Quarterly updates

Q2 2025

ING CDC Pensioenfonds is providing accountability for its policies and investment results. After all, they could have an impact on your pension.

You’ll find the Q2 2025 quarterly update on this page.

Higher funding ratio

What you need to know
  • current funding ratio rose from 132.4% to 140.6%
  • policy funding ratio rose from 129.3% to 129.4%
  • what has the biggest impact on the funding ratio?

Interest rates continue to rise

What you need to know
  • interest rates rose from 2.42% to 2.76%

  • what is the impact of interest rates?

  • what role do government deficits play?

Positive returns in the second quarter

What you need to know
  • the total return is 2.1%

  • what role do currency fluctuations play?

  • how does your fund hedge the risk?

Trade tariffs and geopolitical tensions

What you need to know
  • how are the stock markets reacting?

  • what impact is the ‘One Beautiful Big Bill’ having?

  • why are long-term interest rates rising?

This quarterly report has been carefully prepared. The final figures for 2025 will be published in the anual report. You cannot derive any rights from this report.