AP3 returns 17.9% in 2005

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AP3 achieved a record total return of 17.9% last year, as fund capital rose nearly SEK32bn to SEK192bn (US$24.4bn).

All assets in the fund’s portfolio generated positive returns, with the fund beating its benchmark by 1.2%, or SEK1.8bn. AP3’s 2005 performance was slightly below sister fund AP2’s returns of 18.7%...

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