Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (186 kB)
Prospectus (1393 kB)
Periodic reports
Sustainability SFDR (925 kB)
Annual review (PF) (2874 kB)
Semi-annual report (1799 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Amerika Tema (A9 SEK)
Legal name: Handelsbanken Amerika Tema (A9 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 primarily in equities issued by companies in the US as well as in Canada and Mexico. As a result, the fund has a currency exposure to these markets.
The thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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 thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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
Niklas Lundin Experience in the fund industry 1989. Portfolio Manager since 1 February 2018.
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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 |
|---|---|---|---|---|---|---|---|
| 203.06 SEK | 1.21% | 3.10% | 7.33% | 17.59% | 37.70% | - | - |
Portfolio 26.04.2024
Performance was positive in the US stock market and the fund rose just over 16% in SEK during Q1, driven by an unexpectedly strong economy, a stable consumer sector and advances within generative AI. Growth in the US economy continues to be surprisingly strong and appears to be avoiding a recession. The US central bank signaled that inflation is under reasonable control and the market is now pricing in a stabilization to interest rates, with rate cuts expected in 2024. The combination of economic growth and expectations for lower interest rates creates a favorable environment for further positive stock market growth during the year.
Fund returns benefited from the strong performance of Nvidia and Broadcom, which focus on the construction of the infrastructure related to the AI phenomenon. Holdings in Eli Lilly also posted strength after good news about their obesity drug. The home furnishing company Williams Sanoma also demonstrated that it is possible to increase margins despite struggles in sales. Lastly, we are pleased to conclude that Core & Main, which is a relatively new holding, contributed strongly to returns during the quarter.
The demand for electric cars remains extremely weak in the US, which has led to concerns about our holding in ATS. This concern may be warranted but has been largely priced in by the market. The holding in Dynatrace, which provides monitoring of cloud services, posted weak performance that was partly unmerited.
The fund sold and purchased a number of companies. The most notable new investments were made in Meta and the industrial company Willscott Mobile Mini, as well as the divestment of the footwear company Nike and the software company Salesforce.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
