Pension portfolio changes

Introduction

In Sweden the pension is run by the Swedish Pension Agency (Pensionmyndigheten). In my blog I will mostly write about my private savings. In addition to the pension mentioned above you also get a Occupational pension (Tjänstepension) if your employer offers it. I think it’s about 6-7 percent of your salary. The Occupational pension and the Premium Pension are the ones you can somewhat decide what you want to invest in. The yearly fees are heavily reduced when you buy and hold through the pension funds. Longterm high fees could decrease the returns significantly. I’m in my 30s and I won’t be able to access my pension until I’m 60-65 years old. Therefore I will look for higher risk.

Please read my previous posts for more information about my Pension plan.

https://thedollarmillionaire.com/2020/04/pension-plan-how-will-i-invest/
https://thedollarmillionaire.com/2020/06/reallocated-my-pension-fund/

Changes

For my Occupational Pension I can only buy my bank Nordeas funds.

Current distribution
35% Nordea International Fund – Obligationsinvest (mostly longterm Swedish bonds)
30% Nordea Obligationsfond korta placeringar II (mostly short term Swedish bonds)
20% Nordea 1-Alpha 10 MA Fund HB (I think it’s link)
5% Nordea Global Dividend Fund
10% Nordea International Fund – Asian Fund

New distribution:
20% Nordea International Fund – Obligationsinvest (mostly longterm Swedish bonds)
10% Nordea Obligationsfond korta placeringar II (mostly short term Swedish bonds)
20% Nordea 1-Alpha 10 MA Fund HB (I think it’s link – a hedge fund)
25% Schroders ISF China Opportunities
25% Nordea International Fund – Asian Fund

I’ve increased my exposure to Asia in General and in bought a fund exposed to China. I’ve sold my Global Dividend Fund.

Schroders ISF China Opportunities
https://www.bloomberg.com/quote/SCHCOPA:LX
Yearly fee: 0.7%

Top holdings

Trading plan

I expect the trend to continue. I might buy more if it dips. With my other Asian Fund I’ll get double exposure to Tencent and Alibaba. I’ll have a mental stoploss just below the lower trendline at around 450. I’ll check manually once or twice every quarter. I have no particular target. I’ll try to hold it longterm if nothing better comes up.

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