Factsheet and Information Brochure
Factsheet
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Fund rules (191 kB)
Prospectus (1547 kB)
Periodic reports
Sustainability SFDR (1076 kB)
Annual review (PF) (3182 kB)
Semi-annual report (PF) (199 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (168 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.
For this fund, the fund company's Enhanced exclusion level applies. For information about sectors that the fund excludes, see the Detailed information tab.
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.
For this fund, the fund company's Enhanced exclusion level applies. For information about sectors that the fund excludes, see the Detailed information tab.
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
Rikard Forssmed Experience in the fund industry 2001. Portfolio Manager since 1 March 2025.
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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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31.03.2025
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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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31.01.2025
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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 17.04.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 184.22 EUR | -2.10% | -8.01% | -20.06% | -18.17% | -3.66% | 79.60% | 164.04% |
Portfolio 16.04.2025
Portfolio manager comments — Q1 2025
Q1 included some drama in the US equity market. As the quarter progressed, concerns increased about how the Trump administration’s proposed tariffs would impact the economy and inflation. At the same time, the geopolitical risk premium rose as the US appeared to get closer to Russia. This led to a clear shift in sentiment, with capital flows moving away from the US and instead being directed to Europe.
These developments affected not least the so-called MAG 7 companies, which had weak returns overall in the quarter. Even the technology sector as a whole, as well as cyclical companies with exposure to the US consumer, posted weak performance. In contrast, defensive companies within the insurance and healthcare sectors, for example, performed significantly stronger.
Fund returns benefited from a number of companies within the financial sector, which included Jack Henry, Tradeweb and Brown & Brown. The transport company Uber also began the year on a strong note.
However, results were weighed down for a number of larger companies within technology-related companies such as Alphabet, Amazon.com, Broadcom and ServiceNow. In addition, the USD weakened against the SEK, which had a negative impact on fund returns.
The fund changed its portfolio manager to Rikard Forssmed on 1 March, whereby a number of changes were made to the fund in conjunction with the switch. A number of holdings were decreased, while the exposure to the technology sector was reduced.
New companies in the fund included the trading platform Tradeweb, the insurance broker Brown & Brown, and the pharmaceutical distributor McKesson. Companies that exited the fund included the software companies ServiceNow, Oracle and Bentley Systems, the pharmaceutical company Merck, and the industrial companies Clean Harbors and Quanta Services.
The fund continues to hold high-quality companies with exposure to structurally strong themes, such as re-shoring, electrification and digitalization.
Portfolio distribution 31.03.2025
Geographic breakdown 31.03.2025
