- The AP3 portfolio performed favourably during the first half of the year amid continued equity market gains and rising interest rates. Net profit totalled SEK 14.5 billion, corresponding to a return of 6.8% after expenses. Return before expenses was 6.9%.
- Fund capital stood at SEK 227.7 billion on 30 June, an increase of SEK 15.5 billion since the start of the year.
- The return on the listed portfolio was 6.5% before expenses and the active return (outperformance of the index) was 0.4%.
- Currency exposure was 9.2% on 30 June.
The Fund has generated total returns of SEK 74.4 billion since its inception in 2001, equivalent to a real annual return (adjusted for inflation) of 4.4%. AP3 has therefore comfortably met its target of an annual real return of 4%. Fund capital rose by SEK 93.7 billion including net inflows.
For further information please contact:
Hans Lindberg, Chief strategist asset allocation, phone: +46 (0)8 555 17 155, firstname.lastname@example.org
Christina Kusoffsky Hillesöy, Communications Manager, phone: +46 (0)8 555 17 123,