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Asset management
Asset management organisation
Investment rules
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Results
Result January - June 2011
Five-year summary
Risk management
Total portfolio
Result January - June 2011 
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Result January - June 2011 

 

  ·      Profit for the first six months was SEK 3,449 million (4,034), representing a return of 1.6% (2.0) before expenses and 1.6% (1.9) after expenses.

·      Fund capital stood at SEK 224,094 million on 30 June, an increase of SEK 3,265 million since 1 January.

·      Payments of SEK 184 million to the pension system had a marginal impact on fund capital.  

·      Since inception in 2001, AP3 has generated a nominal annual return of 4.0%, outpacing the income index that is used to keep pension credits in line with inflation. The real annual return (minus inflation) stands at 2.3% during this period.


Return January-June 2010 %

Total
return

Contribution to
total return

Equity

2.5

1.5

Fixed income

0.4

0.1

Credits

2.5

0.3

Inflation

6.7

0.9

Foreign Exchange

-

-1.2

Other

2.8

0.0

Absolute return strategies

-

0.0

Total AP3

1.6

1.6