Composition of investments as at 31 December 2025
Based on the investment strategy adopted by the Foundation Counsil and the specified ranges, comPlan invested 34% of its assets in nominal assets such as government and corporate bonds and loans to companies as of December 31, 2025. Nominal assets with high credit ratings and correspondingly low returns are considered comparatively safe investments, as defaults are rare. They form a stabilizing component of the overall strategy to balance the higher fluctuations in equities (38%) and real assets (28%). Equities and real assets are necessary to enable comPlan to achieve the returns required to finance the promised pension benefits in the long term.
As the pension fund's liabilities are denominated in Swiss francs, a significant portion of the currency risks associated with investments in foreign currencies are systematically hedged back to Swiss francs. Investments in foreign currencies amount to 61.9% of the portfolio. After currency hedging, an unhedged foreign currency position of around 16% remains.