8 July 2010
Milan Kovac, new DUNAV Pensions managing director
Milan Kovac, BA in Economics and portfolio manager, has become a managing director of DUNAV voluntary pension fund management company. Previous managing director, Ms Mirjana Grbovic, with her rich experience and expertise, will continue to contribute to comapny’s development as strategic development advisor.
Prior to this engagement, Mr. Kovac worked for 3 years in Ilirika investment fund management company on the managing director and member of management board positions.
DUNAV VPF has a leading market position managing the largest voluntary pension fund with over 80.000 memebers and AUM of RSD3,5 billion, i.e. 41% market share. Total of 12 monthly pensions and 15.263 lump-sum payments have been paid out ammounting to € 4,9 million. The company employs 43 professionals in 9 branches throughout the country.
8 July 2010
Rate of yield
Yield rate for the past 12 months (1 July 2009 - 30 June 2010) is 11,76% and from the start of business operations (2 April 2007 - 30 June 2010) is 4,51%.
14 June 2010
New custody bank account number
From 15 July 2010, a new account number will be active in custody bank – Societe Generale Bank Serbia. All payments made on the old custody bank account after designated date will not be registered.
New custody bank account number: 275000022003389929
8 April 2010
Rate of yield
Yield rate for the past 12 months (1 April 2009 - 31 March 2010) is 14,63% and from the start of business operations (2 April 2007 - 31 March 2010) is 4,04%.
29 March 2010
Change of the address
From 1 April 2010, DUNAV VPFMC head office and Belgrade branch office will be places in Trg Republike 5.
Other contacts:
Head office - 011 3036 410, 3036 420, headoffice@dunavpenzije.com.
Belgrade branch office - 011 3036 360, 3036 361, office.beograd@dunavpenzije.com
28 January 2010
Tax exempt ammount of pension contribution increased to RSD 3,894
From 1 February 2010, tax exempt ammount of pension contribution is RSD 3,894.
12 January 2010
Rate of yield
Yield rate for the past 12 months (1 January 2009 - 31 December 2009) is 15,84% and from the start of business operations (2 April 2007 - 31 December 2009) is 3,55%.
5 January 2010
New billion in 2009
DUNAV voluntary pension fund net asset value has increased for over a billion RSD in 2009 as well,
amounting to RSD 3.011.155.758,05 . At year end, DUNAV fund had close to 82.000 members and regularly pays out 10 private pensions.
7 October 2009
Rate of yield
Yield rate for the past 12 months (1 October 2008 - 30 September 2009) is 17,56% and from the start of business operations (2 April 2007 - 30 September 2009) is 3,52%.
3 August 2009
Call centre - further works on system reinstallation
Due to prolonged system reinstallation, call centre will be in full operation on Wednesday, 5 August 2009. Thank you for your understanding.
30 July 2009
Call centre - system reinstallation
Due to system reinstallation, call centre will not be reachable. In the meantime, please dial 011/3036 410. Thank you for your understanding.
20 July 2009
AUM exceed 2.5 billion
As at 17 July 2009, AUM of DUNAV VPF amount to RSD 2,502,672,508.75. This is the RSD 500 million AUM increase since the beginning of 2009.
6 July 2009
Rate of yield
Yield rate for the past 12 months (1 July 2008 - 30 June 2009) is 3,45% and from the start of business operations (2 April 2007 - 30 June 2009) is 1,38%.
8 April 2009
Rate of yield
Yield rate for the past 12 months (1 April 2008 - 31 March 2009) is -0,78% and from the start of business operations (2 April 2007 - 31 March 2009) is -0,93%.
11 January 2009
Rate of yield
Yield rate for the past 12 months (3 January 2008 – 31 December 2008) is -5,83% and from the start of business operations (2 April 2007 – 31 December 2008) is -2,87%.
6 January 2009
Entering 2009 with RSD 2 billion
DUNAV voluntary pension fund net asset value has reached RSD 2 billion and
amounting to RSD 2.006.862.937,96 . At year end, DUNAV had 89.000 members and has been paying out 11 private pensions.
10 October 2008
Rate of yield
Yield rate for the past 12 months (1 October 2007 – 30 September 2008) is -9,59% and from the start of business operations (2 Apr 2007 – 30 September 2008) is -4,71%.
3 July 2008
Rate of yield
Yield rate for the past 12 months (2 July 2007 – 30 June 2008) is 1.44% and from the start of business operations (2 Apr 2007 – 30 June 2008) is 0.14%.
