"The speculation surrounding a possible AI bubble has clearly affected fund savers who are acting cautiously and seeking security, and choosing to sell both technology funds and technology-heavy US funds," says Felicia Schön, savings economist at Avanza, in a press release.
For both Nordnet and Avanza, Sverigefonder tops the list of most purchased funds by small savers in November. Both online brokers are also seeing increased interest in emerging market funds.
