AP3 is one of five so-called buffer funds in the national pension system. We are mandated by Parliament to generate maximum possible benefit for the pension system by managing our fund capital so as to deliver strong investment returns at a low level of risk.

Pension fund with investment freedom
AP3 is a state-owned pension fund with a government-appointed Board of Directors. We are more independent than most government agencies because the Board has sole responsibility for the operations of the Fund and because Sweden’s national pensionfunds are regulated solely by legislation and not by government directives. The Ministry of Finance reviews the national pension funds’ performance on an annual basis.

Investments in a diversified portfolio
AP3 manages a diversified global portfolio of listed equities, fixed income assets and alternative investments. Alternative investments consist of private equity, real estate, timberland, infrastructure assets and new strategies.

The value of AP3's portfolio stood at SEK 208.6 billion on 30 June 2010.

The fund had 56 employees at the end of June 2010.