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Global Equity

The NPS invests in a range of equities in the global market, especially listed equities, as part of its investment diversification strategy. Investments in overseas equities are made both internally within its investment universe and through external managers in line with its portfolio management strategy for each sub-asset class.

Overview

(in trillion won, as of the end of Q1 in 2022)

Asset Value Of the Overseas Equities 250.2, Weight in the Total Fund 26.9%, In-house Management Portion of the Overeas Equities 39.4%

Overview (Unit: KRW in Trillion)
year In-house Total
2017 37.1 108.3
2018 40.5 113.0
2019 64.1 166.5
2020 73.4 192.8
2021 101.1 256.6
2022.1Q 98.6 250.2
Note:
1. Until a fund management assessment is completed, preliminary estimates are provided.
2. The figures above might not add up due to rounding.

Sector/Geography Composition

(As of the end of 2020)
Overseas Equities Portfolio Breakdown Sector Diagram - IT 21.1%, Cons. Discretionary 14.4%, Financials 13.1%, Health Care 12.4%, Telecom 9.2%, Industrials 9.0%, Cons. Staples, Commodities, Energy, Utility, Real Estate, etc. 20.9%, Geography is North America 60.9% , Europe 18.2%, Asia Pacific 12.4%, Japan 5.6%, Others 1.2%, Latin America 1.1%, Africa/Middle East 0.7%
Note: Data on assets by sector, industry, issuer or type as of the end of the fiscal year is disclosed in the third quarter of the following year according to Article 25 of the Guideline for National Pension Fund Management and Article 39 of the Regulation on National Pension Fund Management.Fund Management and Article 39 of the Regulation on National Pension Fund Management.

Top 10 Holdings

(in 100 million won, as of the end of 2020)
Overseas Equities Top 10 list
No. Company Amount Weight Holding
1 APPLE INC 50,237.39 2.61% 0.20%
2 MICROSOFT CORP 43,004.50 2.23% 0.24%
3 AMAZON.COM INC 38,917.92 2.02% 0.22%
4 FACEBOOK INC CLASS A 24,096.60 1.25% 0.34%
5 TESLA INC 22,223.83 1.15% 0.31%
6 ALPHABET INC CL C 21,603.63 1.12% 0.34%
7 ALPHABET INC CL A 18,555.28 0.96% 0.32%
8 TENCENT HOLDINGS LTD 18,449.22 0.96% 0.24%
9 TAIWAN SEMICONDUCTOR SP ADR 15,604.99 0.81% 0.25%
10 ALIBABA GROUP HOLDING SP ADR 15,587.03 0.81% 0.23%
Note: Data on assets by sector, industry, issuer or type as of the end of the fiscal year is disclosed in the third quarter of the following year according to Article 25 of the Guideline for National Pension Fund Management and Article 39 of the Regulation on National Pension Fund Management.