"DYNASTY" RECOGNISED AS THE BEST OPEN PENSION FUND IN UKRAINE

The Non-Governmental Pension Fund “Dynasty” under the management of ICU, has won the category of Best Open Pension Fund under the Innovation & Excellence Awards 2020 from the internationally renowned financial publication Corporate LiveWire.

Winners were selected by interviewing more than 90,000 representatives of the business and corporate sectors, journalists and Corporate LiveWire subscribers. The winners were evaluated based on factors such as service, innovation, experience, sustainability and other areas.

“This award is a testament to the hard work of the team at ICU and we are incredibly proud of the recognition as we have worked hard to develop “Dynasty” as a modern European pension fund. Despite the risk averse, reliable and conservative investment strategy, we aim to provide our clients with one of the best returns on the Ukrainian pension fund market. We are actively also working on digitalizing our services: our clients have access to a personal online account 24/7, we work with such financial online services as Privat24, Portmone and Monobank to make it convenient for customers to top up their retirement accounts in their pension funds,” said Grigoriy Ovcharenko, Head of Asset Management at ICU.

Based on FY19 results, Dynasty was the second most profitable open pension fund in Ukraine, bringing its members annual return of 19.04%, while the annual inflation rate in Ukraine was 4.1%. The fund's profitability for the last 365 days (as of June 30) is 20.26%, which remains one of the best indicators of profitability on the Ukrainian private pension funds market.

Dynasty was registered on June 1, 2006. The fund now has over 40,000 members. The cost of the net assets of Dynasty exceeds 89 million UAH. The fund is part of the ICU financial group.