Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (151 kB)
Prospectus (1484 kB)
Periodic reports
Sustainability SFDR (1015 kB)
Annual review (PF) (2973 kB)
Semi-annual report (PF) (203 kB)
Marketing material
Brief fund information
Summary SFDR (174 kB)
XACT Norden Högutdelande (UCITS ETF)
Legal name: XACT Nordic High Dividend Low Volatility (UCITS ETF)
Exchange traded 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.
Objectives and Investment Policy
The fund is an exchange-traded index fund with the objective to track the performance of the SHB Nordic High Div Low Vol as closely as possible.
Fund returns are determined by how the fund's investments in equities increase or decrease in value. The index will be replicated through optimized (sample-based) physical replication, which means that the fund invests directly in most of the equities included in the index. Tracking error is expected to be less than 0.2% under normal market conditions. The management fee, customer flows, index rebalancing and corporate events all result in transaction costs for the fund, which are not present in the index. These are the main factors that impact the fund’s ability to replicate the index.
Handelsbanken Nordic High Dividend Low Volatility Criteria Index (SEK) consists of equities in Nordic companies that are selected based on dividend yields as well as the risk and liquidity of the equities. The index followed by the fund includes sustainability requirements. Companies that do not fulfil the defined requirements with regard to sustainability are excluded from the index.
The fund follows an index that includes sustainability requirements. Companies that do not meet the defined requirements for sustainability are excluded from the index. The sustainability requirements include international standards and guidelines for the environment, social responsibility and corporate governance. The requirements also include the fund’s exclusion of companies involved in the production or distribution of fossil fuels, military equipment, tobacco, alcohol, gambling, cannabis and pornography.
The fund can invest in derivative instruments as part of the fund’s investment focus. However, the use of derivative instruments is of such a nature that it only has a marginal impact on the fund’s risk level.
The share class normally distributes dividends in March, May, September and November each year. The objective is to annually distribute 4,5% of the value of the units at the time of the Management Company’s decision about distributions. However, distributions can be both higher and lower. 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.
Additional information about the sustainability work and the funds index, may be found in the prospectus.
Recommendation: This fund may not be suitable for investors who plan to withdraw their money within 5 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 | 14.15 | 14.61 |
| 2023 | 8.77 | 8.99 |
| 2022 | -8.36 | -8.07 |
| 2021 | 26.97 | 27.45 |
| 2020 | -4.98 | -4.66 |
| Average. perf. | Fund 1 | Index 2 | 2 years | 13.19 | 13.57 |
|---|---|---|
| 3 years | 6.61 | 6.97 |
| 5 years | 7.22 | 7.58 |
| 10 years | - | - |
Distribution
| Date | SEK | Distribution of fund profits |
|---|---|---|
| 12.11.2024 | 1.72 | |
| 10.09.2024 | 1.72 | |
| 22.05.2024 | 1.72 | |
| 12.03.2024 | 1.72 | |
| 14.11.2023 | 1.67 |
Sector Breakdown 31.10.2024
Largest holdings 31.10.2024
| Telenor ASA | 2.97% |
| Tryg AS | 2.95% |
| DNB Bank ASA | 2.89% |
| Telia Company AB | 2.88% |
| Kesko Oyj Class B | 2.83% |
| Sampo Oyj Class A | 2.80% |
| Orkla ASA | 2.68% |
| Telefonaktiebolaget L M Ericsson Class B | 2.64% |
| Nordea Bank Abp | 2.61% |
| Tele2 AB Class B | 2.57% |
Style Box™ 31.10.2024
Risk measures (3 years) 31.10.2024
| Total risk | 11.60% |
| Total risk in index | 11.68%* |
| Tracking error | 0.13%* |
| Information ratio | -2.80* |
| Sharpe ratio | 0.38 |
| Sharpe ratio index | 0.41* |
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 | Stefan Hagman |
| Country of registration | Sweden |
| Main category | Equity Fund |
| Sub category | - |
| Fund, date of launch | 31.03.2017 |
| Share class, date of launch | 31.03.2017 |
| Fund assets | 8,314 MSEK (31.10.2024) |
| Reporting Currency | SEK |
| Trading Currency | SEK |
| Instrument category | Uncomplicated |
| UCITS | Yes |
| ISIN | SE0009778954 |
| Short name | XACT Högutdelande |
| Available for sale | Finland, 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 |