Our investment and results

In order to achieve the best possible returns, we spread investments. Over the last 10 years, the average return was 4,25%.

  • Investments with a low risk

    Notably, we make these investments in the Netherlands and Germany, but also in other European countries. They are primarily intended to manage the interest rate risk. The breakdown of this category (as a % of the total) is shown below:

    Matching portfolio end of June 2025

    Investment category ​Division ​Return
    Government bonds (Euro) ​27% -4.4%
    ​Corporate bonds (Euro) 10% 1.8%
    ​Mortgages   5% 0.8%
    Total  ​42% -7.9%
  • Investments with a higher risk

    We make these investments throughout the world. They are intended to provide excess return. In this way, we try to ensure that, as far as possible, our participants’ pensions remain inflation proof. The breakdown of this category (as a % of the total) is shown below:

    Return Portfolio end of June 2025

    Investment category ​Division Return 
    Equities 50%  2.5%
    Alternative real assets   8%  4.0%
    Alternative fixed-income securites   0%  0  %
    Total (incl. currency hedging) 58%  2.2%