Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (179 kB)
Prospectus (1287 kB)
Periodic reports
Sustainability SFDR (882 kB)
Annual review (PF) (2836 kB)
Semi-annual report (1799 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Hållbar Energi (A1 NOK)
Legal name: Handelsbanken Hållbar Energi (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 with a focus on sustainability. The fund globally invests in companies that develop or use technologies and methods to limit global warming by directly or indirectly limiting carbon dioxide and other greenhouse gas emissions, including companies that can positively contribute to more efficient energy use. Growth in the area has been very strong and continued challenges in the climate area are pointing to similar prospects going forward. For further information, please refer to the fund's prospectus.
The fund is reported as an Article 9 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
The fund is reported as an Article 9 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
Fund manager
Patric Lindqvist Experience in the fund industry 1990. Portfolio Manager since 1 October 2015.
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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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30.04.2024
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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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The fund has sustainable investments as its objective. Accordingly, the fund invests in companies with products and services that are considered as contributing positively to the direct fulfillment of one or several of the targets in Agenda 2030. Refer to the fund's prospectus for additional information. The fund is reported as an Article 9 fund pursuant to EU regulation on sustainability-related disclosures in the financial services sector (SFDR). Read more |
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29.02.2024
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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. |
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The Nordic Swan Ecolabel is the official sustainability ecolabel for the Nordic countries, with the purpose of providing guidance to fund savers about good environmental choices. The Nordic Swan Ecolabel requires a fund to meet 23 mandatory standards governing inclusion, exclusion, engagement and transparency. Read more in the fund's Nordic Swan Ecolabel report and at www.svanen.se/spararen.
Ongoing dialogues: ENEL (human rights, Western Sahara) Iberdrola (human rights and the environment, Brazil) JinkoSolar Holding (employee rights, China) More information about the fund's sustainability work is available in the Sustainability Report Nordic Swan Ecolabel.
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Graph
Performance
| Rate 08.05.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
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| 320.41 NOK | 2.51% | 4.39% | 4.80% | -4.42% | -18.56% | 93.52% | 220.25% |
Portfolio 26.04.2024
Performance during Q1 2024 was negative, although the fund performed slightly stronger in both absolute and relative terms during the latter part of the period. A driver to the weaker share price performance was the interest rates that, after a significant decline during Q4 2023, rose slightly at the outset of the quarter but then stabilized. Company reports overall were slightly stronger than during the previous quarter.
Energy savings within both industrials and construction, as well as climate-smart foods, were the strongest contributors to performance, while solar and energy storage had a negative impact. Companies such as Bakkafrost, Nextracker and TSMC were among the strongest positive contributors. The most negative impact was posted by Sunnova and Sunrun, driven by excessive concerns about balance sheets and refinancing risks, as well as EDPR, where weaker energy prices in the EU and poor wind power conditions weighed on outlooks for 2024.
The weaker share price performance in the climate sector stands in contrast to the additional climate investments that grew 17% in 2023 and according to IEA are expected to accelerate until 2030. Converting ambitions into concrete laws and regulations has been sluggish on the policy front. Despite this, the process is moving in the right direction, which can already be seen in certain segments in companies’ order books. Although the US election can result in an elevated tone within the climate segment, many of the climate proposals have widespread support across the parties, even though certain leading politicians point in another direction.
Interest rates continue to be a significant factor for development in the sector. We have seen a stabilization of interest rates in the past month and the central banks are signaling that the trend should be moving toward lower interest rates going forward.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
