With so much happening throughout the Middle East, and the two recent natural disasters in New Zealand and Japan, investors are buying hedge funds and bond funds, while they are selling mutual funds and other funds with higher risks.
Jan Dinkelspiel, the Swedish Head of Nordnet,commented in the company press release : ''Month attraction is particularly hedge funds. Exchange yo-yo-like nature allows savers attracted by the funds that promise stable returns regardless of whether the market goes up or down. It is also interesting that we have a US-fund on the charts for the first time in years. Despite the gloomy news flow, the positive signals about the U.S. economy, and they certainly attract savers. "
Dinkelspiel mentioned that ‘on the list of best-selling funds, there is a mix of funds with exposure to high interest bonds and emerging countries’.
He continued by adding, ''When the tsunami hit savers were reminded of the risk involved in funds with exposure to high-risk bonds. Concepts such as "high interest" was instead "high risk" and the slump in prices we saw on the funds in the middle of the month meant that investors were afraid. "
Best-Selling Funds
1.Spiltan Fixed Income Sweden
2.Danske Fonder Sweden Liquidity
3.Brummer & Partners Lynx
4.Handelsbanken Commodity Fund
5.Brummer & Partners Nektar
6.Brummer & Partners Multi-Strategy 2XL
7.Franklin U.S. Opportunities Fund USD
8.Länsförsäkringar Fastighetsfond
9.GodFond Sweden and the World
10th GustaviaDavegårdh Small Companies
Best-selling funds
1.Nordea U.S. High Yield Bond Fund
2.Danske Invest Global Emerging Markets Small Cap
3.Länsförsäkringar Money Market Fund
4.Fidelity Thailand Fund
5.Evli European High Yield
6.Capinordic BRIC
7.Skagen Kon-Tiki
8.SEB Eastern Europe Small Cap Fund
9.Handelsbanken Latin America Fund
10.FIM Ukraine
Comments