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Chile's Fund E loses 9.38% in real terms while Peru's riskiest fund gains 25.99%
Experts attribute the gap between the two countries' pension fund administrators to different investment rules and strategies, rather than one model being better than the other.
AFP Fund D loses 6.38% in real terms in 2026 and has a high concentration of members nearing retirement
Four in ten Fund D members are over 60, and all AFP pension fund managers recorded losses in that fund between January and September.