─ The net flow was relatively considerably negative for North America funds, SEK -41 Billion, in a year when world trade and geopolitics were apparent in the news flow. For other funds the net investments on the contrary were SEK +233 Billion, the strongest positive year outcome in more than a decade, says Malcolm Svensson Rothmaier, economist at Statistics Sweden’s Financial Market Statistics section.

At the end of the fourth quarter of 2025, the total assets in Swedish funds amounted to SEK 8,840 billion. This represents an increase of SEK 310 billion, equivalent to 3,6%, compared to the previous quarter. For the full year the increase totaled 7.2 percent, partly helped by net inflow.

─ It’s the weakest full year development since 2022 when it was negative (-12.5%), says Malcolm Svensson Rothmaier.

Development for the third quarter in brief:

Investment funds' holdings in shares increased by 4 percent during the quarter (by SEK 239 billion to SEK 6,172 billion).

─ The investments in shares also hit a new high by year end and for the first time reached over 6,000 billion, says Malcolm Svensson Rothmaier.

Net investments in equity funds were positive, SEK 27 billion, in the fourth quarter.

Exchange rate of the krona

The average exchange rate for one Euro during the quarter was SEK 10.96 compared to SEK 11.12 during the previous quarter. The average exchange rate for one US dollar was SEK 9.42 compared to SEK 9.52 in the previous quarter.

Number of active funds in the statistics

In total, there were 852 active Swedish funds by year end, two more than at the end of previous quarter.