Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (160 kB)
Prospectus (1545 kB)
Periodic reports
Sustainability SFDR (1092 kB)
Annual review (PF) (3207 kB)
Semi-annual report (PF) (207 kB)
Marketing material
Brief fund information
Summary SFDR (168 kB)
Handelsbanken Global Tema (A9 SEK)
Legal name: Handelsbanken Global Tema (A9 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 in equities issued by companies in the equity markets worldwide. 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).
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
Cecilia Auvray Experience in the fund industry 1991. 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. |
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The EU’s SFDR regulation (regulation 2019/2088 on sustainability-related disclosures in the financial services sector) was implemented in 2021 and provides for a standardization in the sustainability reporting for mutual funds. This has reduced the need for other sustainability labels. Accordingly, Handelsbanken Fonder has chosen to remove the fund’s Nordic Swan ecolabel license from December 17.
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Graph
Performance
| Rate 17.04.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 148.42 SEK | -0.17% | -7.89% | -21.65% | -19.54% | -11.33% | 61.27% | - |
Portfolio 16.04.2025
Portfolio manager comments — Q1 2025
The first quarter of 2025 included a bit of drama for the global equity markets, primarily due to the Trump administration’s proposal on tariffs. A lack of clarity about the structure of the tariffs and their presumed negative impact on inflation and growth created uncertainty, which was viewed unfavorably by the market.
In addition, DeepSeek, a Chinese competitor to ChatGPT, was launched and took the market by surprise, resulting in broad declines within both technology and electrification. At the same time, investors made a clear move away from the US where risk tolerance decreased. As a result, performance was weak in the US stock market during the quarter, in particular for the so-called MAG 7 companies, the technology sector overall as well as cyclical companies.
These turbulent times and significant shifts in the market have led to more substantial changes than normal in the portfolio. We added a number of new companies in line with our thematic process, while we also increased the portfolio’s resilience to a weaker economy.
We increased the exposure within the Demographics theme through investments in the insurance companies Tokio Marine (Japan) and Prudential (UK) as well as the US companies Tradeweb, a trading platform, and the insurance broker Brown & Brown.
We also added Netflix within the Lifestyles theme, while we sold Intuit, ServiceNow and Advantest, which are three tech companies that have a high sensitivity to business cycles and instead purchased the more economically independent pharmaceutical distributor McKesson.
The fund was negatively affected during the period primarily by the holdings related to data centers and electrification/re-industrialization of the US, where companies such as Fluence Energy, Prysmian, ABB, and Quanta Services had an impact.
Companies with more stable earnings contributed positively during the period, which included Sprout Farmers within food products, Boston Scientific, Abbott within healthcare, as well as the platform companies Tradeweb and Jack Henry, which benefit from recurring earnings.
The strengthening of the SEK against a number of the larger currencies had a negative impact on fund returns in SEK during the quarter.
Portfolio distribution 31.03.2025
Geographic breakdown 31.03.2025
