AMWatch

AP7 beat private fund average last year

Private funds prevailed in 2020, but a year later AP7 Såfa is 4 percentage points better than the average.

Richard Gröttheim, AP7 CEO | Photo: AP7

Sweden's premium pension system default fund manager AP7 has delivered a 31,5 percent returns for its balanced product AP7 Såfa, according to recent figures.

The private fund average on the premium pension system's Fondtorget amounted to 27.1 percent. As AMWatch reported, AP7 Såfa was also better than the private fund average at the six-month mark as well, delivering a 17.6 percent return compared to the private funds' 13 percent.

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