Regulatory Alerts2006-04-17
Decision on the Manner of Calculating the Return of a Voluntary Pension Fund
The Governor of the National Bank of Serbia issued this decision to prescribe the standardized methods for calculating the rate of return for voluntary pension funds. The regulation mandates specific formulas for determining returns over twelve-month, five-year, and operational lifespans based on investment unit values. It further requires that returns be calculated separately for each fund, prohibits the publication of average returns across multiple funds, and specifies rounding rules for reporting and advertising.
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