Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (188 kB)
Prospectus (1381 kB)
Periodic reports
Sustainability SFDR (921 kB)
Annual review (PF) (2859 kB)
Semi-annual report (1799 kB)
Marketing material
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Global Digital (A1 SEK)
Legal name: Handelsbanken Global Digital (A1 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 equities issued by companies that are considered as being positively affected by the digitalization investment theme. Investments are made globally and the fund thereby has a currency exposure. Digitalization is a theme that can span across several sectors and regions. The fund invests within sectors such as information technology and communication services.
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
Niklas Lundin Experience in the fund industry 1989. Portfolio Manager since 1 February 2023.
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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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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 |
|---|---|---|---|---|---|---|---|
| 147.77 SEK | 1.21% | 1.82% | 4.78% | 19.84% | 49.91% | - | - |
Portfolio 26.04.2024
Fund performance was positive during the quarter and the fund rose almost 20% in SEK. The positive trend in the equity market continued during Q1. Although inflation appears to be more persistent than expected at the outset of the year, the economy continues to show strength and it appears that a recession has been avoided. The market continues to price in rate cuts during H2 2024.
Technology and the Digitalization theme posted strength driven by AI, and companies that can benefit from this have posted strong performance.
Companies such as Nvidia, TSMC, ASML and Broadcom, which all benefit from the progress within AI, were among the contributors to fund returns. In addition, the holding in ReposiTrak rose sharply on the back of a strong momentum to orders. Holdings within streaming, such as Spotify, Netflix and Storytel, performed well due to strong user growth and higher profitability.
During the quarter the fund added Meta, Comcast and several smaller positions in a number of software companies. The Japanese IT consultancy company Nomura Research Institute was also added, while the fund divested holdings in Altus, Etsy and Oracle.
Surgical Science had a negative impact on returns after the company did not meet expectations in its recent quarterly report due to weak demand in several of their end markets. Adobe also lagged after performing strongly in 2023 due to concerns about the competition situation within AI following the company’s quarterly report.
As we saw during the previous quarters this year, companies within the Digitalization theme continue to be affected by the rapid developments within AI. Companies within different sectors are affected to varying degrees, although we expect those that can demonstrate benefits within their own AI strategies to succeed.
Portfolio distribution 30.04.2024
Geographic breakdown 30.04.2024
