Sweden Equity

Sweden equity mutual funds and ETFs own securities listed on Nasdaq Stockholm,... Sweden equity mutual funds and ETFs own securities listed on Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange. The most well-known benchmark is the OMX Stockholm 30, which is a market-capitalization-weighted index of the largest 30 stocks on the exchange. The exchange has large weightings in industrials and financials. Some of the biggest companies on the market include Volvo, Atlas Copco, Assa Abloy, and Sandvik. Sweden equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Krona. The Swedish economy, the world’s 24th largest by nominal Gross Domestic Product as of 2022, is characterized by a large social safety net, a heavy focus on exports, and a mix of public and private enterprise ownership. Motor vehicles, machinery, and paper products are key exports. At 28% of GDP as of 2022, investment is significantly above its long-run average. As a developed market economy, Sweden equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 04/24/2024 View more View less

Sweden equity mutual funds and ETFs own securities listed on Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange. The most well-known benchmark is the OMX Stockholm 30, which is a market-capitalization-weighted index... Sweden equity mutual funds and ETFs own securities listed on Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange. The most well-known benchmark is the OMX Stockholm 30, which is a market-capitalization-weighted index of the largest 30 stocks on the exchange. The exchange has large weightings in industrials and financials. Some of the biggest companies on the market include Volvo, Atlas Copco, Assa Abloy, and Sandvik. Sweden equity mutual funds and ETFs may be passively or actively managed. They may also leave currency exposure unhedged, or choose to protect the portfolio from swings in the value of the Krona. The Swedish economy, the world’s 24th largest by nominal Gross Domestic Product as of 2022, is characterized by a large social safety net, a heavy focus on exports, and a mix of public and private enterprise ownership. Motor vehicles, machinery, and paper products are key exports. At 28% of GDP as of 2022, investment is significantly above its long-run average. As a developed market economy, Sweden equity mutual funds and ETFs are often purchased by conservative-minded investors. Last Updated: 04/24/2024 View more View less