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Where does the Tuleva Additional Investment Fund invest?
The Tuleva Additional Investment Fund invests 100% of its assets in global stock markets, just like our Pillar II and III equity funds. When you invest in the Additional Investment Fund, you aren’t just buying fund units – you are gaining a stake in the world’s largest companies. Which companies do you own through the fund?…
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Why use an Investment Account for the Additional Investment Fund?
In the Tuleva Additional Investment Fund, you can grow your portfolio using the Estonian Investment Account system (investeerimiskonto). We’ll break down exactly who it’s for, why it’s beneficial, and how the technical side works. Who is the Investment Account for and why is it useful? When you earn a profit from investing, you must pay…
How do we use membership fees?
Membership fees are used to develop the Association and to represent the interests of members. The fees of our first members were used to raise the fund’s initial capital, introduce Tuleva to the general public, and make preparations to start the fund, including application for an activity license from the Financial Inspectorate. From this point forward, membership fees will be used for the following activities:
- Membership community management and communication
- Development of Tuleva’s web page, blog, and other informational channels
- The creation of proposals and influence analysis to improve the Estonian pension system, in cooperation with the Ministry of Finance and other state organizations
- Development of Tuleva’s IT systems
- Preparation and analysis of voluntary savings products and Third Pillar options