SWEDEN: Updated Portfolio Reporting for Mutual Funds and Special Funds

Friday February 26 2021

On 26th February 2021, the FI (Finansinspektionen) updated the holding reporting for mutual funds and special funds (F815 and F816). This is a consequence of the amendments that came into force on 1 January 2021 of Finansinspektionen’s regulations (FFFS 2013: 9) on securities funds and Finansinspektionen’s regulations (FFFS 2013: 10) on managers of alternative investment funds.

No new information

This does not lead to any new information being reported, but only to several of the voluntarily specified information now becoming mandatory. The first reporting opportunity according to the updated schedule is the period with reference date 2021-03-31.

Previous voluntary information that has become mandatory

The reporting of fund holdings has so far included a number of voluntary data marked with an asterisk (*). The information that has now become mandatory to enter is

• the fund’s management fees
• the fund’s performance-based fees (percentage of withdrawals and return threshold)
• the type of fund managed (see instructions on how to report this properly)
• which benchmark index the fund uses
• the fund’s active risk (English: tracking error)
• the fund’s placement in an account with a credit institution
• the fund’s counterparty exposure to OTC derivatives
• the fund’s exposure to corporate group
• standard deviations for special funds (previously mandatory for mutual funds).

Click on the link for further information.