Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (186 kB)
Prospectus (1394 kB)
Periodic reports
Sustainability SFDR (925 kB)
Annual review (PF) (2874 kB)
Semi-annual report (PF) (199 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Amerika Tema (A1 EUR)
Legal name: Handelsbanken Amerika Tema (A1 EUR)
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 primarily in equities issued by companies in the US as well as in Canada and Mexico. 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 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).
Fund manager
Niklas Lundin Experience in the fund industry 1989. Portfolio Manager since 1 February 2018.
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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. |
Graph
Performance
| Rate 19.07.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 207.11 EUR | -1.86% | -1.25% | 10.25% | 18.62% | 25.02% | 105.24% | 294.26% |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Fund performance was positive during Q2 and the fund rose 4.5% in SEK. The US stock market performed strongly in Q2, driven by the digitalization and generative AI themes. The large technology companies in particular posted strength and contributed significantly to the fund. In contrast, the US economy is showing signs of a slowdown, which led cyclical companies within consumption and industrials to lag during the quarter. The US central bank signaled that inflation is under reasonable control and the market is now pricing in a stabilization to interest rates, with rate cuts expected toward the end of 2024.
Fund returns benefited from the strong performance of Nvidia and Broadcom, which focus on the construction of the infrastructure related to the AI phenomenon. Holdings in Eli Lilly also posted strength after good news about their obesity drug. The fund also took the opportunity to increase its position in Apple at the beginning of the quarter, which contributed positively to returns. The rapid expansion of data centers means that the demand for energy will increase quickly, which is positive for shares in the energy company Nextera that posted strength in the period.
The fund significantly increased its exposure to the electrification theme with new holdings such as Nvent, Nextracker and Quanta Services.
The more cyclical companies, such as Pool Corp and Willscott Mobile Mini, lagged during Q2. Several of the software companies, such as Blackline and Veeva Systems, also posted weakness as a result of investment cutbacks by corporate customers.
The fund sold and purchased a number of companies. The most notable within healthcare included the sale of the pharmaceutical company Regeneron in favor of Vertex Pharma. Profit taking in Carrier, which manufactures air conditioners and heating pumps, as well as the sale of holdings in the software company Adobe were significant transactions.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
