Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (160 kB)
Prospectus (1392 kB)
Periodic reports
Sustainability SFDR (934 kB)
Annual review (PF) (2888 kB)
Semi-annual report (PF) (207 kB)
Marketing material
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Global Tema (A1 SEK)
Legal name: Handelsbanken Global Tema (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 in the equity markets worldwide. As a result, the fund has a currency exposure to these markets. The thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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
Cecilia Auvray Experience in the fund industry 1991. Portfolio Manager since 1 January 2020.
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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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30.06.2024
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The rating shows which funds have historically posted the strongest performance in relation to risk. Ratings are denoted by a scale of one to five stars, with five as the highest rating. A fund must have a performance history of at least three years to receive a rating.
Read more about the fund's rating |
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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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31.05.2024
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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. |
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The Nordic Swan Ecolabel is the official sustainability ecolabel for the Nordic countries, with the purpose of providing guidance to fund savers about good environmental choices. The Nordic Swan Ecolabel requires a fund to meet 23 mandatory standards governing inclusion, exclusion, engagement and transparency. Read more in the fund's Nordic Swan Ecolabel report and at www.svanen.se/spararen.
Ongoing dialogues: Alphabet (human rights/employee rights, France and USA) Apple (labour rights, USA, and human rights, UK) Amazon (labour rights, Europe and USA, and anti-corruption, Italy) Microsoft Corp (discrimination/employee rights, USA)
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Graph
Performance
| Rate 19.07.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
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| 1,056.00 SEK | -0.91% | 2.80% | 7.93% | 21.62% | 21.75% | 92.63% | 258.98% |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Following a strong Q1, Q2 was also marked by upturns in the stock market’s World Index. Fund performance was positive and the fund rose almost 2.5% in SEK.
The fund’s positive performance was driven primarily by the holdings in the US IT giants, which include Nvidia, Apple, Broadcom and Alphabet. Several healthcare companies, such as Eli Lilly, Novo Nordisk, AstraZeneca and Vertex, were also key contributors. Companies driven by the need for electrification, such as ABB and Prysmian, also posted strength. Several equities in the emerging markets were among the strong performers in the quarter and included Indian Hero Motocorp and HDFC Bank as well as South African Sanlam.
On the negative side was Bank Rakyat, which has been hit hard by the market due to a weaker economy and rising credit costs in Indonesia. The US agricultural product company Agco also lagged when demand did not increase at the rate previously expected. The fund decreased the holdings in these companies during the quarter. After receiving a hefty exchange in several US consumer equities, we chose to reduce several of them as we see signs of lower purchasing power and more cautious households going forward. Tractor Supply, Idexx and Coopers exited the portfolio, while we decreased the holdings in Pool Corp and Hyatt.
New investments include the pharmaceutical company Vertex and the US companies Eagle Materials, Clean Harbors, Nextracker, Itron and Fluence, which benefit from increased investments in infrastructure/environment/electricity.
We continue to focus on long-term investments in structural winners among companies that can contribute with solutions to the world’s major challenges: climate, healthcare, productivity and digitalization needs.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
