Swedbank Robur temporarily closes Swedish smaller companies fund

Swedbank Robur Fonder AB has stopped flows in and out of its Swedbank Robur Småbolagsfond Sverige as it is being merged with Swedbank Robur Stella Småbolag.

Swedbank Robur announced in August that it was de-registering the Stella Småbolag, with the Swedish Pensions Agency announcing it was no longer available on its Premium Pension (PPM) platform as of 24 August.

The manager said at the time that the fund would be merged into the Småbolagsfond Sverige. It is the final step in this merger that has lead to the announcement that investor requests to switch in or out of the Småbolagsfond Sverige as of 5 November until 11 November will not be processed until 12 November, the Agency reports.

The fund’s pricing on 12 November will apply to any switching requests lodged during the period.

Swedbank Robur Småbolagsfond Sverige achieved an average annual return of 10.7% over the past 10 years, data from the Agency suggests. However, this has come with volatility averaging more than 20% during the period. Over three years the volatility has averaged about 18%.

The fund’s key sector allocation is industrial goods and services, which accounts for 36% of assets under management.

Its top 10 holdings as of the last published data were: Betsson, Hexpol, NCC, Trelleborg, JM, EnQuest, AF, Loomis, Saab, and Sweco.


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