[Alpha Biz=(Chicago) Reporter Paul Lee] The National Pension Service recorded a provisional rate of return of 9.88% from the beginning of last year to November. The total fund size was also found to be close to 1,000 trillion won.

According to the National Pension Service's fund management headquarters on the 29th, the return on assets (based on the amount-weighted return) was 16.50% for domestic stocks, 17.76% for overseas stocks, 4.76% for domestic bonds, 5.71% for overseas bonds and 4.90% for alternative investments.

However, most of the return on alternative investment assets is based on interest, dividend income, and foreign currency conversion profit due to the rise in the won-dollar exchange rate. Since the National Pension Service evaluates fair value once a year as of the end of the year, fair value evaluation is not reflected in the annual return.

Domestic and foreign stocks posted good returns on expectations of easing tightening and risk preferences stemming from strong individual corporate earnings. During the same period, the KOSPI rose 13.36 percent from the beginning of the year, while the global stock market (MSCI ACWI ex-Korea) rose 16.60 percent from the beginning of the year.

In addition, as of the end of November last year, the fund's valuation was estimated at about 999.2,420 trillion won. The proportion of assets was domestic bonds (31.8%), overseas stocks (30.4%), alternative investments (16.2%), domestic stocks (14.1%), and overseas bonds (7.1%).

 

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