The objective of this fund is to achieve above-market performance. The share class is accumulating.
The fund invests mainly in Swedish bonds that have a short duration and money market instruments from companies and credit institutions (banks) that have a sustainability profile or an improving sustainability profile. In addition to the sustainable investment policy that applies to all funds in the SICAV, this fund does not invest in companies whose revenues mainly originate from sectors such as alcohol, tobacco or pornography.
In actively managing the fund's portfolio, the management team selects securities that appear to offer superior investment characteristics. The management team monitors actively issuers' sustainability profile and compliance with internationally recognised sustainable investment principles and engages proactively in dialogues with issuers on matters such as sustainability, strategy, finance and operations. The fund generally expects that its holdings, and therefore its performance, may differ somewhat from those of the benchmark.
The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.
The total average modified duration, including cash, is less than 1 year. The duration indicates among others the price risk of the bonds in which the fund invests. The lower the duration, the more price stable the bonds, if interest rates change.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 1 years.