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This AP fund fared best in a volatile H1

The AP fund that usually has the lowest returns out of the buffer fund quartet has managed to parry the market best year-to-date and report the smallest drop in returns. On the flipside, one of the funds reports a double-digit drop.

Photo: David Goldman/AP/Ritzau Scanpix, Jens Dresling, Lars Hansen/Ritzau Scanpix, Thomas Borberg.

Sweden’s four buffer funds, AP1-4, have now all published their reports for the first half of 2022, with AP2 and AP3 last out of the gates.

Unsurprisingly, all four funds have reported negative returns year-to-date. But AP2, usually a laggard compared to its peers, has managed to protect its returns better and has come out of the first half with the smallest drop.

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