Investment funds 2nd quarter, 2022
Fund wealth continues to decline
Statistical news from Statistics Sweden and Swedish Financial Supervisory Authority 2022-08-24 8.00
Total fund wealth in Swedish registered funds amounted to SEK 5 623 billion at the end of the second quarter of 2022. This is a decrease of SEK 605 billion, correspondent to 9.7 percent, compared to the previous quarter and is due to a continued weak stock market development and negative net investments.
Second quarter in brief:
- Total net sales amounted to SEK 26 billion.
- The households net sales amounted to SEK 5 billion.
- Households’ directly-owned fund wealth amounted to SEK 1 003 billion during the second quarter. It is SEK 120 billion less compared to the previous quarter and SEK 95 billion more compared to the second quarter 2021.
- In the households sector, the largest decrease was in Equity funds, 14% off the fund wealth.
- The households had positive net investments in Fund of funds and in Other funds.
- Bond and money market funds and Other funds were the only fund types with positive net investments. SEK 4 078 billion in Bond and money market funds and SEK 5 275 billion in Other funds.
- Foreign owners holdings in Swedish registered funds declined with SEK 40 billion to SEK 328 billion.
Swedish krona exchange rate
The average price for one Euro in the second quarter was SEK 10.47 compared to SEK 10.48 in the previous quarter. The average price for one US dollar was SEK 9.84 compared to SEK 9.34 in the previous quarter. The effect of these rates is that the funds' investments in Euro decreased in value and investments in US dollars increase in value in terms of Swedish Kronor.
Number of active funds in the statistics
During the second quarter, 28 new funds were started and 17 previously active funds were closed or merged. A total of 811 active Swedish funds were listed, which is a net increase of eleven compared to previous quarters.
Source: Statistics Sweden
Source: Statistics Sweden
Definitions and explanations
The statistics include investment funds registered in Sweden. Both mutual funds and special funds are included in the statistics. The other funds category includes funds that could not be classified under any other category, such as Hedge Funds.
The Swedish financial companies sector includes, for example, mutual fund insurance and premium pension savings and holdings in managed depots that may have households as the final owner.
Next publishing will be
The next statistical news in this series is scheduled for publication on 2022-11-24 at 08:00
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.