Decisions of the Investment Committee on March 5, 2025

In accordance with Article 5 and based on Article 9, paragraphs 9.1 and 9.6 of Law No. 04/L-101, amended and supplemented by Law 04/L-115, Law 04/L-168, Law 05/L-116, and Law 07/L-016, as well as in accordance with Article 13, Article 33, and paragraph 1 of Article 41 of the Statute of KPST, and with the Statement of Investment Principles, the Investment Committee of the KPST’s Governing Board, on March 5, 2025, made the following decisions:

1. In the Standard Portfolio shall be invested as follows:

a) 30 million euros in iShares Listed Private Equity ETF (with ISIN: IE00D8FCSD8).

b) 82.5 million euros in JP Morgan Select Equity (with ISIN: LU2552654589).

c) 82.5 million euros in Schroder Global Equity Alpha (with ISIN: LU0248167297).

d) 42 million euros in Allianz Dynamic Multi-Asset (with ISIN: LU2093606593).

e) 62 million euros in Blackrock Global Allocation (with ISIN: LU1653088838).

f) 62 million euros in Schroder Global Balanced (with ISIN: LU0776414590).

2. In the Standard Portfolio shall be withdrawn as follows:

a) 30 million euros from Invesco S&P 500 ETF (with ISIN: IE00BRKWGL70).

b) 47 million euros from Nordea Global Stable Equity fund (with ISIN: LU0257969260).

c) 37 million euros from Schroder Sustainable Growth (with ISIN: LU2802595350).

d) 147 million euros from Nordea Stable Return (with ISIN: LU0539147214).

 

3. In the Intermediate Portfolio shall be invested as follows:

a) 16 million euros in JP Morgan Select Equity (with ISIN: LU2552654589).

b) 16 million euros in Schroder Global Equity Alpha (with ISIN: LU0248167297).

c) 4.4 million euros in Allianz Dynamic Multi-Asset (with ISIN: LU2093606593).

d) 6.5 million euros in Blackrock Global Allocation (with ISIN: LU1653088838).

e) 6.5 million euros in Schroder Global Balanced Fund (with ISIN: LU0776414590).

 

4. In the Intermediate Portfolio shall be withdrawn as follows:

a) 11.7 million euros from Nordea Global Stable Equity (with ISIN: LU0257969260).

b) 10.8 million euros from Schroder Sustainable Growth (with ISIN: LU2802595350).

c) 8 million euros from Nordea Stable Return (with ISIN: LU0539147214).