After a turbulent year, AP3 takes the lead as best performing Swedish buffer fund

AP3 came out of 2022 in better shape than the other main Swedish buffer funds, and also delivered the highest returns over a ten-year period as the previous leader suffered due to a high exposure to equities, an AMWatch comparison shows.
Logos of the four Swedish buffer funds. | Photo: Pr/ Ap1, Ap2, Ap3, Ap4
Logos of the four Swedish buffer funds. | Photo: Pr/ Ap1, Ap2, Ap3, Ap4
BY KIM WIESENER AND ANNE LOUISE HOUMANN

It was a year of negative returns for Sweden’s four main buffer pension funds. But 2022 was also the year when the AP3 fund replaced AP4 as the top performer.

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