Factsheet and Information Brochure
Factsheet
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Fund rules (159 kB)
Prospectus (1392 kB)
Periodic reports
Sustainability SFDR (928 kB)
Annual review (PF) (2867 kB)
Semi-annual report (PF) (198 kB)
Marketing material
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Sverige Selektiv (A1 SEK)
Legal name: Handelsbanken Sverige Selektiv (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 16-35 high-quality Swedish companies. The fund's strategy is to create good returns over time through long-term investments.
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
Ulrika Orstadius Experience in the fund industry 2011. Portfolio Manager since 1 November 2022.
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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: - No reported violations of international standards
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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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| 897.75 SEK | -1.19% | 1.99% | 5.45% | 12.44% | 22.92% | 100.83% | 282.31% |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Fund performance was positive during Q2 and the fund rose 1% in SEK. The holding in Nibe was weighed down by the weak market for heating pumps in Europe due to persistently high inventories in the distribution chain, declining gas prices and lower subsidies. The inventory situation should be rebalanced during the end of the year and there is a further need for energy transition that is assisted by effective climate solutions over the long term.
Fund returns were also weighed down by the holding in the installation company Bravida when an incident of over-billing by one of the company’s businesses was reported and confirmed. We have a close dialogue with management regarding the company’s measures to strengthen internal routines and processes, which will be followed up. The fund was also weighed down by the holdings in Handelsbanken and Hexagon following Handelsbanken’s release of a weak Q1 report and Hexagon’s construction exposure.
Holdings in AstraZeneca, ABB and Atlas Copco were the strongest contributors to returns, with AstraZeneca’s capital markets day sharing positive outlooks during the quarter and ABB posting strength on reports that were stronger than expected. Atlas Copco continues to perform strongly in the wake of the positive sentiment regarding the benefits realized by the company as a result of the AI trend.
The fund purchased a new holding in Sampo, which is now a pure non-life insurance company with a strong history in an attractive industry with high dividend yields.
We decreased the positions in Novo Nordisk as a result of strong share price performance. In the upcoming reporting period we will continue to focus on investee companies that have sustainable business models and competitive offers with sustainable growth even in a weaker economy.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
