Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (160 kB)
Prospectus (1387 kB)
Periodic reports
Sustainability SFDR (924 kB)
Annual review (PF) (2868 kB)
Semi-annual report (PF) (196 kB)
Marketing material
Brief fund information
Summary SFDR (144 kB)
Handelsbanken Global Selektiv (A1 EUR)
Legal name: Handelsbanken Global Selektiv (A1 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 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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30.06.2024
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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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31.05.2024
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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 22.07.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
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| 34.18 EUR | -2.62% | -1.30% | 5.82% | 11.70% | 17.01% | 50.04% | - |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Fund performance was positive during Q2 and the fund rose 2.7% in SEK. The strongest contributions were from
TSMC and the new holding in Apple. The fund purchased the holding in Apple after a downturn in its share price during the outset of the year when the company was significantly underperforming other technology equities. The analysis showed that the market had become too pessimistic about Apple’s performance in China and how the company was lagging behind within AI development. The position in Apple rose by 25% during the quarter. The fund also acquired equities in Broadcom, which rose by almost the same amount after a strong report. HDFC Bank, the fund’s Indian bank holding, was also positive and began trending upward after a period of decline.
Estee Lauder, Edenred and Accenture were the weakest positions during the period as these equities posted two-digit downturns.
The fund sold the holdings in Ecolab, Cooper Companies and EssilorLuxottica to make room for the new holdings in Apple, Broadcom and Edwards Lifesciences. Edwards Lifesciences, which is a global leader within heart valves, is expected to see accelerated sales when new products are launched and healthcare in the company’s major markets increasingly begin to reduce the healthcare queues that arose as a result of the pandemic.
The fund currently has an overweight of approximately 10% within technology. The overweight in Europe was reduced in conjunction with the new investments and is now at approximately 5%, with a corresponding underweight in Asia.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
