Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (152 kB)
Prospectus (1391 kB)
Periodic reports
Sustainability SFDR (922 kB)
Annual review (PF) (2856 kB)
Semi-annual report (1799 kB)
Marketing material
Brief fund information
Summary SFDR (145 kB)
Handelsbanken Ränteavkastning (B1 SEK)
Legal name: Handelsbanken Ränteavkastning (B1 SEK)
Bond 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 fixed income securities in SEK issued by a state, a municipality, or by a government or municipal authority in a country within the EEA or by an intergovernmental agency in which one or several states within the EEA are members, as well as in covered bonds. The average residual fixed interest duration for fund investments is between 0 and 7 years.
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
Mikael Rosell Experience in the fund industry 1997. Portfolio Manager since 15 October 2018.
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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 |
|---|---|---|---|---|---|---|---|
| 1,047.36 SEK | 0.65% | 0.92% | 0.73% | -0.11% | 3.58% | -2.76% | 2.77% |
Portfolio 26.04.2024
Q1 2024 was characterized by rising interest rates. The market’s certainty that the central banks worldwide are closing in on cycle of interest rate cuts was challenged by a relatively modest but seemingly resilient growth and a strong risk sentiment. The steady increase in the prices for services also highlighted the risk that inflation can become entrenched at levels that are too high. We stand firmly behind our assessment that a further broad downturn in economic activity, declining profit margins and higher unemployment is necessary to return inflation to target levels. However, the impact of the monetary policy has a time lag and we expect the full effects of previous rate hikes to become clearer during the upcoming quarters.
However, the strong risk sentiment and the subsequent recovery in the general sentiment increases the risk that the downturn in inflation can prove to be slower than expected, which may be a significant challenge for both central banks and markets going forward.
The fund remains positioned for a steeper yield curve and we believe that the position provides good protection against clear economic headwinds, a high risk for a recession and a vulnerable market sentiment. Our assessment is that the Riksbank will begin to cut rates during the summer. At the same time, the weaker outlooks for public finances and the Riksbank’s active sale of government bonds will continue to increase the supply of these bonds. As a result, we are maintaining an overweight in other AAA-rated bonds, such as covered mortgage bonds and bonds issued by Swedish municipalities. In an effort to further increase the fund’s resilience, we increased the fund’s duration in short-term bonds and continued to reduce the exposure in less liquid bonds that are more reliant on a positive risk appetite.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
