The National Bank of Denmark published return figures showing Danish private investors in equity (stock) funds earned 19.7% in 2024, while bond funds returned 4.3% and mixed funds 10.6%. Equity-fund performance was primarily driven by large gains in US stocks, including technology names such as NVIDIA, Apple and Amazon, with around half of the return in Danish investment funds in 2024, measured in DKK, coming from US equities. Bond and mixed funds also delivered higher returns than in recent years as falling interest rates generated capital gains and positive bond returns following earlier bond losses when rates rose.
National Bank of Denmark 2025-01-30
National Bank of Denmark reports Danish private investors earned 19.7% from equity funds in 2024 driven by US stock gains
The National Bank of Denmark reported that Danish private investors in equity funds earned a 19.7% return in 2024, driven largely by gains in US technology stocks like NVIDIA, Apple, and Amazon. Bond funds returned 4.3%, and mixed funds 10.6%, benefiting from falling interest rates that led to capital gains and positive bond returns.