Private savings in Russian funds have recently fallen sharply at the banks Avanza and Nordnet.
- We now see that every tenth customer with Russian funds has acted in some way and overall it is the outflows we see, says Nicklas Andersson, savings economist at Avanza.
The Swedish Pensions Agency also sees a trend break, the number of fund changes has increased.
On Thursday, three times as many took place as usual.
- The trade has consisted of both buyers and sellers, so there seem to be positions on both sides, says Ole Settergren, head of analysis at the Swedish Pensions Agency.
Trading can be stopped completely
At the same time, both the Swedish Pensions Agency and several banks have flagged that there are risks in trading Russian securities.
- There are extreme movements on the Russian stock market right now.
In addition, there is a risk that you will be stuck with securities that are stopped from trading due to international sanctions, or that it is not possible to determine the price of the funds, says Frida Bratt.
Risk of lower pension
Today, about 100,000 Swedes have chosen Russian funds as part of their premium pension.
The value of these has fallen sharply when the stock market crashed in Moscow on Thursday, where the index fell by more than 50 percent.
Depending on the continued development, some pensioners in Sweden thus risk a lower pension after the turn of the year, when the value of the funds is determined.
- It can affect the pension, but the premium pension constitutes a fairly small part of the total pension.
I therefore see no major danger that there will be any major impact, says Ole Settergren at the Swedish Pensions Agency.
Anyone who wants to review or change their fund choices in the premium pension is referred to the Swedish Pensions Agency's website.