Factsheet and Information Brochure
Factsheet
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Fund rules (234 kB)
Prospectus (1456 kB)
Periodic reports
Sustainability SFDR (877 kB)
Annual review (PF) (3123 kB)
Semi-annual report (PF) (191 kB)
Marketing material
Brief fund information
Summary SFDR (173 kB)
Handelsbanken Hållbar Global High Yield (B1 SEK)
Legal name: Handelsbanken Hållbar Global High Yield (B1 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 green and/or social bonds in which the borrowed capital is used for projects and activities to promote efforts related to sustainability and the environment or in bonds issued by issuers that support a sustainable development in line with the Sustainable Development Goals. The fund invests worldwide in bonds with lower creditworthiness, so-called high yield, which results in higher risk as well as a greater potential for returns. The fund has an average duration between 2 and 6 years and the holdings are 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
Klas Wennerstein Experience in the fund industry 2014. Portfolio Manager since 24 May 2022.
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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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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 |
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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. |
Graph
Performance
| Rate 17.04.2025 | 1 week | 1 month | 3 months | 2025 | 1 year | 5 years | 10 years |
|---|---|---|---|---|---|---|---|
| 99.89 SEK | 0.60% | -0.76% | -0.65% | -0.57% | 4.77% | - | - |
Portfolio 16.04.2025
Portfolio manager comments — Q1 2025
Fund performance was slightly positive during the quarter. The weaker returns can primarily be explained by individual companies, particularly within renewable energy where the willingness to invest has decreased significantly in the wake of the new presidency. The solar power sector in particular has been hit hard.
Fund performance was slightly positive during the quarter. The weaker returns can primarily be explained by individual companies, particularly within renewable energy where the willingness to invest has decreased significantly in the wake of the new presidency. The solar power sector in particular has been hit hard.
At the same time, additional high inflation figures from the US have contributed to rising interest rates, while developments in Europe have gone in the opposite direction. Low growth data in the eurozone has caused a decline in interest rates, even though the announcement of a new debt package of EUR 1 000 billion temporarily caused a sharp rise in European interest rates, with an intraday upturn of 30 bps.
The political turmoil after Donald Trump took office has been significant and resulted in high volatility, falling stock markets and credit spreads that have recently widened.
During the period the fund had a slightly lower credit risk and an underweight in the USD market, which benefited returns. The fund has retained a neutral duration position, with some exposure to a steeper yield curve.
The rate of new issues was high within European and Nordic high yield during the quarter. The fund participated in several issues, including that of Seche Environment S.A., a French company within waste management, as well as Getlink SE, which manages the tunnel between France and England. Both companies issued bonds within their green framework.