Not surprisingly, the tougher economic times are also reflected in Swedish fund savings. In 2022, investors invested a total of SEK 19 billion in funds. This figure compares with an annual average of SEK 79 billion since 2000.
The total fund assets also took a big hit when, for example, the Stockholm stock exchange fell sharply. At the end of 2022, fund assets amounted to SEK 6 067 billion - a decrease over the year of SEK 884 billion, according to the Swedish Investment Fund Association's annual report.
"The tough economic situation has affected the behaviour of savers. For much of the year, we have seen investors selling higher-risk funds, especially equity funds," says Philip Scholtzé, savings economist at the Swedish Investment Fund Association, in a press release.