Large net inflows into investment funds in January

[2018-02-12]

In January total net sales of investment funds amounted to SEK 8.8 billion. The largest deposits were made in equity funds, followed by balanced funds. In contrast, net withdrawals were made from fixed income funds. The total fund assets in Sweden increased during January by SEK 56 billion and amounted at the end of the month to a new record-high level, SEK 4 074 billion.

Investment funds recorded a total net inflow of SEK 8.8 billion in January. Equity funds recorded net deposits of SEK 12 billion and balanced funds had a net inflow of 2 billion. Money market funds and bond funds, on the other hand, recorded net outflows of SEK 3.3 and 1.5 billion respectively. Also hedge funds saw net withdrawals of SEK 0.7 billion in January. 

”We have over a long period of time experienced steadily rising stock markets and also in January net inflows into equity funds remained high. Most investors do have a long-term perspective in their fund savings, and that approach might be worthy to highlight now when we, in February, have been reminded that the equity markets can both go up and down in the short term. How this stock market turbulence affects fund savings will be visible first in the statistics next month", says Fredrik Pettersson, Chief Analyst of the Swedish Investment Fund Association.

In January, the value of the Stockholm Stock exchange (including dividends) rose by almost 2 percent. Equity funds had a total net inflow of SEK 12 billion and the largest net deposits were made in global funds. Also emerging market funds had large net inflows, whereas Sweden funds recorded net outflows.

Bond funds recorded net withdrawals totaling SEK 1.5 billion in January. However, for corporate bond funds, net saving was marginally positive (SEK 33 million) during the month.

The total fund assets in Sweden increased in January by SEK 56 billion and amounted at the end of the month to a record-high SEK 4074 billion. Of the total fund assets, SEK 2409 billion (equivalent to 59 percent) was invested in equity funds.

To the statistics

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