The Swedish Fund Selection Agency (Fondtorgsnämnden) has today released a preliminary procurement specification for the upcoming selection of actively managed global technology equity funds.
Photo credit: Oscar Nord / Unsplash
Sustainability at the Core
Notably, the procurement underlines the Agency’s continued emphasis on ESG and responsible investment.
According to the draft:
- All applying funds must meet Article 8 or Article 9 of the EU Sustainable Finance Disclosure Regulation (SFDR)
Key Investment and Structural Criteria of FTN
Funds must also comply with the following requirements:
- UCITS-compliant (excluding ETFs and self-managed structures like SICAVs)
- Actively managed with a minimum active risk of 2% or 60% active share
- Use of accumulating share classes only
- Investments must be in large and medium-sized technology companies globally
- Benchmarks used must be transparent, rules-based, and publicly disclosed -aligned with MSCI World IT 10/40, the designated category benchmark
Engagement Timeline
The current document is a draft specification, shared early to invite input from potential tenderers.
Comments and questions can be submitted to FTN until August 31, 2025, via [email protected].
The formal procurement notice is expected in late September or early October 2025.
Click here to view the procurement specifications.