The Swedish Fund Selection Agency (FTN) has given notice for the procurement of actively managed global technology funds that invest primarily in large- and mid-cap companies.

The procurement covers approximately SEK 153bn and is expected to affect around 500,000 premium pension savers.

Whilst there are currently nine global technology funds in the IT and communications fund category on the fund platform, FTN has confirmed that it only plans to procure up to eight funds in this category.

FTN will terminate the existing fund agreements, but these funds will remain available for trading until the procurement process is completed and new fund agreements are signed.

Commenting on the news of the procurement, FTN executive director, Erik Fransson, said: “We want to give savers access to some of the most attractive technology funds on the market.

"The aim is to raise the quality of the fund platform and strengthen savers' opportunities for good long-term returns. We hope to see considerable interest from fund managers around the world."

The last day for tenders will be 11 December 2025.

Procurement of both actively managed US equity funds and US index funds is next in line for the FTN, with notice expected to be given in Q1 2026, despite initially being slated for the second half of 2025.    

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