Factsheet and Information Brochure
Factsheet
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Fund rules (181 kB)
Prospectus (1391 kB)
Periodic reports
Sustainability SFDR (929 kB)
Annual review (PF) (2867 kB)
Semi-annual report (1799 kB)
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Brief fund information
Summary SFDR (145 kB)
Handelsbanken Norden (A10 SEK)
Legal name: Handelsbanken Norden (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 primarily in equities and equity-related instruments issued by companies headquartered in Sweden, Denmark, Finland, Norway and Iceland, or in companies traded on a regulated market in the Nordics and thereby has a currency exposure in these markets. The fund also has the option of investing a maximum of 10% of the fund capital in companies headquartered in other European countries.
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
As of 20 March 2024, the fund rules will be updated and the fund name will be changed to Handelsbanken Norden (previously Handelsbanken Norden Tema).Read more
Fund manager
Per Andersson Experience in the fund industry 1997. Portfolio Manager since 1 January 2020.
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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 |
|---|---|---|---|---|---|---|---|
| 2,105.17 SEK | 1.42% | 3.39% | 11.94% | 13.99% | 19.67% | 71.77% | 182.52% |
Portfolio 26.04.2024
Fund performance was positive during the quarter and the fund rose almost 11% in SEK. The Nordic markets showed positive returns in Q1, with Denmark posting the most strength driven by Novo Nordisk, followed by Sweden. Norway and Finland posted weaker performance. In addition to major variations in equity returns between markets and sectors, there were large fluctuations in the Nordic exchange rates, where the SEK and NOK weakened against the EUR and DKK.
The strongest individual contributors to returns were Novo Nordisk, Zealand Pharma, Investor, Pandora, Volvo, NKT, Mycronic, Electrolux Professional and New Wave, while Maersk, Sinch and Nordic Semiconductor had the most negative impact.
New significant holdings include Skistar, Schibsted, Autostore, Stora Enso, EQT, Norsk Hydro, Bakkafrost and Esssity. Divestments in the portfolio included Alfa Laval, Epiroc, Nordic Semiconductor, Addlife and Maersk.
The fund changed its name on 20 March from Norden Tema to Norden. This change provides more liberal investment rules and enhanced opportunities to invest in more value-based equities, although we continue to identify long-term structural growth. We prefer growth companies and avoid unprofitable companies with high debt and business models that are unable to manage the prevailing interest rate levels.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
