ETFs seeking to replicate Swedish stocks indices experienced a slight correction in performance over Friday’s market session with -1,60%. However, investors are not showing any signs of lowering confidence as they increased their exposure to the segment with +$15,29M for the sixth times consecutively. Indeed, Sweden’s economy has been outperforming most of the other European countries after its GDP contracted 8,6% in the second quarter, while France’s GDP shranked 13,8%. Year-to-date, ETFs tracking Swedish stocks indices are up +7,01% showing resilience and returns.
Over the same period, investors poured +$82,5M into the segment. 12 funds tracking 3 indices are included in the segment for a total of $1,7Bn of assets under management.