Equity fund
Equity funds are suitable for people who want to save for more than six years and who can tolerate volatility in value in the meantime. You can choose between active management or index-based management.
What is an equity fund?
An equity fund is a fund where at least 80% of the money is invested in shares. With an equity fund, you have ownership interests in many companies, which means that the risk is spread. The value of an equity fund will fluctuate, and we therefore recommend a savings period of at least six years.
The expected annual return on an equity fund is approximately three to five percent more than in a savings account over a period of at least six years. You can withdraw the money from the mutual fund whenever you want, and if you get more money back than you’ve deposited into the mutual fund, you’ll have to pay tax on the profit.