Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Prospectus (1381 kB)
Periodic reports
Sustainability SFDR (924 kB)
Annual review (PF) (2879 kB)
Semi-annual report (1122 kB)
Marketing material
Brief fund information
Summary SFDR (144 kB)
Handelsbanken Auto 50 Criteria (B1 SEK)
Legal name: Handelsbanken Auto 50 Criteria (B1 SEK)
Registered in Sweden (Non-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.
Objectives and Investment Policy
The fund is a rules-based mixed fund and its objective is to offer a pre-determined allocation. The fund is passively managed. 50% of the fund’s value shall be invested in equity funds and 50% in funds with exposure to the Swedish fixed-income market (target weightings). Fund returns are determined by how the fund's investments in equity- and fixed income funds increase or decrease in value. 50% of the target weighting in the equity exposure shall consist of funds with exposure to the global equity markets and 50% shall consist of funds with exposure to the Nordic equity markets. Fund holdings are rebalanced to correspond to the target weightings in conjunction with the turn of each quarter. In the event fund holdings are below or exceed any of the target weightings by +/- 2.5 percentage between the quarterly rebalancing periods, the fund’s holdings will be rebalanced to correspond to the target weightings. The fund invests a minimum of 90% of its assets in mutual funds within Handelsbanken.
The equity indices that guide the equity exposure are Solactive ISS ESG Screened Paris Aligned Nordic Index (20%), Handelsbanken Nordic High Dividend Low Volatility Criteria Index (5%), Solactive ISS ESG Screened Paris Aligned Developed Markets Small Cap Index (5%) and Solactive ISS ESG Screened Paris Aligned Global Markets Index (20%).
The fixed income indices that guide the fixed income exposure are Handelsbanken Sweden All Bond Tradable Index (25%), OMRXTBILL (18,75%) and OMRX Mortgage Bond 1-3 y Index (6,25%).
The fund is a non-UCITS fund, which means that the fund deviated from a securities fund by having substantial holdings in individual funds.
The fund can invest in derivative instruments as part of the fund’s investment focus. However, the use of derivative instruments is of such a nature that it only has a marginal impact on the fund’s risk level.
The share class normally distributes dividends in March each year. The objective is to annually distribute 3,0% of the value of the units at the time of the Management Company’s decision about distributions. However, distributions can be both higher and lower.
Normally, you may purchase and sell fund units every banking day.
Additional information about the sustainability work, the share class designation in parentheses and the management in relation to the funds benchmark index, may be found in the prospectus.
Recommendation: This fund may not be suitable for investors who plan to withdraw their money within 3 years.
Performance
In percent including distribution
The bar chart above shows the fund’s historical performance in SEK, net of fees. If the fund pays dividends, performance is calculated with the distribution added back. Inflation has not been taken into account.
| Performance | Fund 1 | Index 2 |
|---|---|---|
| 30.04.2024 | 5.84 | 5.96 |
| 2023 | 9.98 | 10.25 |
| 2022 | -7.31 | -6.91 |
| 2021 | 13.48 | 14.08 |
| 2020 | 4.04 | 4.29 |
| Average. perf. | Fund 1 | Index 2 | 2 years | 7.22 | 7.56 |
|---|---|---|
| 3 years | 4.82 | 5.22 |
| 5 years | 5.77 | - |
| 10 years | - | - |
Distribution
| Date | SEK | Distribution of fund profits |
|---|---|---|
| 15.03.2024 | 3.21 | |
| 24.03.2023 | 2.93 |
Largest holdings 30.04.2024
| XACT Obligation ETF | 24.92% |
| Handelsbanken Korträn SEK (A1 SEK) | 24.87% |
| Handelsbanken Norden Ind Crit (A1 SEK) | 20.17% |
| Handelsbanken Global Index Crit (A1 SEK) | 19.91% |
| XACT Nordic High Div Low Vol ETF | 4.99% |
| Handelsbanken Gl Småbolag Ind Cri A1 SEK | 4.97% |
| All holdings | |
Style Box™ 30.04.2024
Risk measures (3 years) 30.04.2024
| Total risk | 7.16% |
| Total risk in index | 7.15%* |
| Tracking error | 0.11%* |
| Information ratio | -3.69* |
| Sharpe ratio | 0.46 |
| Sharpe ratio index | 0.52* |
Distributions are reinvested in the funds and their benchmarks to obtain relevant comparisons. All key figures are calculated on the basis of effective annual yields. Values for the past three years have been used for the majority of funds. For newer funds Handelsbanken Fonder AB uses Bloomberg Port for risk forecast calculations.
Total risk/Total risk in index is stated as the standard deviation for variations in the fund/index's monthly yields. The higher the number, the higher the risk.
Tracking error is measured as the standard deviation for the difference between yields in the fund and its benchmark (variation in relative yields). The historical tracking error indicates how much the fund’s yield has deviated from its benchmark.
Information ratio is a measure of the active returns attained by the fund by deviating from its benchmark. It is the ratio between the active returns and the tracking error. A negative information ratio means that the fund has underperformed its benchmark.
Sharpe ratio/Sharpe ratio is a measure of the fund/index’s return, taking into account the risk of the fund/index. A high return attained at a lower risk is better than an equivalent return attained at a high risk. Calculated, on the one hand, as the ratio between the return, less the risk-free interest (interest on government securities) and, on the other hand, the total risk of the fund/index. The Sharpe ratio is most relevant to compare the yields of various markets, while taking risk into account.
Total risk/Total risk in index is stated as the standard deviation for variations in the fund/index's monthly yields. The higher the number, the higher the risk.
Tracking error is measured as the standard deviation for the difference between yields in the fund and its benchmark (variation in relative yields). The historical tracking error indicates how much the fund’s yield has deviated from its benchmark.
Information ratio is a measure of the active returns attained by the fund by deviating from its benchmark. It is the ratio between the active returns and the tracking error. A negative information ratio means that the fund has underperformed its benchmark.
Sharpe ratio/Sharpe ratio is a measure of the fund/index’s return, taking into account the risk of the fund/index. A high return attained at a lower risk is better than an equivalent return attained at a high risk. Calculated, on the one hand, as the ratio between the return, less the risk-free interest (interest on government securities) and, on the other hand, the total risk of the fund/index. The Sharpe ratio is most relevant to compare the yields of various markets, while taking risk into account.
Facts
| Fund Facts | |
|---|---|
| Fund managed by | Anders Dolata |
| Country of registration | Sweden |
| Main category | - |
| Sub category | - |
| Fund, date of launch | 07.06.2018 |
| Share class, date of launch | 08.03.2023 |
| Fund assets | 4,007 MSEK (30.04.2024) |
| Reporting Currency | SEK |
| Trading Currency | - |
| Instrument category | Uncomplicated |
| UCITS | No |
| ISIN | SE0011116367 |
| Short name | 50B1S |
| Available for sale | Sweden |
| Fund Company Facts | |
|---|---|
| Management Company | Handelsbanken Fonder AB |
| Approval of fund operations | 06.05.1991 |
| Other approvals |
Discretionary Asset Management Manager of Alternative Investment Funds (AIFs) Provide investment advice Receive and forward orders
|
| Custodian Institution | J. P. Morgan SE - Stockholm Bankfilial |
| Legal domicile of fund | Stockholm, Sweden |
| Regulation Authority | Swedish Financial Supervisory Authority |
| Auditor | PricewaterhouseCoopers |
| Complaints Manager | Jörgen Larson |