Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (177 kB)
Prospectus (1500 kB)
Periodic reports
Sustainability SFDR (1017 kB)
Annual review (PF) (3123 kB)
Semi-annual report (PF) (190 kB)
Marketing material
Brief fund information
Summary SFDR (173 kB)
Pre-contractual SFDR
Pre-contractual SFDR (1030 kB)
Handelsbanken Hållbar Global High Yield (A10 SEK)
Legal name: Handelsbanken Hållbar Global High Yield (A10 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 green and/or social bonds in which the borrowed capital is used for projects and activities to promote efforts related to sustainability and the environment or in bonds issued by issuers that support a sustainable development in line with the Sustainable Development Goals. The fund invests worldwide in bonds with lower creditworthiness, so-called high yield, which results in higher risk as well as a greater potential for returns. The fund has an average duration between 2 and 6 years and the holdings are hedged in SEK.
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 9 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 9 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
Fund manager
Klas Wennerstein Experience in the fund industry 2014. Portfolio Manager since 24 May 2022.
|
|
||
|---|---|---|---|
|
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.
|
|
|
||
|---|---|---|---|
|
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 |
|
31.10.2025
|
|||
|---|---|---|---|
|
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 06.02.2026 | 1 week | 1 month | 3 months | 2026 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 122.64 SEK | 0.08% | 0.48% | 1.13% | 0.59% | 4.61% | - | - |
Portfolio 26.01.2026
Portfolio manager comments — Q4 2025
The fund delivered a positive return during the fourth quarter. The period was characterized by significant movements in interest rate markets and periods of increased macroeconomic uncertainty, but overall risk appetite in credit markets remained solid.
The fund delivered a positive return during the fourth quarter. The period was characterized by significant movements in interest rate markets and periods of increased macroeconomic uncertainty, but overall risk appetite in credit markets remained solid.
In the US, market developments were dominated by political uncertainty related to budget negotiations, resulting in the federal government being shut down for an extended period. The absence of ongoing macroeconomic data increased uncertainty regarding the economic outlook; nevertheless, the US Federal Reserve chose to cut policy rates on two occasions, in October and December, by a total of 50 basis points. The more dovish monetary policy stance contributed to falling US government bond yields and a slightly improved risk sentiment, which benefited the fund’s interest rate positioning.
In Europe, the quarter was marked by political turbulence, particularly in France, where uncertainty surrounding the budget process and S&P’s downgrade of the country’s credit rating created volatility. The European Central Bank kept policy rates unchanged but signaled a more hawkish tone going forward. Together with upward revisions to inflation and growth forecasts, this contributed to rising European government bond yields toward the end of the quarter. The Riksbank also chose to keep its policy rate unchanged, in line with market expectations, but Swedish interest rates were affected by the broader increase in European yields.
Credit markets showed good stability during the quarter. Credit spreads were largely unchanged in both the US and Europe, despite periods of concern related to AI related companies’ future funding needs, developments within US private credit, and political uncertainty in France. Against the backdrop of a marginally improved risk sentiment, the fund increased its exposure to US high yield during the quarter in order to reduce its previous underweight. The adjustment was carried out selectively, with a focus on issuers with stable cash flows and strong refinancing capacity.
During the quarter, the fund also participated in a newly structured green “energy efficiency bond” issued by Vasakronan, where the proceeds are earmarked for investments in properties that are not yet classified as green.