Large inflows into equity funds

In October, investment funds recorded a total net inflow of SEK 6,9 billion. The largest deposits were made in equity funds with a net inflow of SEK 10,2 billion. The total fund assets in Sweden increased during the month and amounted at the end of October to the new record high level of SEK 3 996 billion.

Investment funds recorded a total net inflow of SEK 6,9 billion in October. Equity funds had net inflows of SEK 10,2 billion. Balanced funds and money market funds on the other hand recorded net outflows of 3,8 and 5,4 billion respectively.

Except large inflows in Sweden and global funds, large inflows were also made into Asian fund. To Asian funds we saw the largest net savings for two years", says Johanna Kull, Financial Savings Economist at the Swedish Investment Fund Association.

So far in 2017, total net sales of investment funds amounts to SEK 75 billion. Equity funds have recorded a total net inflow of SEK 35,4 billion and net inflows in balanced funds and bond funds amounts to SEK 15,2 and 22,3 billion respectively.

In October the value of the Stockholm Stock exchange (including dividends) rose by 2 percent. Equity funds recorded a total net inflow of SEK 10,2 billion during the month. The largest deposits were made in Sweden funds and Global funds, whereas net outflows where made from North America funds.

So far in 2017, equity funds have recorded a total net inflow of SEK 35,4 billion. Global funds have had net inflows of SEK 29,4 billion. Also Sweden funds and European funds have recorded net deposits of SEK 10,5 and 9,7 billion. On the other hand, large withdrawals have been made from North America funds and Russia funds so far during the year. It is also notable that index funds have recorded net inflows of SEK 30,3 billion so far this year.

Bond funds recorded, in October, a total net inflow of SEK 4,6 billion. Half of the amount went to corporate bond funds. So far in 2017, SEK 22,3 billion has been invested in bond funds, and of which 15.7 billion have been allocated to corporate bond funds.

The total fund assets in Sweden increased in October with SEK 122 billion and amounted at the end of the month to SEK 3 996 billion, of which 2 357 billion (equivalent to 59 per cent) were invested in equity funds. Since year-end 2016, the total fund assets in Sweden have increased by SEK 429 billion.

For further comments please contact:

Johanna Kull, the Swedish Investment Fund Association
+46 (0)8 506 988 07 / +46 (0)704 52 48 34, johanna.kull@fondbolagen.se

For information about the statistics:

Fredrik Pettersson, the Swedish Investment Fund Association
+46 (0)8 506 988 03, fredrik.pettersson@fondbolagen.se

Fredrik Hård, Fondbolagens förening
+46 (0)8-506 988 08, fredrik.hard@fondbolagen.se

Members of the Swedish Investment Fund Association:

Aktie-Ansvar, Alfred Berg Fonder, Amenea, AMF Fonder, Avanza Fonder, Aviva Investors, BMO Global Asset Management, Carnegie Fonder, Catella Fonder, Danske Invest, Didner & Gerge Fonder, DNB Asset Management, East Capital, Enter Fonder, FCG Fonder, Fidelity International, FIM Fonder, First State Investments, Franklin Templeton Investments, Granit Fonder, Handelsbanken Fonder, Healthinvest Partners, Holberg Fonder, HSBC Global Asset Management, ISEC Services, J.P. Morgan Asset Management, Lannebo Fonder, Länsförsäkringar Fondförvaltning, Monyx, Movestic Kapitalförvaltning, Naventi Fonder, Navigera, Nordea Fonder, Odin Fonder, SEB Investment Management, Simplicity, Skagen Fonder, Skandia Fonder, Solidar Fonder, SPP Fonder, Swedbank Robur Fonder, Söderberg & Partners Asset Management, Tundra Fonder, Xact Kapitalförvaltning, Ålandsbanken Fondbolag, Öhman Fonder.

Associate members

Advokatfirman Evander, Apriori Advokatbyrå, Bloomberg LP, Citi, Deloitte, EY, Gernandt & Danielsson Advokatbyrå, Harvest Advokatbyrå, KPMG, MFEX, Morningstar, PwC, SEB Fund Services, Wesslau Söderqvist Advokatbyrå.

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Except large inflows in Sweden and global funds, large inflows were also made into Asian fund. To Asian funds we saw the largest net savings for two years
Johanna Kull, Financial Savings Economist at the Swedish Investment Fund Association