Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (186 kB)
Prospectus (1415 kB)
Periodic reports
Sustainability SFDR (927 kB)
Annual review (PF) (2881 kB)
Semi-annual report (1799 kB)
Marketing material
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Japan Tema (A1 EUR)
Legal name: Handelsbanken Japan Tema (A1 EUR)
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 issued by companies in Japan and thereby has a currency exposure to this market.
The thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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).
The thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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
Hiromi Okazawa Experience in the fund industry 2002. Portfolio Manager since 1 January 2024.
|
|
||
|---|---|---|---|
|
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.
|
|
30.04.2024
|
||
|---|---|---|---|
|
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 |
|
|
||
|---|---|---|---|
|
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). |
|
29.02.2024
|
|||
|---|---|---|---|
|
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 08.05.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 10.46 EUR | -0.29% | -3.15% | -1.04% | 3.46% | 8.84% | 30.42% | 111.31% |
Portfolio 26.04.2024
Fund performance was positive during Q1 2024 and the fund rose just over 13% in SEK. The Japanese market rose rapidly at the outset of the year and reached a new peak in Q1. Foreign investors added fuel to the market as a confirmation of the increased profitability in Japanese companies. It was also noticeable that foreign investors appreciated the higher company distributions and stimulated stock buybacks as a result of the policy initiated by the Tokyo stock exchange to enhance shareholder returns.
In addition, in January 2024 a new system was launched in Japan for the tax exemption of investments (NISA, Nippon Individual Savings Account). Assisted by this system, many local individual investors began to purchase equities and invest their capital in the market.
Semiconductors, IT and other high technology equities were the strongest sectors in the period, driven by high growth expectations for AI worldwide.
New additions to the fund included Softbank Group Corp, Advantest, Tokyo Electron and ULVAC, which contributed positively to returns. Financial equities posted stronger performance after the Bank of Japan ended its negative interest rate policy, which was favorable for companies such as Mitsubishi UFJ Financials, Japan Exchange Group and ORIX. Despite the policy change, the yen weakened further and export-related companies, particularly auto equities, rose even higher than in the previous year. This had a negative impact on the fund due to its underweight in auto equities. The fund invests selectively in high-quality companies that have the potential to attain higher profitability in line with structural growth themes.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
