When PLUS Asset Management selected ISEC Services as their new ManCo, it marked a key milestone in the firm’s continued expansion. In this interview, co-founder Emil Ahlberg explains why ISEC was chosen, how the transition was carried out, and what lies ahead.
A strategic step in a growing journey
Already early in the tendering process we got strong confidence in ISEC’s understanding, attentiveness and capability. Efficiency and high quality in the administration and management of the funds are naturally key attributes to us.
Another important criterion was to have a good platform to grow from, with the launch of new funds. Finally, we wanted to achieve this with fair terms for both parties.
Having now worked together for a few months since the funds were moved to ISEC, we can ascertain that our high expectations of the collaboration with ISEC have been exceeded.
A structured and smooth transition
Transferring fund operations is no small task, but PLUS describes the process as efficient and well-aligned with their needs.
“ISEC was very accommodating to align the activities in the transition process to our preferred timeline. Overall, the transition process went smoothly, and we would also like to extend our thanks to our previous fund hotel who contributed to the efficient and professional transition process.”
Ann-Louise McCaffrey, Account Manager at ISEC Services, agrees:
The collaboration with PLUS Asset Management AB to transition the funds to ISEC went very smoothly. The process was seamless, the dialogue was constructive, and together we established well-functioning procedures.
Managing index funds is more time-consuming than one might expect, but our portfolio manager, Philip Wejdelind, has applied his quantitative mindset to develop efficient processes that ensure the management of the funds runs very smoothly.
Why invest in PLUSfonder?
PLUS funds distinguish themselves through low management fees and broad diversification within each fund’s segment. For example, the PLUS Allabolag Sverige Index fund invests in all 365 companies included in its reference index and carries a management fee of just 0.20%. This aligns with research showing that low fees are one of the most important factors for achieving higher long-term returns.
In addition to broad index exposure, PLUS also offers niche strategies. These include PLUS Fastigheter Sverige Index – the lowest-cost Swedish real estate fund – and PLUS Mikrobolag Sverige Index, which focuses on smaller listed companies on the Stockholm stock exchange.
What’s next for PLUS?
Since its launch in 2017, PLUSfonder has grown steadily — both in assets and investor base. The ambition for the coming years is clear.
Our ambition is to continue to grow the knowledge of PLUSfonder and index funds and to increase the investor base further and to launch one or two new funds during the coming 12 months.
Emil Ahlberg
Co-founder PLUS fonder
