Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (172 kB)
Prospectus (439 kB)
Periodic reports
Annual review (PF) (2025 kB)
Semi-annual report (PF) (193 kB)
Marketing material
Brief fund information
XACT BULL (ETF)
Legal name: XACT BULL (ETF)
Exchange traded fund 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 special leveraged exchange-traded fund which means that it differs from a mutual fund. The objective of the fund is to provide a daily return equivalent to approximately 150% of the daily positive change in the OMXS30 Index (OMXS30 refers to the index that includes dividends, OMXS30GI) before management fees and other transaction costs. This means that when the OMXS30 rises by 1% on the market in one day, XACT Bull should rise by approximately 1.5%. The index consists of the 30 most-traded shares on the NASDAQ OMX Nordic Exchange (Stockholm Stock Exchange).
The fund’s capital consists of liquid assets and futures contracts (OMXS30 futures) equivalent to approximately 150% of the fund’s value. A daily rebalancing of the fund’s futures holdings occurs to ensure that the fund maintains an exposure of 150% of the fund capital. Fund returns are determined by how the fund's investments in futures contracts increase or decrease in value.
The fund may invest in derivative instruments as part of the fund’s investment focus.
The fund does not distribute dividends. All income is reinvested in the fund. Normally, you can purchase and sell fund units on the stock market, the so-called secondary market, on all banking days. You can also create and redeem units directly with the management company on the so-called primary market.
Recommendation: This fund may not be suitable for investors who plan to withdraw their money within 0 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 |
|---|---|---|
| 31.10.2024 | 8.82 | 9.17 |
| 2023 | 27.73 | 20.87 |
| 2022 | -21.41 | -12.95 |
| 2021 | 48.48 | 32.70 |
| 2020 | 8.22 | 7.44 |
| Average. perf. | Fund 1 | Index 2 | 2 years | 21.16 | 17.16 |
|---|---|---|
| 3 years | 5.81 | 6.73 |
| 5 years | 12.51 | 10.90 |
| 10 years | 11.74 | 9.53 |
Largest holdings 31.10.2024
| Omxs304k | 150.24% |
| Cash Offset | -150.24% |
Style Box™ 30.09.2021
Risk measures (3 years) 31.10.2024
| Total risk | 23.53% |
| Total risk in index | 15.66%* |
| Tracking error | 7.90%* |
| Information ratio | -0.12* |
| Sharpe ratio | 0.16 |
| Sharpe ratio index | 0.29* |
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 | Christian Sopov |
| Country of registration | Sweden |
| Main category | Equity Fund |
| Sub category | - |
| Fund, date of launch | 08.02.2005 |
| Share class, date of launch | 08.02.2005 |
| Fund assets | 474 MSEK (31.10.2024) |
| Reporting Currency | SEK |
| Trading Currency | SEK |
| Instrument category | Complicated |
| UCITS | No |
| ISIN | SE0001342395 |
| Short name | XACT Bull |
| Available for sale | Denmark, 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 |