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269 funds stopped in the fund marketplace

the Change affects 630.000 savers and a fund capital of a total of 48 billion kronor. Those concerned shall be informed by letter from the authority.

”the Saver ends up either in another fund or AP7 Såfa. No savers need to do something with the reason of the changes, but we strongly recommend that all savers will receive a letter to see of their funds. If you are not satisfied, you can always change fund,” says Erik Fransson, the head of the fondtorgsavdelningen on Authority, in a comment.

Then in november of last year, new rules for fund management companies on the authority's fondtorg. The deadline to get their funds registered in the mutual fund marketplace offers expired on december 28, 2018.

a Total of 70 companies have applied to register the 553 funds. Of these, there were 512 funds then in the past, writing the authority. These applications will now be reviewed to see if they meet the requirements to be on the fund marketplace.

Read also: Providers took out extra fees

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