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Loreto Mutua  celebrates 50 years with an annualized return of 5% in the last two decades

  • Since Loreto Mutua adopted the individual capitalization system in 2001, its revaluation has been 177.32%, well above the 53.4 9% of the CPI.
  • In the last 50 years Loreto Mutua has processed almost 1.5 € billion in benefits to more than 10,000 people

Madrid, 30 June 2022.  This year Loreto Mutua, a mutual society that manages pensions  in the airline sector, turns 50 and celebrates it with a profitability of 6.31% in 2021.  This performance is in addition to the good results achieved by the Mutual since its foundation and, more specifically, in the last 20 years. Since then, the Mutualidad has offered an annual return of 5%.

This result means being well above the overall pension plans or the mixed fixed income category, which, in the same period of 20 years, have obtained an annual return of 2.95% and 1.82%, respectively.   Likewise, it also exceeds that of the employment system and the associate one, whose annual profitability in the last two decades remains at 3.53% and 3.82%, respectively, according to data from Inverco.

Taking as a reference the year 2001, milestone of the transformation towards the system of individual capitalization, the revaluation of the mutuality is 177.32%, compared to 53.49% of the CPI, which translates into a profit of the partners of Loreto Mutua much higher than inflation, an  82.46%.

For its part, the profitability of the Loreto Óptima individual plan reached 3.56% in 2021, which has brought its accumulated profitability in the last 15 years (it was constituted in 2003) to 53.02%, also above the accumulated CPI in the same period, of 27.44%. Finally, the Loreto Empresas plan, which is available to any company, obtained a revaluation of 3.13% in 2021.

“We are very happy to celebrate the 50th anniversary of Loreto Mutua, with very positive results. Our independence, the history of returns obtained, specialization, effective and prudent management and one of the lowest management expenses in the market are our hallmarks that have allowed us to achieve such a positive profitability for our mutual society members”, explains Jon Aramburu, CEO of Loreto Mutua.

In the last 20 years, Loreto Mutua has processed almost 1. 5€ billion in benefits to retired people. Currently, the Mutuality is made up of more than 24,000 professionals from the aviation sector, who have chosen Loreto Mutua’s complementary long-term savings products.

Loreto Mutua is an entity specialized in social security, with more than 50 years of experience in the market of retirement savings products. The group, which manages a net worth of 1.285 billion euros, also has since 2018 an investment fund manager, Loreto Inversiones SGIIC, open to any investor.