Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (181 kB)
Prospectus (1550 kB)
Periodic reports
Sustainability SFDR (1094 kB)
Annual review (PF) (3204 kB)
Semi-annual report (PF) (200 kB)
Marketing material
Brief fund information
Summary SFDR (167 kB)
Handelsbanken Norden (A10 SEK)
Legal name: Handelsbanken Norden (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 and invests primarily in equities and equity-related instruments issued by companies headquartered in Sweden, Denmark, Finland, Norway and Iceland, or in companies traded on a regulated market in the Nordics and thereby has a currency exposure in these markets. The fund also has the option of investing a maximum of 10% of the fund capital in companies headquartered in other European countries.
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
Per Andersson Experience in the fund industry 1997. Portfolio Manager since 1 January 2020.
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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 16.04.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 1,848.18 SEK | 7.38% | -10.15% | -10.52% | -8.61% | -7.79% | 66.37% | 88.62% |
Portfolio 16.04.2025
Portfolio manager comments — Q1 2025
Fund performance was negative during the quarter in a market where even the Nordic markets yielded negative returns. However, the market began the year on a strong note but weakened in March, driven by concerns about a weaker economy due to an increase in protectionism worldwide and in particular from the US.
Novo Nordisk, which has previously been a driving force, continued its weak performance from Q4 and fell 27% in the period. At the same time, banks and companies with European exposure posted strength.
The strongest individual contributors were Nordea, DnB, AFRY, Volvo, Swedbank, Storytel, Norbit, Boliden, Asker Healthcare, Europris, KONE, Securitas and Skanska. The companies with the strongest negative impact included equities such as Novo Nordisk, DSV, ABB, Zealand and Pandora.
Larger new holdings included Nokia, the Danish allergy vaccine company ALK-Abello, and the Finnish companies Kesko and YIT. The fund also participated in the IPO of Asker Healthcare.
We have seen a shift in the market where previous driving forces such as semiconductors and obesity drugs are no longer leading the trend. Even though the fundamentals remain strong, the positive element of surprise seems to have slowed down.
We expect the market to continue to broaden but increasing external risks have led us to reduce the US exposure and instead increase our Nordic exposure within existing portfolio holdings.
Portfolio distribution 31.03.2025
Geographic breakdown 31.03.2025
