The actual asset allocation will vary within the limits set by the board, as there is an ongoing adjustment of investments in response to developments in financial markets and expectations for future economic trends.
Asset allocation
The board of PensionDanmark establishes once a year the overarching frameworks and guidelines for investments, including the baseline for the asset allocation and risk profile of the age-based pools.
Asset Allocation as of December 31, 2024
| Assets (in percentage) | Members under the age of 46 | Members at the age of 55 | Members at the age of 60 | Members at the age of 67 |
|---|---|---|---|---|
| Listed Equities | 54,6 | 48,2 | 36,9 | 21,1 |
| Private Equity | 11,2 | 9,9 | 7,8 | 4,9 |
| Equities in total | 65,8 | 58,0 | 44,7 | 25,9 |
| Corporate bonds and loans | 7,2 | 10,2 | 12,2 | 15,0 |
| Credit Funds | 2,8 | 2,9 | 2,9 | 2,9 |
| Emerging Markets Bonds | 4,0 | 5,0 | 4,8 | 4,6 |
| Credit Bonds in total | 14,1 | 18,1 | 19,9 | 22,5 |
| Infrastructure | 6,4 | 7,8 | 9,1 | 10,9 |
| Real Estate | 7,9 | 9,9 | 10,4 | 11,1 |
| Infrastructure and Real estate in total | 14,3 | 17,7 | 19,5 | 22,0 |
| Danish index-linked bonds | 1,5 | 1,5 | 1,6 | 1,6 |
| Danish government and mortgage bonds as well as Investment Grade and loans, etc. | 4,2 | 4,7 | 14,4 | 27,9 |
| Investment Grade and loans in total | 5,8 | 6,2 | 15,9 | 29,5 |
| Total | 100 | 100 | 100 | 100 |