AMWatch

AMF Fonder shakes up fee structure to keep edge amid price pressure

Sweden's AMF Fonder is changing the cost structure of its actively-managed mutual funds in a bid to keep its competitive edge as pressure grows on fees in the sector. The mutual fund provider's CEO flags up the factors driving heightened rivalry on the Swedish fund market.

Jonas Eliasson become CEO of AMF Fonder in january 2018. Prior he was worked at Alfred Berg Fonder and Swedbank Markets. He holds a Master of Science in Business and Economics, | Photo: PR

AMF Fonder – the mutual fund arm of SEK 619 billion (EUR 59.9 billion) Swedish pension fund AMF Pension – has cut the annual fee on its small cap fund AMF Aktiefond Småbolag.

This reduction slashes the annual fee to 0.40 percent from 0.60 percent before. All its actively-managed equity funds now cost 0.40 in annual management fees.

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