ASHID PRIVATE PENSION PLAN (PPP)
Collective Investment Pension Scheme
Ashid Private Pension Scheme is an internationally established defined contribution accumulating fund model that undertakes long-term balanced growth investment strategy designed to improve the future financial security of employees by way of regular accumulation of funds into a voluntary collective pension scheme through payroll as well as defined contributions by the employer.
HOW DOES ASHID PPP FUND WORK?
The main advantage of Ashid PPP is that the plan is voluntary basis for the employees of the participating companies and those employees who elect to part-take in the scheme can invest above and beyond the defined contribution target amount depending on his/her personal investment capacity and appetite. Additionally the fund will allow continued investment in the event of change in employment by unitholder(s) or alternatively he/she can cash out in accordance with the fund’s governing documents and subject to conditions imposed the employer or the participating company.
Since the primary goal of a pension scheme is to provide cumulative nest-egg at retirement, it is long term in nature therefore investment strategy is defined balanced growth or medium risk when it comes to investment choices and instruments.
- The employee dedicates a certain percentage of his/her monthly salary into a personal custodian account for accumulation in lieu of authorized units in the fund.
- The employee will have the option to increase the minimum percentage amount dedicated i.e top-up investment which can be revised annually.
- Simultaneously, the employer will contribute to its employee’s personal account by depositing certain amount, usually a matching percentage or fixed amount depending on their internal policy regarding private pension scheme of its employees.
- Custodian bank will maintain segregated account for every person that is member of the pension scheme for safekeeping.
- Ashid Asset Management Company, as the especially licensed entity that is contracted under fiduciary agreement with the participating companies will manage the fund’s asset in accordance with the fund’s governing documents and investment mandate.
- The Board of Directors (BOD) will be appointed to the special purpose company which is the legal vehicle of the fund under Securities Law of Mongolia.
- The BOD’s primary remit is to govern the managers and advisors of the fund and to monitor its performance through fund’s adherence to its governing documents and implementation of policies and strategies.
- The BOD will comprise of employee elected non-executive directors
- The Custodian bank will ensure segregation of Fund’s asset from that of the Asset Management Company and provide accurate shareholding reports to unitholders in line with timely reconciliation of fund accounting i.e the net asset valuation.
- The Financial Regulatory Commission, in its regulatory body capacity will regulate relevant policies and procedures at the same time monitor AMC’s adherence to the rules of the law including that of investment activities of the fund.
- An employee will own his/ her personal savings including applicable returns made from fund’s investment and can expect it to be made available for withdrawal though redemption of units after certain period of time.
- This period of time is automatically considered elapsed if the employee reaches retirement age.
- In the event of premature resignation or loss of working capacity etc the employee will have set options available to him/ her in accordance with the provisions under which his/ her employer is participating in the fund including that of applicable adjustments to be made to the accumulated fund (employer contribution only) such as claw-back provisions due to termination of employment due to disciplinary action.
Жишиг хөрөнгө оруулалт
Ажилтан сар бүр 2 сая төгрөгний цалингийн дүнгээс өөрөө 5 хувь, ажил олгогч 5 хувийг 28 жилийн туршид хуримтлуулж эхэлбэл тэтгэвэрт гарахдаа бий болгож болох хуримтлалын тооцоолол
Хуримтлал ₮64.8 сая + Өгөөж ₮661 сая = Нийт хөрөнгө ₮726 сая
- Тогтвортой хүний нөөцийг цогцлоох
- Ажилчдын бүтээмж, ажлын хандлага нэмэгдэх
- Ажилтнуудынхаа гэр бүл, нийгмийн асуудлыг шийдэх
- Financial security
- Санхүүгийн хариуцлага, сахилга бат сайжрах
- Компаниа эзэмших, хөдөлмөрийн үр өгөөжөө давхар хүртэх боломж
- Өвлүүлэх хөрөнгө
Advantages of Ashid PPP
Dual Contribution
Flexible
Simple & Accessible
Good Governance
Investment Policy
Ashid Private Pension Plan (PPP) will put the interests of employees who are savings, manage assets at a professional level to ensure high risk-adjusted returns.
Зорилтот өгөөж 15%
Сангийн урт хугацааны зорилтот өгөөж “Бодлогын хүү + 3% ” байна.
Урт хугацааны өндөр өгөөж
Жишиг өгөөж тооцсон сангийн 20 жилийн хөрөнгө оруулалтын өгөөж 270% байна.
Жишиг хуримтлал
₮1.5 саяын цалинтай ажилтан ажил олгогчтойгоо сард 4% буюу 60,000₮ хуримтлуулвал 25 жилд нийт ₮18 сая бүрдэх боловч нийлмэл өгөөжийн үр дүнд ажилтан өөрийн дансанд ₮98 сая төгрөгийг бий болгоно.
Contact
+976 7766 1112
Investment Advisor
+976 9928 8369
