CHILE - Chilean pension funds reached $153bn in assets in June, up 11% from the previous year, according to data released by the pension regulator.
Chilean funds are divided into five categories with Fund A being the riskiest and Fund E the least risky.
In the year ended 30 June, Fund A was up 10.38% while Fund E was up 3.07%, said the Superintendencia de Pensiones.
However, for the month of June alone, all funds were in negative territory with losses ranging from 1.38% for Fund A to 0.63% for Fund D. Fund E, was down 1.11% for the month. In all cases, the funds suffered from a drop in international and domestic stock and bond markets.
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