Factsheet and Information Brochure
Factsheet
Target Market
Costs and charges
Fund rules (178 kB)
Prospectus (1354 kB)
Periodic reports
Sustainability SFDR (931 kB)
Annual review (PF) (2873 kB)
Semi-annual report (PF) (198 kB)
Marketing material
Brief fund information
Summary SFDR (172 kB)
Handelsbanken Global Momentum (A9 NOK)
Legal name: Handelsbanken Global Momentum (A9 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.
Objectives and Investment Policy
The fund’s objective is to offer exposure to companies on the global equity markets that demonstrate a positive risk-adjusted momentum.
The fund is rule-based and the investments in the fund are selected through a quantitative management model in which companies are rated and included based on their risk-adjusted momentum over one or several time periods. Other factors, such as liquidity, market value, turnover, etc., can impact the selection of companies and the weighting of each company in the fund. Fund returns are determined by how the fund's investments in equities increase or decrease in value. The investment focus is global and thus not limited to any specific sector or region. The fund does not invest in companies that violate international norms and conventions regarding human rights, labor, anticorruption and the environment.
The fund applies a restrictive position to fossil fuels and does not invest in companies with business operations within the war materials, tobacco, alcohol, commercial gambling, cannabis and pornography segments/sectors in the manner described in the prospectus. However, the fund may invest in companies that are involved in power generation, distribution or services related to fossil fuel in which the company is deemed to be transitioning its business operations to more renewable energy.
The fund may invest in derivative instruments as part of the fund’s investment focus. However, the use of derivative instruments is not of such a nature that it impacts the fund’s risk level in any significant manner.
We compare fund performance with Solactive ISS ESG Screened Developed Markets Index and as a result of the controlling factors of the quantitative model, among other things, the fund’s deviation from the index is expected to be relatively high.
The shareclass does not distribute dividends. All income is reinvested in the fund. Normally, you may purchase and sell fund units every banking day.
Additional information about the sustainability work, the share class designation in parentheses and the management in relation to the funds benchmark index, may be found in the prospectus.
Recommendation: This fund may not be suitable for investors who plan to withdraw their money within 5 years.
Performance
In percent including distribution
The bar chart above shows the fund’s historical performance in NOK, net of fees. If the fund pays dividends, performance is calculated with the distribution added back. Inflation has not been taken into account.
| Performance | Fund 1 | Index 2 |
|---|---|---|
| 31.10.2024 | 38.88 | 27.19 |
| 2023 | 20.53 | 29.16 |
| 2022 | -19.41 | -11.52 |
| 2021 | - | - |
| 2020 | - | - |
| Average. perf. | Fund 1 | Index 2 | 2 years | 26.34 | 26.74 |
|---|---|---|
| 3 years | 11.77 | 15.67 |
| 5 years | - | - |
| 10 years | - | - |
Sector Breakdown 31.10.2024
Largest holdings 31.10.2024
| NVIDIA Corp | 7.29% |
| Apple Inc | 3.25% |
| Microsoft Corp | 3.06% |
| Walmart Inc | 2.62% |
| Eli Lilly and Co | 2.55% |
| JPMorgan Chase & Co | 2.40% |
| Welltower Inc | 2.21% |
| Agnico Eagle Mines Ltd | 2.19% |
| The Goldman Sachs Group Inc | 2.18% |
| Fair Isaac Corp | 2.17% |
Style Box™ 31.10.2024
Risk measures (3 years) 31.10.2024
| Total risk | 14.72% |
| Total risk in index | 12.35%* |
| Tracking error | 6.92%* |
| Information ratio | -0.56* |
| Sharpe ratio | 0.62 |
| Sharpe ratio index | 1.05* |
Distributions are reinvested in the funds and their benchmarks to obtain relevant comparisons. All key figures are calculated on the basis of effective annual yields. Values for the past three years have been used for the majority of funds. For newer funds Handelsbanken Fonder AB uses Bloomberg Port for risk forecast calculations.
Total risk/Total risk in index is stated as the standard deviation for variations in the fund/index's monthly yields. The higher the number, the higher the risk.
Tracking error is measured as the standard deviation for the difference between yields in the fund and its benchmark (variation in relative yields). The historical tracking error indicates how much the fund’s yield has deviated from its benchmark.
Information ratio is a measure of the active returns attained by the fund by deviating from its benchmark. It is the ratio between the active returns and the tracking error. A negative information ratio means that the fund has underperformed its benchmark.
Sharpe ratio/Sharpe ratio is a measure of the fund/index’s return, taking into account the risk of the fund/index. A high return attained at a lower risk is better than an equivalent return attained at a high risk. Calculated, on the one hand, as the ratio between the return, less the risk-free interest (interest on government securities) and, on the other hand, the total risk of the fund/index. The Sharpe ratio is most relevant to compare the yields of various markets, while taking risk into account.
Total risk/Total risk in index is stated as the standard deviation for variations in the fund/index's monthly yields. The higher the number, the higher the risk.
Tracking error is measured as the standard deviation for the difference between yields in the fund and its benchmark (variation in relative yields). The historical tracking error indicates how much the fund’s yield has deviated from its benchmark.
Information ratio is a measure of the active returns attained by the fund by deviating from its benchmark. It is the ratio between the active returns and the tracking error. A negative information ratio means that the fund has underperformed its benchmark.
Sharpe ratio/Sharpe ratio is a measure of the fund/index’s return, taking into account the risk of the fund/index. A high return attained at a lower risk is better than an equivalent return attained at a high risk. Calculated, on the one hand, as the ratio between the return, less the risk-free interest (interest on government securities) and, on the other hand, the total risk of the fund/index. The Sharpe ratio is most relevant to compare the yields of various markets, while taking risk into account.
Facts
| Fund Facts | |
|---|---|
| Fund managed by | Karl Nygren |
| Country of registration | Sweden |
| Main category | Equity Fund |
| Sub category | Global |
| Fund, date of launch | 23.02.2021 |
| Share class, date of launch | 24.03.2021 |
| Fund assets | 1,028 MSEK (31.05.2024) |
| Reporting Currency | NOK |
| Trading Currency | - |
| Instrument category | Uncomplicated |
| UCITS | Yes |
| ISIN | SE0015659214 |
| Short name | GMOA9N |
| Available for sale | Norway, Sweden |
| Fund Company Facts | |
|---|---|
| Management Company | Handelsbanken Fonder AB |
| Approval of fund operations | 06.05.1991 |
| Other approvals |
Discretionary Asset Management Manager of Alternative Investment Funds (AIFs) Provide investment advice Receive and forward orders
|
| Custodian Institution | J. P. Morgan SE - Stockholm Bankfilial |
| Legal domicile of fund | Stockholm, Sweden |
| Regulation Authority | Swedish Financial Supervisory Authority |
| Auditor | PricewaterhouseCoopers |
| Complaints Manager | Jörgen Larson |