APS Funds closed 2025 with positive performance across all strategies, highlighting the effectiveness of disciplined asset allocation and active investment management during a year of mixed market conditions.

The results were reported by ReAPS Asset Management Limited, a wholly owned subsidiary of APS Bank, which manages the APS Funds range. The performance reflects a consistent focus on diversification, risk management and responsible investment principles.

The strongest gains were recorded by the APS Ethical Adventurous Fund, which delivered a return of 16.31% for the year. The fund’s higher exposure to global equities and growth-oriented assets proved beneficial, supported by selective investments in companies aligned with sustainable business practices and strong governance standards.

The APS Ethical Balanced Fund achieved a return of 7.62%, benefiting from diversified exposure across equities and fixed income instruments. Meanwhile, the APS Ethical Cautious Fund posted a gain of 4.88%, in line with its objective of capital preservation and lower volatility, appealing to investors seeking steadier returns.

Within fixed income strategies, the APS Diversified Bond Fund recorded a positive return of 0.77%, reflecting careful management of interest rate and credit risk amid evolving monetary conditions. The APS Income Fund, which is structured as a prescribed fund, delivered a return of 1.46%, supported by income generated from Maltese bonds and dividend-paying local equities.

Commenting on the results, Josef Portelli, Head of Investment Management at APS Bank and Managing Director of ReAPS Asset Management Limited, said the performance demonstrates the value of a structured, long-term investment approach.

“These results reflect our continued commitment to responsible investing, diversification and robust risk management,” he said. “Across ethical, bond and income strategies, the Funds delivered their objectives while navigating differing market conditions.”