Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (180 kB)
Prospectus (1262 kB)
Periodic reports
Sustainability SFDR (883 kB)
Annual review (PF) (2831 kB)
Semi-annual report (PF) (194 kB)
Marketing material
Brief fund information
Summary SFDR (173 kB)
Handelsbanken Hållbar Global Obligation (A9 SEK)
Legal name: Handelsbanken Hållbar Global Obligation (A9 SEK)
Bond 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 an actively-managed fixed income fund that invests in sustainable bonds which are specifically issued for the purpose of financing improvements to the environment, climate, poverty or one of the other 17 UN Global Sustainable Development Goals. The fund invests worldwide in bonds that have a credit rating of Investment Grade, which refers to high-quality credit. The average residual maturity for the fund's investments total a maximum of seven years and holdings are currency-hedged in SEK.
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 manager
Karin Göransson Experience in the fund industry 2006. Portfolio Manager since 20 February 2019.
|
|
||
|---|---|---|---|
|
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.
|
|
|
||
|---|---|---|---|
|
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 |
|
30.09.2024
|
|||
|---|---|---|---|
|
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 20.11.2024 | 1 week | 1 month | 3 months | 2024 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 98.57 SEK | 0.05% | -0.28% | 0.93% | 3.27% | 5.96% | - | - |
Portfolio 17.10.2024
Portfolio manager comments — Q3 2024
Fund performance was positive in Q3 and the fund rose 3% in SEK. Global rates fell sharply during the period. After a calm start to the quarter, concerns about a recession increased at the beginning of August when weak data, most notably from the US labor market, led the market to price in sharp cuts to key rates. The central banks lowered key rates across a broad front. The Riksbank, which began its cycle of rate cuts in Q2, made two additional cuts to rates. The European Central Bank followed up its rate cut in June with a further cut in September, while the US central bank began its cycle of rate cuts with a cut of 50 bps in September.
Our baseline scenario during the year has been that there was a high risk for a recession and that we will be facing a weaker labor market ahead. The fund has therefore been positioned for lower interest rates, which was favorable for fund returns during the quarter. Our assessment is that Sweden is slightly ahead in the cycle and has bottomed out. The fund was previously positioned with a higher 5-year rate in Sweden relative to Germany, which also contributed positively to returns.
The credit markets have been very active with high issuing volumes and significant interest from investors. The fund continues to identify bonds with a clear focus on water, which has been a theme over several years. The fund added a green bond from Sydvatten, which we have owned for some time and also invested in a new green bond from IFC, which is a part of the World Bank. The financing from the IFC green bonds will be allocated to support clean marine environments and access to clean drinking water in emerging countries.
Portfolio distribution 31.10.2024
Geographic breakdown 31.10.2024
