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Swedish fund savings: Record level in July

Total fund assets in Sweden increased by EUR 10bn in July and amounted to a record high of EUR 443bn by the end of the month.

Photo: JUSTIN SULLIVAN/AFP / GETTY IMAGES NORTH AMERICA

In July, new net savings in Swedish mutual funds amounted to EUR 1.2bn. The largest net deposits were made in equity funds, followed by investments in long-term interest funds and investments in mixed funds. Total fund assets in Sweden increased by EUR 10bn during the month and amounted to a staggering EUR 443bn which is a new record high.

In Sweden, pension savings are mostly invested in mutual funds.

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