Länsförsäkringar shakes up fund range within unit-linked insurance

Written by Natalie Tuck

09/10/2023

Länsförsäkringar is shaking up its fund range within unit-linked insurance with the addition of a new sustainability-orientated fund.

It is introducing Coeli Circulus this month, while some other funds will be removed, with the aim of providing the most sustainability-orientated pension as possible.

Coeli Circulus is a global equity fund with a focus primarily on small companies with a focus on contributing to the achievement of the goals for sustainable development (the UN's global goals).

This includes, for example, renewable energy, energy efficiency, sustainable food production, low-emission transport, biodiversity conservation and water purification. The fund promotes sustainability according to EU regulations (Article 9, dark green) and Länsförsäkringar classifies it as sustainability-oriented within the pension range.

Furthermore, October will see the removal of two funds in the range, and those savers who are invested in the funds will have their savings moved to other funds. The two funds that will be removed are the DWS Invest Global Infrastructure and Handelsbanked Svenska Småbolag funds. Savers’ money in those funds will be moved to the DWS ESG Next Generation Infrastructure and Client Small Business funds, respectively.

In addition, those who save in Fidelity Asian Special Situations, Fidelity European Dynamic Growth, Fidelity China Focus Fund and Fidelity Global Focus Fund will receive a new unit class of the same fund.

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