Objectives

The objective of this fund is to achieve above-market performance. The share class is accumulating.

Investment policy

The fund invests mainly in Swedish bonds.

Specifically, the fund invests at least two-thirds of net assets in bonds and other debt instruments that are traded on a regulated market, and are issued by companies, governments, municipalities or public organisations. These securities are denominated in SEK.

The modified duration, including cash, is 1 to 5 years. 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.

In actively managing the fund's portfolio, the management team selects securities that appear to offer superior investment characteristics. Although the fund generally expects that the names and weightings of its holdings may differ somewhat from those of the benchmark, its performance nevertheless is likely to be close to that of the benchmark due to the narrowness of the fund's investment universe.

The fund may use derivatives for hedging and efficient portfolio management.

Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.