Factsheet and Information Brochure
Factsheet
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Fund rules (163 kB)
Prospectus (1399 kB)
Periodic reports
Sustainability SFDR (934 kB)
Annual review (PF) (2889 kB)
Semi-annual report (1799 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Nordiska Småbolag (A1 NOK)
Legal name: Handelsbanken Nordiska Småbolag (A1 NOK)
Equity Fund Registered in Sweden (UCITS)
Bid
About risk
Historical yields are not a guarantee of future returns. A fund can both increase and decrease in value and it is not guaranteed that you will recover the entire invested amount. Note that a fund with risk level 5-7, as stated in the fund's fact sheet (KID), can vary greatly in value due to the fund's composition and management methodology. The prospectus, fund rules and KID are available under each fund. Summary of investors' rights.
The fund is actively managed and invests in equities and equity-related instruments issued by small and mid-sized companies headquartered in Sweden, Norway, Denmark, Finland and Iceland, or in companies traded on a regulated market in the Nordics. The fund thereby has a currency exposure in these markets. Investments are made in companies with market values at the time of the investment that do not exceed the market value of the largest company in the fund’s benchmark index. The fund may also invest in larger companies and in unlisted companies if we deem this to be beneficial to unit holders.
The fund is reported as an Article 8 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
Fund manager
Tore Marken Experience in the fund industry 1996. Portfolio Manager since 1 January 2008.
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The risk indicator provides guidance on the risk level for this product relative to other financial products. It shows the likelihood that the product will decrease in value due to market performance. Risk level 1 represents a low risk and risk level 7 is a high risk.
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30.06.2024
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The rating shows which funds have historically posted the strongest performance in relation to risk. Ratings are denoted by a scale of one to five stars, with five as the highest rating. A fund must have a performance history of at least three years to receive a rating.
Read more about the fund's rating |
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This fund promotes environmental and social characteristics through its investments but does not have sustainable investments as its objective. As a result, the fund takes into consideration the environment and climate, as well as human rights, employees’ rights and corruption. The fund is reported as an Article 8 fund pursuant to EU regulation on sustainability-related disclosures in the financial services sector (SFDR). |
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30.04.2024
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The sustainability rating is developed by the fund information company Morningstar. The rating measures how well the fund's investee companies manage sustainability risks relative to other funds within the same global Morningstar category. If the fund has invested in government bonds issued by sovereign states, the respective country's sustainability risk is included in the calculation. The analyzed funds can receive a sustainability rating between 1 and 5 globes, with 5 as the highest rating. The fund complies with the UN Principles for Responsible Investments. |
Graph
Performance
| Rate 12.07.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 1,838.68 NOK | 3.07% | 2.16% | 9.61% | 17.42% | 29.73% | 69.96% | 251.93% |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Fund performance was positive in the quarter and the fund rose 2% in SEK. Stock market performance in the Nordics was strong during the period and the entire market rose 5.1% (MSCI Nordic). The fund outperformed the global index, MSCI World, which rose 3.2%. In the Nordics the broad Danish index rose the highest with an upturn of 8.2%, while Sweden rose 2.4%, Finland rose 4.4% and Norway rose 7.1%.
The signs in Europe indicate that the economy has begun a recovery and employment is robust. The strong economy in the US meant that the expectations for the timing of rate cuts by the US central bank has moved forward to the end of the year. Rate cuts from the European Central Bank and the Riksbank are welcomed. The rate cuts by the central banks are expected to provide support to both the economy and the equity market. In the Nordics it is predicted that consumers’ finances will improve during the year with higher real incomes, declining inflation and lower interest rates. Company profit outlooks also appear more positive. With optimism about a soft landing for the global economy and the peak in interest rates now behind us, the equity market has shown a strong rebound and the future looks promising.
During the quarter the fund increased its investments in AAK and decreased in SCA. Companies that contributed to fund returns included AAK, Crayon and Zealand Pharma, while the holdings in Chemometec, New Wave and Nibe had a negative impact on returns.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
