Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (153 kB)
Prospectus (1263 kB)
Periodic reports
Sustainability SFDR (883 kB)
Annual review (PF) (2831 kB)
Semi-annual report (PF) (194 kB)
Semi-annual report (1799 kB)
Marketing material
Brief fund information
Summary SFDR (142 kB)
Handelsbanken Hållbar Global Obligation (A9 SEK)
Legal name: Handelsbanken Hållbar Global Obligation (A9 SEK)
Bond 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 an actively-managed fixed income fund that invests in sustainable bonds which are specifically issued for the purpose of financing improvements to the environment, climate, poverty or one of the other 17 UN Global Sustainable Development Goals. The fund invests worldwide in bonds that have a credit rating of Investment Grade, which refers to high-quality credit. The average residual maturity for the fund's investments total a maximum of seven years and holdings are currency-hedged in SEK.
The fund is reported as an Article 9 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
The fund is reported as an Article 9 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
Fund manager
Karin Göransson Experience in the fund industry 2006. Portfolio Manager since 20 February 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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The fund has sustainable investments as its objective. Accordingly, the fund invests in companies with products and services that are considered as contributing positively to the direct fulfillment of one or several of the targets in Agenda 2030. Refer to the fund's prospectus for additional information. The fund is reported as an Article 9 fund pursuant to EU regulation on sustainability-related disclosures in the financial services sector (SFDR). Read more |
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30.04.2024
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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 16.07.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 96.60 SEK | 0.36% | 0.48% | 1.73% | 1.20% | 5.10% | - | - |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Q2 was an eventful quarter. Global interest rates have fluctuated and several central banks began their phase of rate cuts. Inflation and the measures taken by the central banks have had an impact on the financial markets. In April, the focus of discussions was on whether or not the US central bank, the Fed, would cut its key rate in 2024, given that the US inflation rate is being more persistent than expected. This led to upturns in interest rates and weak stock markets. At the same time, geopolitical tensions continued in the Middle East.
However, the situation quickly changed and risk sentiment improved at the beginning of May. Fed chief Powell indicated that it is unlikely that the next policy rate move for the Fed will be a rate hike, which increased market expectations for a soft landing in the economy. The Riksbank chose to be one of the first central banks within G10 to cut its key rate, which was the first cut since 2016. The European Central Bank, ECB, followed with a cut in June. The credit markets have been functioning well and the market for new issues has been very active throughout the entire quarter.
Fund duration has been neutral to slightly long during these significant rate movements. We continued to invest in bonds with shorter durations as the short-term rates continue to offer higher yields than the long rates. We also invested in green bonds from two Norwegian companies: Eidsiva Energi and Elopak.
We also have taken note of the first impact- and allocation report from Natwest Group, where the financing targets small and mid-sized companies owned and operated by women. A total of 14,545 companies have received financing via the social bond, with the majority in England and diversified across sectors with the healthcare and care sectors accounting for approximately one-fourth of the financing.
Castellum, Caruna OY and Maersk were the strongest contributors to fund returns in the period.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
