Swedish Defined Risk 6 are showing concerns about the economic recovery in the world.

- In Asia and particularly all of China as the central authorities have begun withdrawing some of the Economic stimulus given during the financial crisis. These intentions created a concern among investors in January who chose to repatriate capital, which resulted in a sharp downturn on the stock exchange. On the European continent the greatest question marks are around Greece. The country has a high national debt and the Official statistics have proved to contain errors. Overall, this has meant that investors require extra compensation in the form of higher interest rates to take Greek government bonds, which makes it more expensive for the country to pay their loans. Concerns have also rubbed off on the euro which weakened sharply against the U.S. dollar in January, writes Defined Risk 6.

- Taken together, these factors make us very cautious about the stock market. We have chosen to reduce our exposure to emerging markets. We are remaining cautious in our approach to equities in general, writes Defined Risk 6.

Defined Rsik 6 1.15 pct in January.