Factsheet and Information Brochure
Factsheet
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Fund rules (171 kB)
Prospectus (1626 kB)
Periodic reports
Sustainability SFDR (1082 kB)
Annual review (PF) (3187 kB)
Semi-annual report (PF) (199 kB)
Marketing material
Brief fund information
Summary SFDR (168 kB)
Handelsbanken Europa Selektiv (A10 SEK)
Legal name: Handelsbanken Europa Selektiv (A10 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.
For this fund, the fund company's Enhanced exclusion level applies. For information about sectors that the fund excludes, see the Detailed information tab.
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).
For this fund, the fund company's Enhanced exclusion level applies. For information about sectors that the fund excludes, see the Detailed information tab.
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 Spotlight
The fund rules will be changed on 10 October 2025.Read more
Fund manager
Viking Kjellström Experience in the fund industry 1996. Portfolio Manager since 16 June 2025.
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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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30.06.2025
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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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30.04.2025
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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 10.07.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 461.06 SEK | 1.30% | 1.03% | 13.56% | 4.33% | -1.54% | 56.01% | - |
Portfolio 09.07.2025
Portfolio manager comments — Q2 2025
Portfolio Manager’s Comment – Q2 2025 Fund performance was positive during the second quarter, rising by nearly 5% in SEK.
The largest positive contributors to returns were Diploma, BNP Paribas and Autoliv, followed closely by Handelsbanken, Infineon and Bawag. These holdings share strong quality characteristics compared to their peers.
Among the largest negative contributors were DSV and AstraZeneca. Partners Group, Intesa Sanpaolo, ASM and Croda also weighed on returns. In several cases, this was due to the timing of divestments made during periods of market uncertainty. For example, Intesa Sanpaolo and Croda were sold in a weaker market environment but were replaced by holdings that have since performed well – including the increased position in BNP Paribas.
In addition to the positive contribution from Carl Zeiss, which was later divested, healthcare companies weighed on returns during the quarter, primarily due to uncertainty around tariffs and price regulations in the US market.
In the consumer sector, the fund divested Autoliv due to increased external risks. The holding in TUI was also sold as geopolitical developments drove up volatility in the equity.
During the quarter, the fund invested in Continental ahead of the company’s planned restructuring. The assessment is that cash flows from the core business will become more visible, while other assets may potentially be divested to unlock value for the company and its shareholders.
The fund now has a more growth-oriented profile, with large active positions in SAP and Richemont, as well as industrial companies such as Diploma, Schneider Electric and Siemens, which are focused on areas with higher growth potential than the broader economy.
Portfolio distribution 30.06.2025
Geographic breakdown 30.06.2025
