The net inflow for April includes an inflow of SEK 2,200 million linked to closer cooperation with an asset management firm. This is estimated to contribute to a net inflow of SEK 4,500 million. The remaining capital is expected to be transferred in May and June.
During April, the customers of Avanza bought funds worth just under SEK 3 billion, net. At the end of the month, savings capital invested in mutual funds amounted to SEK 104 billion.
|Net inflow, SEKm||7,900||*||9,090||-13||3,320||138|
|Savings capital, SEKm||407,400||368,200||11||354,000||15|
|of which deposits||81,700||*||84,300||-3||57,500||42|
|of which margin lending||4,830||*||4,290||13||4,620||5|
|of which mortgage loans||8,510||*||8,390||1||6,390||33|
|of which external mortgage volume (Bolån+)||10,700||*||10,400||3||7,300||47|
|No. of commission generating notes per day**||165,300||187,100||-12||71,800||130|
* Preliminary figures.
** Excluding commission notes for mutual funds, Avanza Markets, equities in brokerage class “Start” and institutional customers.
For further information please contact:
Sofia Svavar, Head of Investor Relations, +46 70 761 80 53, email@example.com
Avanza is a digital platform for savings and investments, founded in 1999. The Parent Company, Avanza Bank Holding AB (publ), is listed on the Stockholm Stock Exchange. Avanza’s customer promise is a better return on your savings than with any other bank or pension provider in Sweden. Services include saving in shares, funds, savings accounts, mortgages and a strong pension offering. Avanza has more than 1 million customers with over SEK 400 billion in total savings capital. This is equivalent to 4.5 per cent of the Swedish savings market. Avanza is largest in terms of number of transactions among Swedish banks on the Stockholm Stock Exchange including First North. During the last ten years Avanza has won SKI’s (Swedish Quality Index) award, “Year’s Most Satisfied Savings Customers”. For more information visit: investors.avanza.se