Pareto Securities' Swedish portfolio delivered a negative return of -0.58 percent in November, underperforming the benchmark index OMSXSGI, which ended the month slightly positive at 0.03 percent.

Following this performance, the portfolio's return for the year stands at 9.06 percent, which is 1.23 percentage points below the OMXSGI with one month remaining in 2025.

Looking ahead to December, Pareto has decided to make significant changes to the portfolio.

A total of nine adjustments are being made. Bravida, Cibus, Afry, Lyko, Nordrest, SKF, Vitec Software, VNV Global, and Yubico are being replaced by Saab, Mildef, Assa Abloy, Hanza, Stendorren, Epiroc, Alfa Laval, Munters, and Storytel.

The portfolio was launched in February 2017 and has since delivered a return of 446 percent, significantly outperforming the benchmark index's 138 percent.