PensionDanmark is Denmark's largest labour market pension fund. It offers defined contribution pensions, insurance policies and healthcare schemes on the basis of collective agreements covering some 640,000 individuals employed in 27,000 companies in the private and public sector. PensionDanmark's long-term investment objective is to ensure the highest possible buying power of members' pension savings. As of mid-2014, PensionDanmark's assets under management exceeded 21 billion euros, and by 2018 assets under management are expected to exceed 26 billion euros (200 billion DKK).