{"id":4484,"date":"2026-01-07T18:35:48","date_gmt":"2026-01-07T17:35:48","guid":{"rendered":"https:\/\/crescit.se\/?p=4484"},"modified":"2026-01-07T18:35:49","modified_gmt":"2026-01-07T17:35:49","slug":"marknadsbrev-december-2025-2","status":"publish","type":"post","link":"https:\/\/crescit.se\/en\/marknadsbrev-december-2025-2\/","title":{"rendered":"Market Letter December 2025"},"content":{"rendered":"<p>Stock markets ended 2025 with limited movement, but beneath the surface there were clear shifts. The US had a weaker finish, while Europe and Sweden performed better. At the same time, the interest rate cut cycle continued, and geopolitics continued to set the framework for risk appetite.<\/p>\n\n\n\n<p>Crescit is a flexible fund that can switch between stocks, fixed income and credit. During December, we chose to maintain a balanced risk level, rather than increasing equity exposure late in the cycle. We have gradually shifted from a costly US overweight to European markets and let the fixed income and credit leg carry a larger share of the return. The month yielded +0.18 %, and the full year 2025 adds up to +8.35 %.<\/p>\n\n\n\n<p>For the saver, this means a fund that seeks returns from multiple sources, not just the stock market. This can make the entire portfolio more robust in a situation where 2026 could start both sideways and jerky.<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/crescit.se\/wp-content\/uploads\/2026\/01\/Crescit-manadsbrev-december-2025.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of Crescit monthly newsletter December 2025.\"><\/object><a id=\"wp-block-file--media-01074b23-c3f0-4864-a348-b2abc7c21f36\" href=\"https:\/\/crescit.se\/wp-content\/uploads\/2026\/01\/Crescit-manadsbrev-december-2025.pdf\">Crescit monthly newsletter December 2025<\/a><a href=\"https:\/\/crescit.se\/wp-content\/uploads\/2026\/01\/Crescit-manadsbrev-december-2025.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-01074b23-c3f0-4864-a348-b2abc7c21f36\">Download<\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Aktiemarknaderna avslutade 2025 med begr\u00e4nsade r\u00f6relser, men under ytan p\u00e5gick tydliga skiften. USA hade en svagare avslutning, medan Europa och Sverige utvecklades b\u00e4ttre. Samtidigt fortsatte r\u00e4ntes\u00e4nkningscykeln , och geopolitiken fortsatte att s\u00e4tta ramarna f\u00f6r riskaptiten. Crescit \u00e4r en flexibel fond som kan v\u00e4xla mellan aktier, r\u00e4ntor och krediter. Under december valde vi att h\u00e5lla en [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4486,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30,19],"tags":[],"class_list":["post-4484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aktuellt-crescit","category-crescit"],"acf":[],"_links":{"self":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts\/4484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/comments?post=4484"}],"version-history":[{"count":0,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/posts\/4484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/media\/4486"}],"wp:attachment":[{"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/media?parent=4484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/categories?post=4484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crescit.se\/en\/wp-json\/wp\/v2\/tags?post=4484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}