Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (164 kB)
Prospectus (1390 kB)
Periodic reports
Sustainability SFDR (929 kB)
Annual review (PF) (2875 kB)
Semi-annual report (1799 kB)
Marketing material
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Europa Selektiv (B1 SEK)
Legal name: Handelsbanken Europa Selektiv (B1 SEK)
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 16-35 equities over the long term that are issued by European companies and thereby has a currency exposure to these markets. Our focus is to construct a portfolio of high-quality companies with a variety of drivers and good outlooks and a reasonable valuation.
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 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
David Cederberg Experience in the fund industry -. Portfolio Manager since 1 June 2023.
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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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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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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. |
Graph
Performance
| Rate 08.05.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 215.86 SEK | 2.07% | 2.66% | 7.40% | 11.25% | 16.15% | 55.11% | 113.76% |
Portfolio 26.04.2024
Fund performance was positive during Q1 2024 and the fund rose just over 10% in SEK.
Major contributors within the technology sector were SAP and ASML, while Novo Nordisk was a strong contributor within healthcare and Essilorluxottica and Richemont posted strength within consumer goods. Compass Group and ING also contributed positively to returns.
JD Sports, Infineon, Edenred and Prudential had the most negative impact on returns in the period.
JD Sports lowered its outlook in January, which caused shares to plummet after a strong close to 2023. Although consumer demand remains weak, we chose to increase the position slightly as we see good opportunities for higher demand during the year, which was confirmed by the company in conjunction with its financial statement.
Leading companies within the luxury segment have posted strength thus far this year, which is reflected in the returns we received in Richemont and EssilorLuxottica. Within the technology sector, ASML and Infineon are balancing between an emerging recovery in the semiconductor sector and geopolitical tensions. At the beginning of the year, ASML benefited from an earlier than expected uptick in orders, which lifted the share. However, Infineon has been weighed down by concerns about the overall demand for their products as well as by the risks of losing market share in China.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
