Fund Type
Balanced pension fund
Investment Objective
To balance long-term return growth with the preservation of asset value in the pension account.
Asset Allocation
Invest a minimum of 50% of the Fund’s total asset value in Government bonds, including Government bond exposure through securities investment fund certificates.
Invest a maximum of 50% of the Fund’s total asset value in securities investment fund certificates other than bond fund certificates, such as equity fund certificates, balanced fund certificates, and others.
Benefits
For Employers
- Deductible expense for Corporate Income Tax purposes, up to VND 5 million per employee per month;
- Flexibility in designing contribution levels and contribution periods;
- Savings on social insurance and health insurance costs;
- A human resources policy tool to attract and retain employees.
For Employees
- Personal Income Tax deduction, up to VND 3 million per employee per month;
- Attractive investment returns through investment in financial assets and the power of compounding;
- Fully entitled to accumulated assets, including contributions and investment returns;
- Flexible withdrawals, in full or in part, tax-free;
- Mitigated risks as at least 50% of the Fund’s assets are invested in Government bonds, while the remaining 50% is diversified across various open-ended funds;
- Assets are supervised by the supervisory bank and the Ministry of Finance;
- Contributions can continue even after changing jobs.
