With a positive result of almost SEK 17 billion, the Fourth Swedish National Pension Fund (AP4) fund capital increased to SEK 348 billion - a new record level. The return for the first six months amounted to 5.2 percent after costs. Over the past ten years, AP4 has returned 88 percent after costs, which equates to an average annual return of 6.5 percent.
AP4 has been awarded the highest rating (AAA) and positioned itself in eight place out of 500 institutional investors in the Asset Owners Disclosure Project (AODP) Global Climate 500 Index.
The Ethical Council of the Swedish AP Funds celebrates ten years 2017. During these ten years the Council has through engagement encouraged the AP Funds' global portfolio companies to improve their work on environmental issues, human rights and corruption. In 2016 dialogues have covered companies regarding the fishing industry in Thailand and the guest workers' situation in Qatar.
A profit of over SEK 31 billion increased the Fourth Swedish National Pension Fund’s (AP4) fund capital to SEK 334 billion in 2016. This amounted to a return of 10.0 percent after expenses. AP4 exceeded both the income index and the long-term return target.
Sustainability affects us and our planet. It also has a financial impact on AP4's investments and thus affects the possibility of positively contributing to safeguarding pensions.