AMF Fonder shakes up fee structure to keep edge amid price pressure
Sweden's AMF Fonder is changing the cost structure of its actively-managed mutual funds in a bid to keep its competitive edge as pressure grows on fees in the sector. The mutual fund provider's CEO flags up the factors driving heightened rivalry on the Swedish fund market.
AMF Fonder – the mutual fund arm of SEK 619 billion (EUR 59.9 billion) Swedish pension fund AMF Pension – has cut the annual fee on its small cap fund AMF Aktiefond Småbolag.
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