Multi-year summary

Below you can find a multi-year summary.

Multi-year summary, as per closing date

30 Jun 2016

2015

2014

2013

2012

2011

Fund capital, flows and net profit/loss, SEK bn

   

 

     

Fund capital

312.5

310.0

294.9

259.7

229.6

210.0

Net flows to the pension system and special asset management

-3.2

-4.9

-5.1

-6.9

-3.8

-1.2

Profit for the year

5.6

20.1

40.2

37.0

23.4

-1.6

Return, %

   

 

 

   

Return on total portfolio before expenses

1.9

6.9

15.8

16.5

11.3

-0.7

Return on total portfolio after expenses

1.9

6.8

15.7

16.4

11.2

-0.7

Return on total portfolio after expenses, annualised 5 years

9.7

9.7

10.5

11.6

3.3

1.6

Return on total portfolio after expenses, annualised 10 years

6.8

6.7

7.6

7.2

7.2

4.1

Operating expense ratio as a % of assets under management (annualised)

   

 

 

   

Operating expenses

0.06

0.06

0.08

0.08

0.08

0.08

Operating expenses and commission expenses

0.10

0.11

0.11

0.11

0.10

0.10

Risk, %

   

 

 

   

Standard deviation, total portfolio ex post

8.9

8.8

6.0

5.6

5.6

9.2

Standard deviation, liquidity portfolio ex-post1

9.7

9.4

6.4

6.0

6.0

9.8

Standard deviation over 10 years, liquidity portfolio ex-post2

9.2

9.3

8.9

8.9

-

-

Sharpe ratio total portfolio ex post

0.5

0.8

2.5

2.8

1.8

neg

Sharpe ratio liquidity portfolio ex-post1

0.3

0.6

2.3

2.5

1.7

neg

Other key ratios, as per closing date

30 Jun 2016

2015

2014

2013

2012

2011

Active return, strategic management before expenses1

-0.5

4.8

0.7

1.2

-0.4

-

Active return, tactical management before expenses2

-0.0

0.1

0.7

0.5

1.0

0.2

     

 

     

Inflation

0.8

0.1

-0.3

0.1

-0.1

2.0

Real total return after expenses

1.0

6.8

16.0

16.2

11.2

-2.7

Active risk ex post, tactical management

0.4

0.5

0.2

0.2

0.4

0.5

     

 

     

Foreign exchange exposure, %

27.4

27.0

28.1

28.6

27.7

25.7

Proportion under active management, including enhanced, %

68.9

69.9

62.9

58.2

50.2

63.6

Proportion under external management, including investments in venture capital firms, %

29.0

29.0

30.9

28.4

21.7

18.4

Number of employees at end of accounting period

54

55

54

55

49

52

     

 

     

Allocation of investment assets, % 3 

   

 

 

   

Equity portfolio

57.1

56.9

59.0

59.5

55.5

55.7

      Global equity portfolio

39.3

38.4

40.5

40.1

37.2

37.9

      Swedish equity portfolio

17.8

18.5

18.5

19.3

18.3

17.8

Fixed income portfolio

33.5

33.8

33.0

32.0

36.1

37.3

Real estate

6.9

6.6

5.5

5.7

5.2

4.5

Alternative assets

 

2.5

2.6

2.7

2.7

3.1

2.5

Other 5 

0.0

0.0

-0.2

0.1

0.1

0.0

Total investment assets, %

100

100

100

100

100

100