The purpose of the investment activities of the Seafarers’ Pension Fund is to safeguard the payment of pensions to persons insured with the Fund, both now and in the future. Investment activities are governed by Chapters 16–18 of the Seafarers’ Pensions Act as well as by the Act on the Calculation of the Solvency Limit for Pension Institutions and the Diversification of Investments. The solvency capital of the Pension Fund and other factors affecting its solvency must be arranged in a manner that safeguards the benefits of the insured, taking into account the expected variation in returns and costs as well as other identifiable sources of uncertainty.

Investments are widely diversified across different asset classes and geographical regions. The overall risk level of the portfolio is therefore low relative to the very strong solvency position. This enables so-called countercyclical investing, meaning that portfolio weights can be restored to their strategic level if significant changes occur in the value of investments. The strongest price movements typically occur in listed equities, where this source of additional return is therefore the most significant.

In all our investments we pay attention to sustainability and monitor it, among other things, through the portfolio’s ESG rating, carbon emissions and the energy consumption data of real estate assets. We set annual targets to make the portfolio increasingly sustainable, and our objective is to achieve a carbon-neutral footprint for our real assets by 2030.