Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (166 kB)
Prospectus (1567 kB)
Periodic reports
Sustainability SFDR (1074 kB)
Annual review (PF) (3181 kB)
Semi-annual report (PF) (196 kB)
Marketing material
Brief fund information
Summary SFDR (168 kB)
Pre-contractual SFDR
Pre-contractual SFDR (1090 kB)
Handelsbanken Global Selektiv (A1 NOK)
Legal name: Handelsbanken Global Selektiv (A1 NOK)
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 16-36 companies on the global stock markets. Our focus is on constructing a portfolio of high-quality companies with a variety of drivers and strong outlooks at a reasonable valuation.
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
Viking Kjellström Experience in the fund industry 1996. Portfolio Manager since 1 July 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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31.12.2025
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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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31.10.2025
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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 26.01.2026 | 1 week | 1 month | 3 months | 2026 | 1 year | 5 years | 10 years |
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| 430.95 NOK | -3.24% | -1.51% | 0.64% | -2.34% | -0.11% | 55.65% | 191.43% |
Portfolio 26.01.2026
Portfolio manager comments — Q4 2025
The fund delivered positive performance during the quarter, rising by 1% in SEK, although slightly below the benchmark index*.
Among the holdings that contributed most positively to fund performance were Alphabet, Eli Lilly, and BNP Paribas. Alphabet was the single largest contributor and performed strongly, driven by the company’s continued expansion within AI and several strategic initiatives. During the period, the company completed a major acquisition within renewable energy, strengthened its position in public sector AI solutions through an extensive collaboration with the US Department of Defense, and continued the development of its autonomous driving business, Waymo. Increased interest from long term institutional investors further supported market sentiment.
Eli Lilly also contributed strongly, benefiting from very strong operational performance, particularly within obesity and diabetes treatments. Successful late stage clinical trials for new drug candidates, combined with rapidly increasing sales of existing products, drove both revenue and earnings. During the quarter, Eli Lilly also reached a historic valuation level, further reinforcing the positive momentum in the share price.
The French bank BNP Paribas also rose and supported fund performance. The share price increase was underpinned by strategic asset disposals, improved capital allocation, and an announced share buyback program. The bank reported stable results and demonstrated resilience in a continued uncertain macroeconomic environment, supporting the share price.
On the negative side, fund performance was primarily impacted by Meta Platforms, NetEase, and Sony Group. Meta Platforms underperformed as the share was weighed down by regulatory uncertainty, particularly in Europe, while the company’s continued investments in AI and the metaverse contributed to increased uncertainty regarding cost developments. Signals of upcoming cost reductions within the metaverse business were interpreted by the market as a sign of continued uncertainty surrounding the segment.
NetEase had a negative impact despite reported revenue growth. Profitability developed weaker than expected due to higher marketing expenses, while earnings per share came in slightly below analyst estimates. Management changes contributed to a more cautious view of the company’s short term outlook.
Sony Group also underperformed despite raising its profit guidance for the fiscal year and continuing to invest in content and entertainment. Legal challenges in the US market, together with market skepticism regarding certain investments, contributed to the negative performance.
The fund is well positioned from a risk perspective, without major risk concentrations. There is an overweight to the semiconductor sector following the new holding in SK Hynix in Korea. In addition, exposure to the financial sector was increased in existing holdings such as S&P Global and Mastercard, as well as through a new holding in the Brazilian exchange operator B3.
* Solactive ISS ESG Global Markets Index NTR
Portfolio distribution 31.12.2025
Geographic breakdown 31.12.2025
