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Swedish Shareholders' Association

Sveriges Aktiesparares Riksförbund (the Swedish Shareholders' Association) - is an independent organisation working in the interests of private individuals who invest in stocks, mutual funds and other stockrelated securities.

Aktiespararna was founded in 1966 and over the years has evolved from having a membership of around 100 at the start to around 70 000 members in 2011.

Activities began on a modest scale and were based on voluntary efforts. Today the association is represented throughout the country.

1972 saw the foundation of the association's first local section. The number of local sections currently numbers nearly 150, all of which are run through the voluntary efforts of the members.

Aktiespararna now has a subsidiary, the service company Aktiespararnas Service AB, which in turn has another subsidiary, an investment company, Aktiesparinvest AB.

The association's activities are divided into three different areas:

  1. Defending the small shareholders rights, keeping track of matters concerning individual stock ownership, corporate and stockmarket law and the taxation of stocks, attending annual general meetings on behalf of members, giving legal advice to members and conducting lobbying activities;
  2. Information and education, which includes producing the magazine Aktiespararen (The Shareholder) with 130 000 readers/edition, providing education and information through Aktiespararna Utbildning (schools) and the publishing of books. This section also deals with the organisation of local meetings, theme days and company visits and provides stockmarket advice;
  3. Stocktrading services provided through Aktiesparinvest (regular investments) indexfond Aktiespararna Topp Sverige, Juniorspar and Pensionspar (pensions).

In 1990 the youth movement of the organisation broke away from the parent organisation and Sveriges Unga Aktiesparare (Sweden's young investors) was formed. The youth association co-operates closely with the parent organisation and has around 10 000 members.

Aktiespararna is a member of the World Federation of Investors, which today encompasses investors' organisations in 20 countries, representing about 500 000 stockmarket investors.

The association is also a member of Ägarfrämjandet (which promotes private ownership in Sweden), the European Shareholders' Group and the International Corporate Governance Network.