Sweden's premium pension system default fund manager AP7 has generated a 19.3 percent return in its AP7 Aktiefond (AP7 Equity Fund) for the first half of the year.
AP7 Aktiefond had SEK 791bn (EUR 77.7bn) in assets under management halfway through 2021, while the fixed income portion AP7 Räntefond had SEK 65.8bn (EUR 6.5bn). These two funds make up the building blocks of AP7 Såfa, the default fund for non-active savers in Sweden's premium pension system.
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