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

The procurement is expected to affect around 237,000 premium pension savers.

Whilst there are currently 10 actively managed and six passively managed US and North American equity funds on the premium pension platform, FTN has confirmed that it intends to procure up to four funds in each category.

The procurements of the actively managed funds and the passively managed funds will be carried out separately and in parallel.

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, FTN executive director, Erik Fransson, said: “US and North American markets constitute the largest equity market in the world and are a central component of many people’s long-term savings.

“It is important that pension savers are given access to this market, not least from a freedom-of-choice perspective. Through the upcoming procurement, we aim to strengthen the conditions for achieving good long-term returns for savers.”

The submission deadline for tenders is 22 April 2026.

Tenders must be submitted via the e-Avrop procurement platform, and a tender fee must be paid on submission. All questions regarding the procurement must also be asked on this platform.

FTN outlined its 2026 Procurement Plan at the end of last year and confirmed that the procurements of equity and index funds in the US & North America category were on track to be announced during the first quarter of 2026.

In addition, FTN said this would be followed by the procurement of healthcare and biotech funds, currently totalling 11 on the platform, which will be announced later in 2026.

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