Net assets at year-end 2023
1,405,195
ISK million
Nominal rate of return 2023
9.2%
Real rate of return 2023
1.0%
5-year real rate of return
4.0%
average per year
The largest pension fund in Iceland with rapid growth
LSR is the largest pension fund in Iceland in terms of assets and has grown rapidly in recent years. The fund's experienced asset management team evaluates investment options taking into account investment policies, ownership policies and sustainability policies, and has delivered rich returns to fund members in the long term.
Net assets for pension payment
5-year average net actual return
A well-diversified asset portfolio
LSR emphasises that the fund's asset portfolio is well spread out across diverse asset categories, which limits risk in accordance with investment policies. The return potential and feasibility of investment options are always assessed in relation to their risk, as well as the environmental, social and governance aspects of each investment option.
Different investment needs for different divisions
LSR operates two mutual insurance divisions and a private pension division, which is divided into four separate plans. There are a total of six portfolios and each of them has its own characteristics. More information can be found on the pages of each portfolio.