Investment Policy

As per Seychelles Pension Fund (SPF) Act, surplus funds must be invested to yield maximum returns to strengthen the financial position of the SPF. To ensure the best interest of its members and astute investments.

Investment Strategy

SPF administers the national pension of Seychelles. SPF has a Defined Benefits pension plan with a Pay-As-You-Go pension payment system, having 43,027 active members at the end of September 2018. SPF is also the largest institutional investor in Seychelles, equal to 15% of the Gross Domestic Product (GDP) as at year end 2017, with amount worth almost SCR 3 billion as at September 2018

Investment Portfolio by Sector 

As per Audited (March – 2018) Annual Report
  • Fisheries | 1%
  • Manufacturing | 9%
  • Financial | 32%
  • Banking | 7%
  • Insurance | 2%
  • Real Estate | Residential | 4%
  • Real Estate | Tourism | 1%
  • Real Estate | Commercial | 44%

Investment Liquidity

As per Audited (March – 2018) Annual Report
  • Non-Liquid Assets | Real Estate & Unlisted Equities | 57%
  • Liquid Assets | Cash at Bank, Government Securities & Listed Equities | 43%