January 2019, +55 million euro return on investments
Pristina, 7 February 2019 – Kosovo Pension Savings Trust (KPST) would like to inform that the gross return on investments for the month of January 2019 has reached to EUR +55 million, or an increase by +3.2% of unit price .
KPST’s positive performance was determined by the investments in global financial markets outside Kosovo, where key indices grew sharply as trade tensions between the U.S.A and China were down, while macroeconomic indicators and corporate incomes were generally positive.
This highly positive turnover for January 2019, which followed the sharp decline of December 2018, illustrates the fact that short-term fluctuations (ups and downs) in the financial markets are common, as we have continuously stated, and should therefore be considered and reported as such, i.e. a cyclic process.
KPST is doing this unusual monthly report with the purpose of showing that there is no room for insecurity among contribute-payers. Furthermore, KPST remains in its investment strategy that aims long-term positive return – illustrated during 2018 as well, when the pension accounts had an average of 26% return on investment – always engaged in searching for protection alternatives even against short-term fluctuations.