The Fourth Swedish National Pension Fund (AP4) is a government agency, which manages a part of the buffer capital set aside to off set temporary fluctuations in pension system contributions and disbursements. Operations are governed by the Swedish National Pension Funds Act.
The mission is to generate optimum returns through long-term risk-weighted management of investments, and the vision is “Financial security for Swedish pensioners”. AP4 can invest in most types of assets, but the portfolio mainly constitutes of equities, fixed income assets and real estate. At year-end 2010, Fund capital totalled SEK 213 billion.