“As of July 31, 2024, the assets of Georgia’s Pension Agency have surpassed GEL 5.3 billion, with total generated profit reaching GEL 1.2 billion,” - the Pension Agency of Georgia reported.

Over the past year, since the introduction of three distinct portfolios (dynamic, balanced, and conservative), the dynamic portfolio has shown the best performance.

From August 6, 2023, to July 31, 2024, the dynamic portfolio achieved real growth of 12.6%, while the balanced and conservative portfolios recorded real returns of 11.5% and 9.9%, respectively.

The primary difference between these portfolios lies in their allocation to global stocks, with the dynamic portfolio holding 52% in stocks, the balanced portfolio 32%, and the conservative portfolio 18%.

The pension scheme now includes 1.539 million participants. Additionally, as of the end of July 2024, 11,858 individuals have received benefits from the accumulated pension, with a total of GEL 42.3 million paid out.