The Second AP Fund’s well diversified portfolio generates stable results
The Second AP Fund (AP2) posted a net result of SEK 10.6 billion for the first half of 2016 and the Fund’s asset under management totalled SEK 308 billion. The Fund posted a total return of 3.7 percent, excluding costs. Relative to benchmark index, return was -0.7 percent, excluding alternative investments and costs.“Despite turbulence on the financial markets, AP2 achieved a net return of 3.7 percent for the half year, and our total portfolio actually rose in value even during the final turbulent week in June. The ability to generate a stable return even during uncertain times is mainly