Factsheet and Information Brochure
Factsheet
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Fund rules (162 kB)
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Periodic reports
Sustainability SFDR (1082 kB)
Annual review (PF) (3190 kB)
Semi-annual report (PF) (200 kB)
Marketing material
Brief fund information
Summary SFDR (171 kB)
Handelsbanken Amerika Småbolag Tema (A1 EUR)
Legal name: Handelsbanken Amerika Småbolag Tema (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 and invests in equities that are primarily issued by small companies in the U. S. , as well as in Canada and Mexico. As a result, the fund has a currency exposure to these markets.
The thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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).
The thematic investment strategy provides for investments that occur in a limited area in which development is deemed to result in a structural change to the economy and society. This change provides favorable conditions for companies active within the area to create profitable growth over time.
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
Fredrik Börjesson Experience in the fund industry 2017. Portfolio Manager since 1 March 2025.
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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 |
|---|---|---|---|---|---|---|---|
| 120.53 EUR | -0.38% | -6.40% | -17.24% | -13.91% | -6.84% | 57.14% | 89.10% |
Portfolio 16.04.2025
Portfolio manager comments — Q1 2025
Fund performance was negative during Q1 but outperformed the fund’s benchmark index*.
Q1 included some drama in the US equity market. As the quarter progressed, concerns increased about how the Trump administration’s proposed tariffs would impact the economy and inflation. The US’ move closer to Russia also raised the geopolitical risk premium, which led to a clear shift in sentiment, with capital flows moving away from the US and into Europe. In general, small caps posted weaker performance than large caps, with the technology sector and cyclical companies with exposure to the consumer among the weakest performers. More defensive sectors, such as insurance, fared better.
Fund returns benefited from Cavco, which posted strength driven by a strong quarterly report. A number of companies within the financial sector also contributed positively, such as Tradeweb and Palomar, while the holdings in nVent and Everus Construction were negatively affected by the market’s concern about the stamina in data center investments. A weaker USD against SEK also weighed on the fund’s returns during the quarter.
During the period the fund added Cellebrite, which is active within digital security and forensic analysis. The also added Comfort Systems, which works with electrical and VVS installations, while we sold the holdings in Wex and Blackline.
The fund continues to hold high-quality companies with exposure to structurally strong themes, such as re-shoring, electrification and digitalization.
The fund changed its portfolio manager to Fredrik Börjesson on 1 March.
* Solactive ISS ESG Screened USA Small Cap Index
Portfolio distribution 31.03.2025
Geographic breakdown 31.03.2025
