neseniai l\u0117m\u0117 Rusijos prad\u0117tas karas Ukrainoje.<\/p>\n
\u201eSteb\u0117dami geopolitin\u0119 situacij\u0105, jau nuo \u0161i\u0173 met\u0173 prad\u017eios ma\u017einome investicijas \u012f didesn\u0117s rizikos finansinius \u012frankius \u2013 akcij\u0173 dalis buvo \u0161iek tiek suma\u017einta. Dalis investicij\u0173 buvo nukreiptos \u012f komunalini\u0173 paslaug\u0173, sveikatos apsaugos, energetikos sektorius, nes j\u0173 rezultatai svyruojant rinkai \u012fprastai b\u016bna santykinai geresni nei kit\u0173 segment\u0173. Kilus karui, nuspr\u0119sta suma\u017einti riziking\u0173 investicij\u0173 dal\u012f, ma\u017einant Europos akcij\u0173 pozicijas. \u0160ie sprendimai puikiai iliustruoja poky\u010dius, kuri\u0173 kaupiantieji gali tik\u0117tis i\u0161 fond\u0173 pana\u0161iose situacijose\u201c, \u2013 teigia \u201eLuminor investicij\u0173 valdymas\u201c vadov\u0117.<\/p>\n","protected":false},"excerpt":{"rendered":"
Augant lietuvi\u0173 finansiniam ra\u0161tingumui ir susidom\u0117jimui investavimu, jau beveik 20 met\u0173 Lietuvoje egzistuojant\u012f investavimo b\u016bd\u0105 vis dar apipyn\u0119 klaidingi \u012fsitikinimai. \u201eLuminor investicij\u0173 valdymas\u201c vadov\u0117 Loreta Na\u010dajien\u0117 tikina, kad tre\u010dios pakopos pensij\u0173 fondus perprasti nesunku \u2013 tereikia \u017einoti atsakymus \u012f kelis pagrindinius klausimus. <\/p>\n","protected":false},"author":2,"featured_media":7190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":""},"jnews_primary_category":{"id":"5"},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[10,18],"tags":[],"class_list":["post-7189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aktualijos","category-lietuvoje"],"_links":{"self":[{"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/posts\/7189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/comments?post=7189"}],"version-history":[{"count":0,"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/posts\/7189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/media\/7190"}],"wp:attachment":[{"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/media?parent=7189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/categories?post=7189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ww1.rina.lt\/index.php\/wp-json\/wp\/v2\/tags?post=7189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}