AP3 (Tredje AP-fonden)

Overview

Statutory buffer fund for Sweden's national income-pension system, tasked with generating high returns at low risk, governed by a nine-member government-appointed board. AUM reported at SEK 549.1 billion at 31 December 2024; rose to roughly SEK 832.8 billion after absorbing the dissolved AP1's assets and liabilities effective 1 January 2026, as part of a government-mandated AP-fund consolidation reform (AP1's book was split between AP3 and AP4).

Key Facts

Type

Pension Fund

Geography focus

Sweden and global developed markets