Report on operations

AP4 Fund Capital reaches new record level of SEK 312 billion.

With a profit of SEK 5.6 billion, the Fourth Swedish National Pension Fund (AP4) increase Fund capital to SEK 312 billion after net outflows to the national pension system of more than SEK 3 billion. The total return for the first half of 2016 amounted to 1.9 percent after expenses.Over the past ten years AP4’s average annual total return has amounted to 6.8 percent after expenses, which exceeds the income index¹ by a wide margin and positively contribute to the pension system.

 

YEAR IN BRIEF, KEY FIGURES Jan-Jun 2016 Jan-Jun 2015 Jan-Dec 2015
Fund capital, SEK bn 312.5 310.4 310.0
Net profit, SEK bn 5.6 18.0 20.1
Net disbursements to pension system, SEK bn -3.2 -2.4 -4.9
       
Total return after expenses 1.9 6.1 6.8
       
Operating expenses, % of AuM 0.06 0.07 0.06
Operating and commissions expenses, % of AuM 0.10 0.11 0.11
       
Annual total return after expenses, average 5 years, % 9.7 11.6 9.7
Annual total return after expenses, average 10 years, % 6.8 7.4 6.7