Aktiespararna is replacing three stocks in its portfolios.
In the dividend portfolio, telecom company Tele2 is being removed after "a phenomenal return," where the decision has been made to take home the profits, as well as steel manufacturer SSAB due to volatile prospects for export companies.
The duo is being replaced by real estate company Wihlborgs and ball bearing giant SKF.
"The portfolio is underweight in real estate, and Wihlborgs fits in well there, with low-valued commercial properties. The choice of SKF is also partly about balance in the portfolio, as we want to maintain the cyclical element, but of a somewhat more tempered nature," writes Aktiespararna.
In the small-cap portfolio, Embracer is leaving for MTG. The change is being made because the positive factors surrounding Embracer in connection with the second spin-off are coming to an end. MTG is taking their place due to a low valuation and because, unlike Embracer, which has taken defensive measures, it is on the offensive with acquisitions.
In addition, some rebalancing of holdings is being carried out to achieve more even stock market positions, writes Aktiespararna.
Embracer Group AB, formerly THQ Nordic AB is a Sweden-based company engaged in the computer games development. The Company focuses on acquiring, developing and publishing personal computer (PC) and console games for Xbox and PlayStation platforms. The Company's game portfolio consists of owned franchises intellectual property (IP) and published titles, including Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory and Wreckfest, among others. It offers games through various distribution channels, including digital platforms, such as Steam, PlayStation Store and Xbox Live, as well as gaming conventions, and global retailers, such as Walmart, GameStop and Amazon. The Company has around 18 internal game development studios and operates in more than 40 countries.
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