Shine Trader Live reports:
On September 14, the National Council of social security funds released the investment report card of basic endowment insurance fund in 2020. In 2020, the return on equity investment of the basic endowment insurance fund was 113.577 billion yuan, with an investment return of 10.95%, higher than last year’s 9.03% level and far higher than the average annual investment return since the entrusted operation.
Perplexing the novel coronavirus pneumonia, the social security fund will adhere to the concept of long-term investment, value investment and responsible investment, and invest in its operation and management in accordance with the prudent investment, safety first, risk control and revenue increase policy to ensure the safety of the fund and maintain its value. “The social security fund official said in 2020 that the situation faced with complicated domestic and international situations, especially the sudden outbreak of the new crown pneumonia,” The social security fund gives full play to the “stabilizer” role of long-term funds in the domestic securities market and strives to improve the return on investment while preventing market risks.
Pension investment scale exceeds trillion
The return on investment reached 10.95%
On September 14, the National Council of social security funds issued the annual report on entrusted operation of basic old-age insurance fund in 2020. In 2020, the return on equity investment of basic old-age insurance fund was 113.577 billion yuan, with an investment return rate of 10.95%, including 85.327 billion yuan of realized return (8.50%) and 28.250 billion yuan of changes in the fair value of trading assets.
According to the relevant person in charge of the social security fund, since the entrusted operation of the basic old-age insurance fund in December 2016, the cumulative investment income of the basic old-age insurance fund has been 19.646 billion yuan, with an average annual return on investment of 6.89%.
By the end of 2020, the total assets of the basic endowment insurance fund were 1395.085 billion yuan, the total liabilities were 150.627 billion yuan (mainly the short-term liabilities formed in the investment and operation of the basic endowment insurance fund), and the total equity was 1244.458 billion yuan, of which the direct investment was 470.006 billion yuan, accounting for 37.77%; The entrusted investment was 774.452 billion yuan, accounting for 62.23%.
By the end of 2020, the total equity of basic endowment insurance funds was 1244.458 billion yuan, including 1231.205 billion yuan of entrusted provincial basic endowment insurance fund equity (including 1045.793 billion yuan of entrusted provincial principal, 183.426 billion yuan of bookkeeping income and 1.986 billion yuan of risk reserve); The fund reserve is 19 million yuan (mainly the floating profit and loss of available for sale financial assets); The entrusted management of basic endowment insurance fund and risk fund was 13.234 billion yuan.
According to the income statement of the basic endowment insurance fund released by the social security fund, the income from the price difference of pension fund securities in 2020 increased significantly compared with that in 2019, reaching 45.104 billion yuan in 2020 and 12.966 billion yuan in 2019, an increase of 32.138 billion yuan. Interest income and dividend income also increased significantly, including interest income increased by 9.702 billion yuan and dividend income increased by 1.181 billion yuan compared with 2019.
Novel coronavirus pneumonia chief said that in 2020, faced with perplexing domestic and international situations, especially the sudden outbreak of new crown pneumonia, the social security fund paid close attention to the impact and impact of the impact of the epidemic and capital market fluctuations, and strengthened the tracking and monitoring of stock market and debt market, and enhanced predictability and initiative. Research and formulate scientific and stable asset allocation plans and investment strategies, accurately grasp the market rhythm, timely carry out flexible dynamic allocation, and effectively improve the risk and return of assets.
At the same time, in the face of the impact of the epidemic, the social security fund maintains its strategic concentration, gives full play to the “stabilizer” role of long-term funds in the domestic securities market, and strives to improve the return on investment while preventing market risks. We will improve the layout of fixed income products and strengthen the credit risk management of bank deposits. Combined with the characteristics of pension funds, strive to innovate investment methods, enrich the product system, and increase the investment in the entrusted portfolio of enhanced income bonds. Strengthen the hierarchical liquidity management of funds, and improve the efficiency and income level of funds.
The amount of entrusted pension investment reached 1.09 trillion yuan
According to the annual report on the entrusted operation of the basic endowment insurance fund in 2020 released by the social security fund, at the end of 2020, the entrusted provincial basic endowment insurance fund equity was 123.205 billion yuan, including the entrusted provincial principal of 104.5793 billion yuan, bookkeeping income of 183.426 billion yuan and risk reserve of 1.986 billion yuan.
Recently, according to the data released by the Ministry of human resources and social security, by the end of June, all provinces had started the entrusted investment of basic endowment insurance fund in 2021, with the entrusted capital scale of 1.25 trillion yuan and the amount received of 1.09 trillion yuan.
The basic old-age insurance fund is part of the balance fund of basic old-age insurance and its investment income entrusted by the people’s governments of all provinces (autonomous regions and municipalities directly under the central government) to the social security foundation in accordance with the measures for the administration of investment of basic old-age insurance fund issued and implemented by the State Council on August 17, 2015.
According to the measures for the investment management of basic old-age insurance funds and the entrusted investment management contract signed between the social security foundation and the people’s Government of each entrusted province (autonomous region or municipality directly under the central government), the social security foundation implements independent management, centralized operation and independent accounting for the entrusted basic old-age insurance funds.
The relevant person in charge of the social security fund said that the social security fund adopts a combination of direct investment and entrusted investment to carry out investment operation. Direct investment is directly managed and operated by the social security foundation, mainly including bank deposits and equity investment. The entrusted investment is managed and operated by the investment manager entrusted by the social security foundation, mainly including domestic stocks, bonds, pension products, listed and circulating securities investment funds, as well as stock index futures and treasury bond futures. The entrusted investment assets are managed by the custodian selected by the social security foundation.