Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (185 kB)
Prospectus (1619 kB)
Periodic reports
Sustainability SFDR (1094 kB)
Annual review (PF) (3204 kB)
Semi-annual report (PF) (198 kB)
Marketing material
Brief fund information
Summary SFDR (167 kB)
Pre-contractual SFDR
Pre-contractual SFDR (1146 kB)
Handelsbanken Norden (A10 EUR)
Legal name: Handelsbanken Norden (A10 EUR)
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.
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
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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30.09.2025
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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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31.07.2025
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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 13.10.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 190.87 EUR | -0.85% | 2.24% | 2.93% | 8.41% | 1.20% | 39.76% | 103.79% |
Portfolio 09.10.2025
Portfolio manager comments — Q3 2025
The fund posted a positive return during the quarter, gaining approximately 0.7% in SEK, which was slightly ahead of its benchmark, the SIX SRI Nordic 200 Net Index.
Nordic markets displayed significant differences in performance, with Finland and Sweden leading the gains while Denmark lagged, partly due to the weak performance of Novo Nordisk. The continued weakness in the Nordic region’s largest company is partly attributable to heightened concerns over regulatory changes and increasing competition. In general, markets remain influenced by rising protectionism, particularly from the United States, and ongoing geopolitical uncertainty. At the same time, interest rate cuts have served as a positive factor for overall market sentiment.
In Europe, a more coordinated stance on economic stimulus has been observed, with increased infrastructure investment initiatives, including in the Nordic region. We expect these measures to have positive spillover effects on the broader economy. Currency movements were somewhat less pronounced compared to the previous quarter.
The strongest positive contributors to performance were Genmab, H&M, ABB, Hexagon, SEB, Sandvik, Swedbank, Salmar, NKT, and MOWI. The largest negative contributors were Novo Nordisk, DSV, Asker Healthcare, and Novonesis.
During the quarter, the fund added new significant positions such as Dometic, a provider of products for recreational vehicles and boats, and the Danish pharmaceutical company H. Lundbeck. Divested holdings included Orkla, SoftwareOne, F‑Secure, Kesko, and Vimian.
We have seen relatively large market swings, and this is likely to continue, which is why we maintain a broad sector exposure. Global risks persist, and we continue to prefer Nordic and European exposure within our portfolio holdings.
Portfolio distribution 30.09.2025
Geographic breakdown 30.09.2025
