1, which is conducive to improving the income level of pension funds and alleviating the payment pressure of pension insurance. According to the data released by Ministry of Human Resources and Social Security, the return on investment in 20 19 and 2020 is 9.03% and 10.95% respectively, which is much higher than the bank deposit interest rate and inflation rate. Entrusted investment can effectively increase the income source of the endowment insurance fund, increase the self-financing ratio of the fund and reduce the dependence on financial subsidies.

2. It is conducive to optimizing the asset allocation of pension funds and improving the quality and safety of assets. Entrusted investment is managed and operated by professional institutions, mainly including domestic stocks, bonds, pension products, listed securities investment funds, stock index futures, treasury bonds futures, etc. These investment products have high liquidity and risk dispersion, which can effectively resist market fluctuations and inflation risks and ensure the safety of pension fund assets.

3. It is conducive to promoting the development of the capital market and supporting the real economy and scientific and technological innovation. Entrusted investment can inject long-term and stable funds into the capital market, increase market vitality and depth, and improve market efficiency and fairness. At the same time, entrusted investment can also support the development of national strategies and key areas by selecting high-quality enterprises and projects, and promote economic transformation and upgrading and scientific and technological innovation.