Dear visitor,

We thank you for choosing Trusti’s web site to spend part of your time.

Kosovo Pension Savings Trust (Trusti) has been established in 2002 to administer and manage mandatory (and voluntary) pension contributions of Kosova’s employees.

Pension contributions saved by Kosova’s citizens during their employment, are kept in individual accounts of contributors. Administering these individual accounts is a legal responsibility of Trusti, while savings remain a property of account holders. Although a private property, the mandate of these savings is specific – they are to be used only for retirement.

While with us, pension assets are invested, according to prudent investment principles set by law. The investments are made in order to increase the value of participants’ accounts, on the long run, in order to provide the best possible pension on their retirement. Trusti investments are done in different asset classes, markets and industries, to reduce the possible investment risk.

Our web site is a full ‘virtual’ presentation of what we do. Here you will find the answers to all the questions about Trusti and our asset management. If, however, your question has not been answered, please contact us.

Sincerely,

Management of the Trust

Trustorja

Prishtina, 16th of July, 2010 - Trustorja is the quarterly newsletter of the Trust. The second quarter newsletter of 2010 you can read it here.

Trusti gets 11,5 million Euros return in July 

Prishtina, 17th of July, 2010 - Kosovo Pension Saving Trust (Trusti) received official reports from the financial managers for the July 2010. Based on these reports Trusti had a very good investment performance for this month with a 2.74 percent raise in the share value. In financial terms it was 11.5 million Euro return from the investments before management fee deduction.

This positive return boosted Trusti’s share price from around 0.95 to 0.98 Euros, comparing with the end of June. Although, the positive return from the investments affected the total value of contributes managed by Trusti, rising up to 427 million Euros. 

The Trusti’s raise return from the investments in financial markets through asset managers has been directly related with the improvements in the share and other financial markets. The reasons for this improvement were: debt reduction risk in some of endangered EU countries, which regain the confidence in Euro; German exports boom pushed economic recovery of the EU. On the other hand, in the USA, even not in the predicted levels, the numbers of employees rise up and the BP closed the oil spill in the Gulf of Mexico.

Anyway, even the financial markets don’t have yet a sustain stability; the volatility in the first half of 2010 was calmer than in 2008 and 2009.
 

KPST Board invests additional €59 million

The Governing Board in its last meeting decided to invest additional €59 million through the existing asset managers. The Board decided, according to the Investment Principles approved by the Board on its last meeting, to invest another €10 million in the equity market, in indexed fund managed by Vanguard. This decision has been reached after the growing stability of global capital markets and after the satisfying performance of KPST investments during the first quarter of 2010.

Video Materials

In this link you can watch video materials produced by the Trust that are used to further inform the contributor on the Trust and the pension system.