6 April 2008
Rate of yield
Yield rate for the past 12 months and from the start of business operations (2 Apr 2007 – 31 Mar 2008) is -0,78%.
1 April 2008
Investment unit value publishing in Politika
As of today, the investment unit value of DUNAV VPF will be published in daily newspaper Politika.
25 December 2007
Telekom Serbia employees new DUNAV VPF members
DUNAV Voluntary Pension Fund Management Company has signed the Pension Scheme Contract with Telekom Serbia, hence nearly 10.000 Telekom employees have become DUNAV VPF members.
Total number of DUNAV VPF is 89.700 with AUM of € 17.6 mio.
14 November 2007
Mailing list cansellation
Due to a spam-like treatment of the investment unit value mailing to subscribed users, we are forced to stop this service.
Herewith we remind you that the investment unit value is also published on DUNAV VPF web site and daily newspaper BLIC.
27 September 2007
DJOKO new DUNAV VPF member
Novak Djokovic, Serbia’s best tennis player, has become member of DUNAV Voluntary Pension Fund today. During the Danube cruise, he has explained to the media that, though very young, he already thinks about his future. He has added that sport professionals retire early and invited all young people to show proactive attitude towards their future and join the pension fund.
27 August 2007
DUNAV Fund remains the largest
National Bank of Serbia has published Q2 2007 Report on voluntary pension funds. As stated in the Report, DUNAV Fund holds 51,66% in total net AUM of 6 active funds and 36,69% in total amount of contribution payments. As for number of contract, DUNAV Company has concluded 65.167 out of 129.719.
13 July 2007
Group of voluntary pension fund management companies formed
Serbian Chamber of Commerce Banking and Insurance Committee has formed a Group of voluntary pension fund management companies.
Mirjana Grbovic, DUNAV VPF management company director, has been elected president and Natasa Marjanovic, DELTA GENERALI VPF management company director, vice president.
The Group consists of 7 members and has been formed in order to improve pension funds management industry, formulate and represent common interests and start initiatives.
11 July 2007
Minimum pension contribution – 1.055 RSD
Minimum pension contribution for the July – December 2007 period is 1.055 RSD.
The contribution equals to 7% of the minimum gross wage in the Republic and is changed twice a year, every January and July.
9 July 2007
Investment unit value publishing
Due to the National Bank of Serbia Decision number 61 which changes the timing of investment unit calculation, the value of investment unit as of July 9, 2007 will be published on the internet presentation tomorrow and in the daily newspaper Blic on Wednesday, July 11.
Pension contributions paid until 12pm each working day are converted into investment units according to the investment unit value as of that day.
31 May 2007
DUNAV - first choice pension fund for majority of PTT Serbia employees
Majority of PTT Serbia employees, as much as 5.146, has chosen Dunav for their voluntary pension fund.
PTT Serbia will be paying monthly pension contributions to the fund at the amount of RSD 3,000 per employee.
The total number of Dunav VPF members has increased to more than 63.000 which, along with the AUM of EUR 13 mio, 62 employees and widespread sales network, makes it the largest voluntary pension fund in Serbia.
26 April 2007
Investment unit value as of 25 April 2007
Societe General Yugoslav Bank - Company´s custody bank cleared away software technical problem yesterday, therefore the investment unit value as of 25 April 2007 is 1,014.23 RSD.
25 April 2007
Investment unit value daily publishing
Due to a software problem that Company´s custody bank – Societe Generarale Yugoslav Bank is currently facing, the Company is not in the position to publish the investment unit value as of today, either on the internet or in the daily newspaper Blic tomorrow.
Castody bank controls and confirms the investment unit value calculated by the Company. Since the bank is unable to give the confirmation nedeed, the Company would, in the event of the investment unit publishing with no prior confirmation, act against the regulations.
We apologize to our members and all interested parties for the inconviniences they may face today.
15 March 2007
Dunav VPF management company press conference
The first Dunav VPF management company press conference was held on 15 March.
Mr. Mirko Petrovic, Dunav Insurance Company Managing Director
Mr. Bosko Zivkovic, Dunav VPF Management Company, President of the Management Board and
Mrs. Mirjana Grbovic, Dunav VPF Management Company Managing Director
addressed the press explaining the reasons for VPF mangement company establisment and pension funds· influence on the financial market along with the Company and the Fund presentation and business results so far.
9 March 2007
Dunav voluntary pension fund licence granted
On 8 March, The National Bank of Serbia issued an operating licence and licence for voluntary pension fund management to Dunav VPF management company.
