Objectives and Investment Policy
The fund is actively managed, which means that the portfolio manager takes active, independent investment decisions. The long term objective of the fund is to exceed the returns of the underlying market, defined as the benchmark index.
The fund invests in equity funds, fixed income funds, alternative assets, as well as in other financial instruments. Alternative assets refer to funds or other financial instruments that provide exposure to commodities, real estate and other permitted exposures in addition to equities or fixed income for the purpose of increasing the fund’s diversification. The fund invests primarily in funds within Handelsbanken as well as in fund that are managed by other fund management companies.
Fund returns are determined by how the fund's investments in equity-, fixed income- and alternative funds increase or decrease in value.
The equity portion in the fund can fluctuate between 85-115% depending on market conditions. The fixed income portion can fluctuate between 0-20% depending on market conditions. The portion of alternative assets can vary between 0-30% depending on market conditions. Fund management is adjusted within each interval based on the prevailing market conditions. The current allocation is shown under Portfolio Distribution at www. handelsbanken.lu/funds.
International norms and guidelines for the environment, social responsibility and corporate governance are taken into consideration and the fund applies an exclusion strategy for companies (both direct holdings as well as holdings in funds in which the fund invests) operating within the weapons and war materials in countries outside NATO/EU, controversial weapons, nuclear weapons, tobacco, cannabis, commercial gambling, pornography and fossil fuels segments/sectors.
We compare the fund's performance with Solactive ISS ESG Screened Paris Aligned Global Markets Index NTR (75%), Solactive ISS ESG Screened Paris Aligned Nordic Index NTR (6,25%), SIX SRI Nordic 200 Net Index (18,75%). As the fund is actively managed the performance will over time deviate from this index.
The shareclass does not distribute dividends. All income is reinvested in the fund. Normally, you may purchase and sell fund units every banking day.
Recommendation: This fund may not be suitable for investors who plan to withdraw their money within 5 years.