Sixth Swedish National Pension Fund

On 20 May 2025, the Swedish Parliament decided that AP6 would be merged into AP2 on 1 January 2026. This will make 2025 the last operating year for AP6 and the operations will be closed on 31 December. The CEO and employees have been dismissed and will leave the fund on this day, when the appointment of AP6's board of directors will also end. Against this background, the board and CEO will submit an annual report for 2025 already in December 2025. Profit figures are based on AP6's financial statements as of 31 August, supplemented by comments relating to significant transactions or other significant events relating to the last months of the year. As the investment portfolio mainly comprises unlisted indirect investments whose valuations are based on the PE-funds' reporting as of 30 June, the results will largely reflect the full-year results. The annual report for 2025 also includes an integrated sustainability report in accordance with GRI Standards. AP6 will also produce a statutory annual report by December 31, which the board of AP2 will sign.
AP6 ends its operations with a return of 7.5% and a profit of SEK 5.8 billion for the first eight months of the year. The average return for five years is 16%, for ten years 12.3%. Since its inception, AP6 has contributed SEK 72.5 billion to the pension system, corresponding to a return of 700%. It is this return that the decision to have a buffer fund specializing in unlisted assets has generated for the Swedish buffer fund system.