Press Release

The Fondo de Ahorro de Panamá Publishes its Preliminary (Unaudited) Second Quarter 2017 Results

Panama | may 18, 2017

The Fondo de Ahorro de Panama (“FAP” or “Fund”) has published its portfolio performance report for the first quarter 2017 (“1Q2017”).

Key points:

  • Total Fund assets: USD 1,558.9 million;
  • Total Fund net assets: USD 1,283.2 million;
  • Performance – year-to-date at 1Q2017: 1.6%;
  • Gross income – year-to-date at 1Q2017: USD 19.6 million; and
  • Performance – last 12 months: 3.1%

Complete 1Q2017 Report (in Spanish)

The information presented has not been independently audited.  Information regarding gross income (performance) include interests, dividends and assets valuations on a mark-to-market basis before costs.

About the Fondo de Ahorro de Panama
The Fund was created by Law 38 of June 5, 2012, whose main objectives are:

  1. Establish a long-term savings mechanism for the Panamanian State; and
  2. Establish a stabilization mechanism in case of a state of emergency (declared by the Cabinet’s Council) and economic slowdowns.

Contact: Administration, +507-394-5776/5706,
For additional information visit