养老星球 | 个人养老金三周年：23只养老目标基金Y份额近三年收益超10%

Core Insights - The personal pension system has been implemented in 36 pilot cities since November 25, 2022, and has seen significant growth in the number of pension target funds and their performance over the past three years [1] Group 1: Performance of Pension Target Funds - Among the 43 pension target funds with nearly three years of performance data, 23 funds have achieved returns exceeding 10%, with one fund surpassing 20% [1] - The top-performing fund, Penghua Pension 2045, has a total return of 28.1%, while the second-best, Bosera Yize Balanced Pension, has a return of 18.16% [2] - A total of 17 funds have returns between 0% and 10%, with most clustered around 7% to 10%, indicating a relatively modest performance range for this group [3] Group 2: Fund Scale and Growth - The cumulative scale of pension target funds has grown significantly, reaching approximately 128.17 billion yuan as of the third quarter of 2025, despite initial low scales in previous years [9] - In 2022, only 20.06 million yuan was accumulated across 133 pension target funds, while 2023 saw a slight increase to 0.12 million yuan from 47 new funds [8] - The number of pension target funds established has reached 216 over the past three years, with 210 currently in existence [9] Group 3: Fund Liquidations - A total of 6 pension target funds have been liquidated in the past three years, with several occurring in 2024 and 2025 [10][11] - Notable liquidations include funds like Penghua Changle Stable Pension and others, indicating challenges in maintaining fund viability [10] Group 4: Index Funds Performance - There are 95 index funds under the personal pension scheme, with 91 established before September 30, 2025, and a cumulative scale of approximately 23 billion yuan [12][13] - Only 5 of these index funds have scales exceeding 1 billion yuan, highlighting a concentration of assets in a few funds [14]