Ævileið I is well suited for persons who will be investing their personal pension savings for a longer period, and is intended for fund members younger than 55 years of age. Of the three options offered, the share of equities and foreign securities is highest in Ævileið I. Its investment strategy is to have half of the portfolio invested in equities and the other half in bonds. The objective is to have the portfolio deliver a good long-term return with an effective diversification of assets.

Ævilína option, automatic transfer between portfolios with increasing age

Members are offered automatic transfers between the investment options as they grow older. Assets are transferred at the following age limits:

• Members younger than 55 years of age: Ævileið I.
• Members older than 54 years of age: Ævileið II.
• Ævileið III option: Once withdrawals begin.

If a fund member has not chosen automatic transfer between investment options, however, it is possible to do so later.