SEK 4.5 billion into investment funds in August

[2018-09-10]

 

In August, investment funds recorded a total net inflow of SEK 4.5 billion. Equity funds, balanced funds and long term fixed income funds recorded net inflows, whereas short term fixed income funds and hedge funds had net outflows.

The total fund assets in Sweden increased during the month by SEK 130 billion and amounted at the end of August to a new record-high level, SEK 4 434 billion.

Investment funds recorded a total net inflow of SEK 4.5 billion in August. Equity funds saw net inflows of SEK 3 billion and balanced funds had a net inflow of SEK 2.4 billion. Also long term fixed income funds recorded net deposits of SEK 2.5 billion. Short term fixed income funds and hedge funds, on the other hand, had net outflows of SEK 2.0 and 1.4 billion during the month.

So far in 2018, total net sales of investment funds amounts to SEK 42 billion, of which SEK 14.6 billion have been invested in balanced funds.

“Total fund assets increased sharply in August, partly due to continued net inflows but mainly because of the good performance of stock markets where Swedish investors also got help from a rising dollar", says Gustav Sjöholm, Financial Savings Economist at the Swedish Investment Fund Association.

In August, the development of the world’s stock markets was positive and the value of the Stockholm Stock Exchange (including dividends) rose by 2.6 percent during the month. Equity funds recorded a net inflow of SEK 3.0 billion in August. The largest deposits were made in sector funds, North America funds and global funds, whereas emerging markets funds and European funds recorded net outflows during the month.

So far in 2018, equity funds have recorded a total net inflow of SEK 8.9 billion. Sweden funds have had net withdrawals of SEK 16 billion, whereas global funds have recorded net inflows of over SEK 20 billion. It is also notable that index funds have recorded net inflows of over SEK 21 billion so far this year.

Long term fixed income funds recorded in August a net inflow of SEK 2.5 billion. So far in 2018, total net sales of long term fixed income funds amounts to SEK 10.8 billion, of which SEK 0.8 billion constitutes net deposits in corporate bond funds.

The total fund assets in Sweden increased in August by SEK 130 billion and amounted at the end of the month to a record-high SEK 4 434 billion. Of the total fund assets, SEK 2 665 billion (equivalent to 60 percent) was invested in equity funds.

For further comments please contact:

Gustav Sjöholm, the Swedish Investment Fund Association
+46 (0)76-540 05 07
gustav.sjoholm@fondbolagen.se

For information about the statistics:

Fredrik Pettersson, Chief Analyst, the Swedish Investment Fund Association
+46 (0)8 506 988 03 / +46 (0)733-12 55 77, fredrik.pettersson@fondbolagen.se


Fredrik Hård, the Swedish Investment Fund Association
+46 (0)8-506 988 08, fredrik.hard@fondbolagen.se


Net sales of investment funds in 2018, SEK billion

 

Members of the Swedish Investment Fund Association:

Aktie-Ansvar, Alfred Berg Fonder, AMF Fonder, Avanza Fonder, Aviva Investors, BMO Global Asset Management, Carnegie Fonder, Catella Fonder, Danske Invest, Didner & Gerge Fonder, DNB, 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, Norama, 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.