A system of capitalisation

CPIC operates according to a system of capitalisation. Having deducted its expenses, it then automatically passes on to the beneficiaries the entirety of the returns on its investments. These are governed by regulations which come close in spirit to the statutory investment limits applicable to Swiss pension funds.

CPIC’s assets are managed by bank teams with an impeccable record as wealth managers, on the basis of two portfolios or segments:

the “growth” segment, the aim of which is a long-term yield

the “conservative” segment, open to all beneficiaries aged 55 and above whose investment aim is to preserve the value of their retirement capital

CPIC’s investments are evaluated monthly at market value and expressed in the form of the value of a CPIC share, namely an A share, B share or C share.

Both portfolios are managed in euros and are denominated in euros and Swiss francs (with currency risk hedging). At the beneficiaries’ request, some or all of the capital may be held in Swiss francs.

The difference in performance between the euro-denominated portfolio and the euro-denominated portfolio expressed in Swiss francs is due to the cost of implementing currency hedging for the Swiss franc share (the interest rate differential between the two currencies).

Responsible investment

Makeup of our retirement capital