Factsheet and Information Brochure
Factsheet
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Costs and charges
Fund rules (212 kB)
Prospectus (1624 kB)
Periodic reports
Sustainability SFDR (1098 kB)
Annual review (PF) (3211 kB)
Semi-annual report (PF) (201 kB)
Marketing material
Brief fund information
Summary SFDR (170 kB)
Pre-contractual SFDR
Pre-contractual SFDR (1146 kB)
Handelsbanken Europa Småbolag (A9 EUR)
Legal name: Handelsbanken Europa Småbolag (A9 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 issued by small and mid-sized companies that is headquartered in Europe or are traded in the Europe and thereby have a currency exposure in 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
Gisela Gardelius Experience in the fund industry 2019. 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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30.09.2025
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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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31.07.2025
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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 24.10.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 54.28 EUR | 3.45% | 3.06% | 2.36% | 16.61% | 15.64% | 24.27% | - |
Portfolio 09.10.2025
Portfolio manager comments — Q3 2025
The fund declined by approximately 2.1% during the third quarter of 2025, while its benchmark, the Solactive ISS ESG Screened Europe Small Cap Index NTR, increased by around 0.2%. The market during the quarter was characterized by a consolidation phase, in which the earlier gains from the year weakened and the index as a whole traded largely sideways. Political uncertainty in France increased following the resignation of the Prime Minister after a vote of no confidence. President Emmanuel Macron has now appointed a new Prime Minister and budget negotiations have commenced, providing a measure of stability. Small‑cap equities have once again begun to outperform large‑caps during the year, strengthening as a group, which supports the fund’s investment focus.
The strongest positive contributors to the fund’s return during the quarter included Atalaya Mining, Erste Group Bank, Do & Co, Applied Nutrition, CTP, Innoscripta, Medcap, and Genmab. The largest detractors were Persimmon, CTS Eventim, Games Workshop, Vusion Group, and Amplifon. During the period, the fund initiated new positions in Salmar, Bechtle, Trigano, and Avanza. These investments were primarily financed through sales of holdings in Wallenstam, Peel Hunt, Pullup Entertainment, Liontrust Asset Management, and AB Dynamics.
We note that European small‑cap equities have begun to regain ground versus large‑caps after an unusually long period of relative underperformance. From a historical valuation perspective, European small‑caps continue to appear more attractive than their larger counterparts. The EU’s increased focus on reducing regulatory burdens and promoting growth and investment is, in our assessment, positive for the region. We also observe that smaller companies are better positioned to quickly implement AI solutions, potentially generating competitive advantages in the future.
The fund’s cautious view on the economic cycle is supported by the thematic growth drivers among our holdings, which contribute to a likely earnings expansion for the portfolio even in a continued weak macroeconomic environment.
Portfolio distribution 30.09.2025
Geographic breakdown 30.09.2025
