An average return of 5.08%, more than double the average 2.35% of its category.
Madrid, 13 November 2014. Montepío Loreto, one of the ten leading institutions dedicated to social welfare in Spain in terms of assets under management, whose personal pension plan, Loreto Óptima, has been among the five best plans in Spain over the last decade, according to a report published by the business newspaper Cinco Días. Loreto Óptima is in the mixed fixed income category, with an average annual return of 5.08%. This is double the average for the sector, which stands at 2.35%, and it is even above the averages for other categories which include products with a higher level of risk.
Loreto Óptima, as well as standing out for its profitability, has also obtained one of the best return/risk ratios in the market, with management fees of 0.6%, one third of the average for personal pension plans, and a cumulative return in the last decade of more than 60%.
Jon Aramburu, CEO of Loreto Mutua, said “Through Loreto Óptima, we place more than 40 years of experience in the management of profitable, secure and long-term investments at the service of all, with the ultimate goal of ensuring that after they retire our investors can maintain their standard of living. The perfect combination of the client’s ability to save and our experience in asset management.”