We stabilise Swedish pensions
The Fund’s mandate is to manage money in the pension system in the best possible way, so as to increase financial stability in the long term.
Första AP-fonden (AP1) plays a key role for Swedish pensioners. Good performance by the Fund helps to create stability across generations.
We manage assets for Sweden’s pensioners, and have many different asset types worth SEK 338 billion in total.
Our mandate is to create the best possible return on these assets. Our target is a return of at least 4 per cent in real terms (i.e. adjusted for inflation) over 10 years. Our performance in recent years has far exceeded this target.
AP1 plays a key role as a reserve for Swedish pensioners
The Fund’s capital serves as a reserve in years when disbursements of income pension exceed contributions. This means that pensions do not need to be affected by differences between different years.