Factsheet and Information Brochure
Factsheet
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Costs and charges
Fund rules (188 kB)
Prospectus (1432 kB)
Periodic reports
Sustainability SFDR (1018 kB)
Annual review (PF) (3126 kB)
Semi-annual report (PF) (200 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (170 kB)
Pre-contractual SFDR
Pre-contractual SFDR (946 kB)
Handelsbanken Hållbar Energi (A1 EUR)
Legal name: Handelsbanken Hållbar Energi (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 with a focus on sustainability. The fund globally invests in companies that develop or use technologies and methods to limit global warming by directly or indirectly limiting carbon dioxide and other greenhouse gas emissions, including companies that can positively contribute to more efficient energy use. Growth in the area has been very strong and continued challenges in the climate area are pointing to similar prospects going forward. For further information, please refer to the fund's prospectus.
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 9 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 9 fund pursuant to EU regulation 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR).
Fund Spotlight
Benchmark 1 January – 30 June 2024: Solactive ISS ESG Screened Global Markets Index NTRBenchmark from 1 July 2024: S&P Global Clean Energy Net TR
Fund manager
Patric Lindqvist Experience in the fund industry 1990. Portfolio Manager since 1 October 2015.
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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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30.09.2025
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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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The fund has sustainable investments as its objective. Accordingly, the fund invests in companies with products and services that are considered as contributing positively to the direct fulfillment of one or several of the targets in Agenda 2030. Refer to the fund's prospectus for additional information. The fund is reported as an Article 9 fund pursuant to EU regulation on sustainability-related disclosures in the financial services sector (SFDR). Read more |
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31.07.2025
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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. |
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The EU’s SFDR regulation (regulation 2019/2088 on sustainability-related disclosures in the financial services sector) was implemented in 2021 and provides for a standardization in the sustainability reporting for mutual funds. This has reduced the need for other sustainability labels. Accordingly, Handelsbanken Fonder has chosen to remove the fund’s Nordic Swan ecolabel license from December 17.
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Graph
Performance
| Rate 04.11.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 33.89 EUR | 4.02% | 11.15% | 33.37% | 35.34% | 21.08% | 14.30% | 137.16% |
Portfolio 09.10.2025
Portfolio manager comments — Q3 2025
The third quarter marked a clear shift in the landscape for climate‑related investments, with the fund delivering very strong returns, significantly outperforming its benchmark, the S&P Global Clean Energy Transition Index (USD) NTR, as well as global equity markets. Following a spring dominated by uncertainty, particularly related to volatile U.S. climate and trade policy, conditions have since become much clearer. In early July, a new U.S. budget was adopted. While it initially appeared to signal a setback for climate initiatives, subsequent clarifications from the Treasury Department have provided clear, long‑term visibility for several segments through to 2030. In addition, recognition of an impending electricity shortage in the U.S. – partly driven by aggressive growth plans in AI and data centers – has further supported investment momentum in the energy sector.
In China, continued strong demand for electric vehicles and energy storage has been positive, while the government has intensified its focus on fostering fair competition through its so‑called “anti‑involution” policy. Against this backdrop, the fund increased its North American exposure early in the quarter, which ultimately became the region contributing most to performance, followed by China and then Europe.
At the segment level, the strongest contributions came from solar energy, energy storage, and wind power. Energy efficiency also performed well, particularly relative to the benchmark, with companies tied to electrification delivering solid results. The single largest contributor was Bloom Energy (fuel cells), whose technology is becoming increasingly important for powering rapidly growing data centers as grid expansion fails to keep pace. Other strong contributors included First Solar (solar panels), Nextracker (solar solutions), Vestas (wind power), and Sunrun (residential solar).
On the negative side, Darling Ingredients (biofuels), Boralex (wind power), Longshine (digital grid solutions), and Chinese EV manufacturer BYD detracted from performance, with the fund reducing its position in BYD during the quarter.
The increased regulatory clarity in the U.S. and the acute electricity shortage create significant investment opportunities in production, storage, and distribution of energy. This theme likewise presents opportunities in Europe and China. Although the global drivers have in part shifted from policy to real‑economic and geopolitical factors, strong structural tailwinds for the climate transition remain intact. BloombergNEF highlighted in its latest report that even under a scenario in which investment is driven solely by economic rationale, non‑fossil power generation is expected to grow by an average of 14% per year over the next five to ten years. Certain segments are aligned with the Paris Agreement targets, while others – more dependent on political support – face headwinds.
The fund remains focused on investing in technologies that are already, or are expected shortly to become, competitive on their own merits. We therefore continue to see attractive opportunities to generate compelling returns going forward.
Portfolio distribution 30.09.2025
Geographic breakdown 30.09.2025
