Big differences in fund fees,
Photo: Oscar Olsson/TT

Big differences in fund fees, review finds

The median fees that savers pay in some of the most popular fund categories have fallen in recent years, according to a review by the Swedish Financial Supervisory Authority (FI).

However, there is a large difference between different funds, the review shows. The difference between the cheapest and most expensive actively managed Swedish fund is 1.45 percentage points. For Swedish index funds, the difference is 0.65 percentage points and for global index funds 0.52 percentage points.

"Anyone who chooses a more expensive fund should understand what they are paying extra for. A difference of 1 percentage point in long-term savings means almost SEK 250,000 more in fees," says Moa Langemark, consumer protection economist at the Swedish Financial Supervisory Authority, FI, in a press release.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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