Aktiespararna has introduced four new holdings into its portfolios, according to an update released on Thursday.
"We are ripping off the bandage and removing some chronic underperformers from the portfolios, while simultaneously reallocating and reducing exposure to the banking sector in favor of real estate," Aktiespararna stated.
In the core portfolio, major bank SEB is being sold, with real estate company Wallenstam taking its place.
In the dividend portfolio, grocery retailer Axfood is being sold and replaced by real estate company Cibus.
Within the small-cap portfolio, holdings in infrastructure network company Netel and Norwegian warehouse automation firm Autostore--both of which have shown exceptionally weak performance--are being divested. The replacements will be AAK, a producer of plant-based specialty ingredients, and investment company Kinnevik.
