News
Return On Investment - Calendar Year 2024
July 25, 2025
Circular 2025 No. 02
TO : ALL PARTICIPATING INSTITUTIONS
SUBJECT : RETURN ON INVESTMENT (ROI)
Calendar Year January 1 – December 31, 2024
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We are pleased to share that the Private Education Retirement Annuity Association (PERAA) closed Calendar Year 2024 on a highly successful note with the Board of Trustees declaring a Return on Investment (ROI) of 6.08%; outperforming the Philippines Stock Exchange Index (PSEi) for 2024 of 1.22% and that of a 5-yr Bond’s net average yield of 5.0%. This strong performance, reaping an investment earnings of Php809 million, underscores the continued strength, stability, and resilience of the PERAA Fund.
Global Equity saw a significant surge during the first month of 2024 and continued to give the PERAA Fund good earnings up to the end of the first quarter. However, geopolitical tensions—particularly the unexpected conflict between Israel and Iran in April—led to a spike in crude oil prices, exerting pressure on Philippine inflation and weakening the peso. By the third quarter, both local and global economies began to recover. This recovery accelerated through the end of October which gave PERAA Fund much buffer against declining yields and further peso depreciation in the final months of the year.
As we look ahead to Calendar Year 2025, we remain mindful of several emerging risks. The divisive political climate in the Philippines, the continued weakness of the peso, and growing uncertainty around U.S. tariff policies could all impact the performance of both domestic and international investments. In response, we promise to continue strengthening our ability to read the market and refining our strategic defenses to better position the Fund for long-term sustainability and growth.
As we close the books of Calendar Year 2024, we reflect on the remarkable journey we have taken since the pandemic. Our achievements are a testament to the dedication of our Board of Trustees, our Fund Managers and Management and Staff. We end the CY 2024 with immense gratitude for your trust and commitment to giving a sustainable future for all our employees.
As part of our reporting, enclosed are the Summary per Employee Report (SER) and the Individual Statement of Fund (ISF) as of December 31, 2024.
Thank you for believing in PERAA. Walk with us with faith and confidence as we ride the challenges ahead.
BERNADETTE M. NEPOMUCENO
President
BMN/LHF/JPT/jen
Circular: 2025-002 ROI
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