Mexico’s Retirement Savings System Records 209 Billion Peso Gains in October

SAR Records 209 Billion Peso Gains in October: Mexico's Sistema de Ahorro para el Retiro posted gains of 209,427 million pesos in October, the third-highest figure of the year. The commission said the system's prudent regulation and investment strategy have supported cumulative gains above 700 billion pesos over the first ten months of the year.

SAR Records 209 Billion Peso Gains in October, Digi Mart USA News (Mexico): In October, Mexico’s Sistema de Ahorro para el Retiro (SAR) recorded gains of 209,427 million pesos, the third-highest monthly figure of the year.

The figure trails only April, which posted 347,525 million pesos, and May, with 239,481 million pesos.

The SAR also reported losses of 417,321 million pesos in March, the largest monthly decline on record since the data series began.

The Comisión Nacional del Sistema de Ahorro para el Retiro said the system has shown strength due to prudent regulation and an investment strategy designed to take advantage of the characteristics of each instrument according to the worker’s generation.

“Thanks to this, during the 10 months of the year so far, the SAR has accumulated gains exceeding 700 billion pesos,” the commission said.

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