"Continued net inflows combined with good value growth in mutual fund savings during the first half of the year meant that total mutual fund assets in Sweden reached a new record high at the end of June," says Fredrik Hård, economist at the Swedish Association of Mutual Fund Companies, in a press release.
During June, Swedes' fund assets increased by SEK 306 billion and amounted to SEK 10,016 billion at the end of June. Of this amount, 69 percent is invested in equity funds.
