Vita Classic - Monthly development coverage ratio and performance

The coverage ratio is a key figure which places the pension assets in relation to the obligations. The Vita Joint Foundation sets out two coverage ratio values based on its Vita Classic pension planning model.

The most significant value for comparison is the higher of the two (coverage ratio II). Coverage ratio I takes into account the special characteristics of the Vita Classic pension planning model. The interest rate model allows for the insured to be guaranteed a base interest for the following year depending on the level of the coverage ratio on October 31 (cut-off date). If the coverage ratio exceeds the target coverage ratio of 106% by the cut-off date, an interest reserve will be formed from the current investment year. The corresponding interest pot is forwarded to the insured, distributed over five years, in the form of additional interest.

Performance

The investment strategy of the Vita Joint Foundation is very diverse and aims to generate a return over the longest possible term. Hedging instruments provide the necessary stability for this.

¹ Coverage ratio audited by the auditors.