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Average private funds beat AP7 product at Sweden's Fondtorget in 2020

In 2020, private funds on average yielded a better return than national AP7's Såfa product, which invest a significant part of the money in Sweden's premium pension system (PPM)

Handelsbanken Hållbar Energi was the best performing fund at Fondtorget in 2020. The fund has the Nordic Swan Ecolabel and invests globally in companies that develop or use technologies and methods to limit global warming. | Photo: vestas

Usually, Swedes choosing to leave the investments of their premium pension money to the national AP7 fund's balanced Såfa product are better off than the average saver choosing between the approximately 500 options at fund platform Fondtorget.

In 2020, AP7 Såfa yielded a return of 4.4 percent. In contrast, the private funds at Fondtorget on average produced 8 percent, a newsletter from Bevara Fondtorget writes based on statistics from the Swedish Pension Agency, Pensionsmyndigheten.

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