Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (171 kB)
Prospectus (1361 kB)
Periodic reports
Sustainability SFDR (927 kB)
Annual review (PF) (2868 kB)
Semi-annual report (PF) (199 kB)
Marketing material
Brief fund information
Summary SFDR (168 kB)
Handelsbanken Norden Selektiv (A9 SEK)
Legal name: Handelsbanken Norden Selektiv (A9 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 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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31.10.2024
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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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30.09.2024
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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 20.11.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 160.95 SEK | -1.15% | -2.80% | -1.45% | 11.37% | 17.85% | 72.11% | 256.74% |
Portfolio 16.10.2024
Portfolio manager comments — Q3 2024
Fund performance was positive and the fund rose 2.8% in SEK during Q3, primarily due to the strong performance of several of the fund’s holdings within the consumer and manufacturing sectors. The holding in Essity contributed positively after the company reported a strong result with higher margins than expected. Kesko also contributed positively as the reported sales figures are beginning to stabilize and should benefit from the start of rate cuts by the ECB going forward. Vaisala, which is a leader within advanced measuring systems, also contributed positively after a strong report in which revenues, margins and new orders exceeded expectations. Kone contributed strongly, driven by the massive stimulus announced in China and expectations of higher construction investments. Fund returns were weighed down primarily by the holding in Novo Nordisk. The company’s report for Q2 was weaker than expected as the company’s newly launched obesity drug, Wegovy, did not show the rapid growth expected by the market. Supply constraints remain a challenge for Novo Nordisk, although manufacturing capacity is being gradually increased. However, the fund had a slight underweight in Novo Nordisk. The holding in Hexagon was weighed down by weak end markets within construction and automotive.
The fund increased the holdings in Volvo AB as well as in banks during the quarter. Sampo was a new holding within insurance that replaced Topdanmark, given that Sampo concluded its takeover offer for Topdanmark. We decreased the position in AstraZeneca after strong share price performance and the smaller holding in Tomra was sold after a capital market day with slightly lower yield requirements on new investments. For 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 31.10.2024
Geographic breakdown 31.10.2024
