AFP Modelo
3 collected articles · Economy · the latest at 17:03
The minister of Economy and Mining attributes the plunge in the most conservative fund to earlier decisions and says they have already been corrected.
Chronology
Thursday, October 15, 2026
- AFP Fund E falls 10.39% in real terms in 2026, with Modelo posting the largest lossAll seven AFPs are in the red in the most conservative fund, and Superintendent Joaquín Cortez expressed concern about the results.
- All seven pension fund administrators lost almost the same amount in Fund E after making the same betExperts attribute all administrators’ use of derivatives tied to U.S. interest rates, with nearly identical results, to the “herd effect.”
- Pension funds’ Fund E falls 10.39% in real terms in 2026 as Mas blames previous governmentThe minister of Economy and Mining attributes the plunge in the most conservative fund to earlier decisions and says they have already been corrected.
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