Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (171 kB)
Prospectus (1548 kB)
Periodic reports
Sustainability SFDR (1075 kB)
Annual review (PF) (3185 kB)
Semi-annual report (PF) (199 kB)
Marketing material
Brief fund information
Summary SFDR (168 kB)
Handelsbanken Norden Selektiv (B1 EUR)
Legal name: Handelsbanken Norden Selektiv (B1 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 16 to 35 equities issued by companies in Denmark, Finland, Norway and Sweden and thereby has a currency exposure in these markets. The fund's strategy is to create good returns over time through long-term investments.
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).
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
Yvonne Sörberg Experience in the fund industry 1994. Portfolio Manager since 20 May 2019.
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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 |
|---|---|---|---|---|---|---|---|
| 28.74 EUR | 3.01% | -9.79% | -5.91% | -3.17% | -0.17% | 73.52% | 96.73% |
Portfolio 16.04.2025
Portfolio manager comments — Q1 2025
Fund performance was negative in Q1 2025 due to challenges for some of the fund’s holdings. However, the banking and manufacturing sectors contributed positively during the period.
The holding in DNB contributed positively after a strong result in Q4, with stable growth and a higher than expected net interest income. SEB also had a positive impact due to a continued strong net interest income. The holdings in Volvo, Kone, Hexagon and Sandvik also contributed after strong quarterly reports.
Fund returns were primarily weighed down by the holdings in Novo Nordisk and Netcompany. Novo Nordisk was negatively affected by disappointing results from a Phase 3 study on Cagrisema and a weaker trend in prescriptions in the US. However, the fund had a slight underweight in Novo Nordisk relative to the benchmark index. Netcompany was negatively affected by a quarterly report that was below expectations. Concerns about US tariffs also negatively affected the holdings in Embla, Autoliv and Beijer Ref.
The fund added a new holding in Nokia which holds a leading position within network equipment with an increased focus on niches with growth and higher margin profiles. The company has a high rate of innovation and benefits from investments for faster and more secure data transmission. The holding in Epiroc and Novo Nordisk was also increased after weak share price performance. The holding in Kone was decreased, while Vaisala was sold in its entirety after strong share price performance.
We continued to focus on investee companies that have sustainable business models and competitive offers with sustainable growth.
Portfolio distribution 31.03.2025
Geographic breakdown 31.03.2025
