Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (160 kB)
Prospectus (1386 kB)
Periodic reports
Sustainability SFDR (924 kB)
Annual review (PF) (2868 kB)
Semi-annual report (1799 kB)
Marketing material
Brief fund information
Summary SFDR (144 kB)
Handelsbanken Global Selektiv (B1 SEK)
Legal name: Handelsbanken Global 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 16-36 companies on the global stock markets. Our focus is on constructing a portfolio of high-quality companies with a variety of drivers and strong outlooks at 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
Viking Kjellström Experience in the fund industry 1996. Portfolio Manager since 1 July 2019.
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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 |
|---|---|---|---|---|---|---|---|
| 241.44 SEK | 1.34% | 1.90% | 4.75% | 13.14% | 20.96% | 63.98% | - |
Portfolio 26.04.2024
Fund performance was positive during Q1 2024 and the fund rose just over 13% in SEK. Performance during the last month of the quarter in particular was strong.
The primary contributors to fund returns included companies such as TSMC, the new holding in Meta as well as Microsoft, Novo Nordisk and ASML.
On the negative side were significant positions in HDFC Bank, Teleperformance and Edenred. All of the equities were affected by negative news flow during the period but should improve going forward. Holdings in UnitedHealth Group, ADP and S&P Global also lagged the upward trend in the market during the quarter.
We divested the entire holding in AIA due to the weakening conditions in the Chinese economy and in the financial market in particular. Holdings in Nike, which is facing difficulties within an increasing number of areas, as well as Church & Dwight, were also sold. Both AIA and Nike posted weak performance during the period.
The fund’s investment in Apple underperformed significantly relative to other large technology company, which is unusual for Apple. In particular for a new Iphone cycle, the launch of Iphone 16, which is expected to cement the company’s focus regarding AI for mobile devices. The holding lowers the risk in the fund and increases its defensive characteristics. The fund is positioned with relatively few factor exposures: limited over- and underweights in regions or sectors.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
