Multi-year summary

Below you can find a multi-year summary.

Multi-year summary, as per closing date

June 30,
2017

2016

2015

2014

2013

2012

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

 

 

 

 

   

Fund capital

 333.9

310.0

294.9

259.7

229.6

Profit for the period

30.5

20.1

40.2

37.0

23.4

Net outflows to the pension system and special asset management

 -6.6

-4.9

-5.1

-6.9

-3.8

Fund capital at January 1, 2017

310.0

294.9

259.7

229.6

210.0

Return, %

 

 

 

 

 

 

Returm, total portfolio before expenses

 10.1

6.9

15.8

16.5

11.3

Return, total portfolio after expenses

 10.0

6.8

15.7

16.4

11.2

Return, total portfolio after expenses, annualised 5 years

 12.0

9.7

10.5

11.6

3.3

Return, total portfolio after expenses, annualised 10 years

 6.7

6.7

7.6

7.2

7.2

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

 

 

 

 

 

 

Operating expenses

 0.06

0.06

0.07

0.08

0.08

Commission expenses

0.04

0.05

0.04

0.03

0.02

Total operating expenses and commission expenses

 0.10

0.11

0.11

0.11

0.10

Risk, %

 

 

 

 

 

 

Total portfolio ex post

 7.3

8.8

6.0

5.6

5.6

Liquidity portfolio ex-post1

 7.8

9.4

6.4

6.0

6.0

Liquidity portfolio ex post, 10 years2

 9.1

9.3

8.9

8.6

-

Sharpe ratio total portfolio ex-post

 1.5

0.8

2.5

2.8

1.8

Sharpe ratio liquidity portfolio ex-post2

 1.2

0.6

2.3

2.5

1.7

Other key ratios, as per closing date

June 30, 2017

2016

2015

2014

2013

2012

Active return, strategic management before expenses1

4.8

0.7

1.2

-0.4

Active return, tactical management before expenses 

0.1

0.7

0.5

1.0

       

 

   

Inflation

0.1

-0.3

0.1

-0.1

Real total return after expenses

6.8

16.0

16.2

11.3

Active risk ex post, tactical management

0.5

0.2

0.2

0.4

       

 

   

Foreign exchange exposure, %

27.0

28.1

28.6

27.7

Proportion under active management, including enhanced %

69.9

62.9

58.2

50.2

Proportion under external management, including investments in venture capital firms, %²

 

22.4

25.4

22.7

16.6

Number of employees at end of accounting period

55

54

55

49

       

 

   

Allocation of investment assets, % 3 

     

 

 

 

Equities

56.9

59.0

59.5

55.5

      Global equities

38.4

40.5

40.1

37.2

      Swedish equities

18.5

18.5

19.3

18.3

Fixed income portfolio

33.8

33.0

32.0

36.1

Real estate

6.6

5.5

5.7

5.2

Alternative assets4

2.6

2.7

2.7

3.1

Other

0.0

-0.2

0.1

0.1

Total investment assets, %

100

100

100

100