The Swedish Investment Fund Association
Purpose & Function
The Swedish Investment Fund Association was formed in 1979 to promote fund activities in Sweden. The association protects fund unit holders (savers) and fund management companies' interests. The association is also a contact body for fund management companies with operations in Sweden.
As the recognised representative for the industry, the official consultative body and shaper of public opinion, the Association has an important mission. The goal is to promote a level playing field for fund operations in Sweden and to have an industry which enhances its legitimacy and credibility through self-regulation.
Another important mission is to help strengthen the confidence in investment in mutual funds and for the investment funds industry among the general public, policy makers and the media.
The Association currently has 47 full members, fund companies or companies managing funds. These members together comprise 90% of the Swedish fund market. The Association also has 14 associate members.
See above. The association also has a self-regulatory role by issuing guidelines for the industry e.g. a Code of conduct for fund managers.
Our main sources of regulatory information of our jurisdiction are:
- Lagen om värdepappersfonder (UCITS Fund Act), SFS 2004:46, available in Swedish.
- The Swedish Financial Supervisory Authority, FFFS 2013:9 regulations governing investment funds, available in English.