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 equities, equity funds, fixed income funds, alternative assets, as well as in other financial instruments. Alternative investments refer to transferable securities, fund units or derivative instruments that correlate to varying degrees with the performance in the equity and fixed income markets. 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 equities, equity funds, fixed income funds and alternative investments increase or decrease in value.
The equity portion in the fund can fluctuate between 40-60%. The fixed income portion can fluctuate between 40-60%. The portion of alternative assets can vary between 0-20%. The asset management is adjusted within each interval based on the assessment of the fund manager. 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 alcohol, tobacco, cannabis, commercial gambling, weapons and military equipment, pornography and fossil fuels segments/sectors. However, the fund may invest in companies that are considered to be in transition towards fossil-free energy production. This is applicable to both direct holdings as well as holdings in funds in which the fund invests. With regard to the fund’s investments in index derivatives, the fund will primarily invest in sustainability-oriented instruments. In the absence of such instruments, the fund will invest in index derivatives and index products that may include companies that are not permitted in accordance with the aforementioned exclusion criteria.
The fund can invest in derivative instruments as part of the fund’s investment focus, which can result in leveraging.
We compare the fund's performance with Solactive ISS ESG Global Markets Index NTR (30%), OM Stockholm OMRX Treasury Bill (25%), SIX SRI Nordic 200 Net Index (20%), HMNI Swe All Government Dur Const 6Y (17,5%), HMNI Swe All Mortgage Dur Const 2.5Y (7,5%). 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.
Additional information about the sustainability work, the share class designation in parentheses and the management in relation to the funds benchmark index and risk level, may be found in the prospectus.
Recommendation: This fund may not be suitable for investors who plan to withdraw their money within 3 years.