Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (179 kB)
Prospectus (1287 kB)
Periodic reports
Sustainability SFDR (882 kB)
Annual review (PF) (2836 kB)
Semi-annual report (PF) (202 kB)
Marketing material
Sustainability profile
Brief fund information
Summary SFDR (143 kB)
Handelsbanken Hållbar Energi (A10 SEK)
Legal name: Handelsbanken Hållbar Energi (A10 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 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.
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).
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 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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30.06.2024
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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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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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31.05.2024
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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: ENEL (human rights, Western Sahara) Iberdrola (human rights and the environment, Brazil) JinkoSolar Holding (employee rights, China) More information about the fund's sustainability work is available in the Sustainability Report Nordic Swan Ecolabel.
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Graph
Performance
| Rate 22.07.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 343.84 SEK | -0.03% | 2.69% | 11.24% | -1.90% | -19.89% | 86.88% | - |
Portfolio 11.07.2024
Portfolio manager comments — Q2 2024
Q2 marked an improvement for the fund relative to similar funds following a challenging Q1. The reports from the fund’s investee companies were stronger overall than during the previous quarters. Several segments contributed strongly, most notably energy effectiveness within industrials as well as wind power companies, while solar energy lagged.
Enovix, a pioneer within energy-dense batteries, was the strongest contributor. Cadeler, which installs offshore wind farms, and TSMC, a global leader within semiconductors, also contributed strongly. Array, which provides solar tracking solutions, had the most negative impact despite a strong report and saw volatility in its share price performance driven by concerns that projects would be postponed. Bakkafrost and Shoals also lagged.
The rapidly growing usage of AI and the extensive expansion of data centers is an area that has received increased attention and results in greater demands on electrical energy. This has highlighted the need for a strong electrical grid and increased energy capacity from cost-effective energy sources like solar and wind power that can be expanded rapidly. The fund has a significant number of investments that benefit from this and these were increased during the period.
The political arena has become more complicated with the EU election, although we do not expect a major impact over the short term. The presidential election campaign has begun in the US, which can lead to headlines and some volatility within climate policies. A complete reversal of climate policy is unlikely as current regulations are difficult to change and major portions of the climate package are also supported by the Republicans.
Portfolio distribution 30.06.2024
Geographic breakdown 30.06.2024
