Selection 25 is an actively managed balanced fund that invests in equities, interest rates and alternative investments via other funds and direct investments. Normally, 25 percent is invested in equities and 75 percent in interest rates, of which up to 40 percent may comprise alternative investments with no geographic restrictions. A major share of the fund’s investments in equities are global thematic investments in areas considered sources of structural shifts, such as digitalisation, urbanisation, demographic changes and climate change. The fund complies with Swedbank Robur’s Responsible Investment Policy. Read more about the policy in the fund’s Information Brochure and swedbankrobur.se. Sustainability and climate work is an integrated part in our investment strategy. The fund is a special fund and not subject to the same regulations as traditional mutual funds.
ISIN
Rtn. this y
Total fee
Risk
Fund type
Morningstar Rating Total
SFDR Classification
Fact Sheet (PRIIPs KID)
Documents
Returns
Management
Managed the fund since
2018-11-22
Malin Hallén
Malin Hallén manages Swedbank Robur Selection. She is a certified financial analyst and joined Swedbank Robur in 2009. Experience and education She has previously managed Swedbank Robur Stiftelsefond (2012–2017) and the former Swedbank Robur Access Offensiv, Access Modig, Access Balanserad, Access Trygg, Access Emerging Markets and Access Hedge, Premium funds, and PB Safe, Core & Edge as well as other asset management assignments. She has also held roles as senior fund analyst at Handelsbanken Kapitalförvaltning (2008–2009) and as senior fund analyst and portfolio manager at Skandia (1998–2008). Malin has a B.Sc. in Business Administration and Finance from Stockholm University (1994–1998) and has a qualification as a certified financial analyst from Stockholm School of Economics (2005).
Managed the fund since
2024-05-20
Julia Axelsson
Julia Axelsson manages Swedbank Robur Selection. She has extensive experience in asset allocation and joined Swedbank Robur in 2024. Experience and education She has previously worked as Senior Research Director at NordSIP (2020–2024) and as Risk Manager at Länsförsäkringar (2015–2017). She has also worked as an asset allocation manager at Ålandsbanken (2010–2015) and as an assistant portfolio manager at Kaupthing Bank (2005–2010). Prior to that, she was Assistant Portfolio Manager at Nordea Investment Management (2002–2005) and Head of Customer Service, Institutional Clients at Nordbanken Portfolio Management (1999–2002). Julia holds an M.Sc. in Indology from Sofia University (1993). She also holds a degree in Economics from the Stockholm University (1995–1997) and a postgraduate degree in Financial Economics from the Stockholm School of Economics (1999–2000). She is a certified analyst of complex financial instruments and strategies (2009).
Allocation team
The responsibilities of the allocation team include management of our pre-packaged funds such as the Bas and Selection balanced funds, but also include tailored fund portfolios for institutional customers, among others. The fund managers have extensive experience in asset allocation, fund selection and portfolio design, and create high quality, long-term fund portfolios. They apply a regional perspective and other themes, such as the climate, when selecting the underlying funds. The team consists of eight portfolio managers and to identify interesting opportunities presented by activities such as trading derivatives, they maintain close collaboration with the Execution department.
Balanced funds
The majority of our balanced funds are actively managed and invest in equities and fixed-income securities, either directly in the actual securities or through other Swedbank Robur funds. In addition to equity and fixed-income investments, it is also possible to invest in credit, alternative fixed-income and equity investments as well as derivatives and external funds. Our fund managers integrate sustainability as a natural component of the funds’ investment processes.
Largest holdings
Asset allocation
Fees
Total fee
1.05 %
Ongoing costs
0.93 %
Of which
Management fee
0.80 %
Transaction costs
0.12 %
Performance based fee
-
Risk
Risk (SRI)
2 / 7Sharpe ratio 3 y
0.78 %
Standard Deviation 3 y
4.38 %
Active risk 3 y
1.25 %
Fund Facts
Management Company
Swedbank Robur Fonder AB
Share Class
N/A
Dividend
No
ISIN
SE0011643568
Base Currency
SEK
Share Class Currency
SEK
Start date
22/11/2018
NAV-price
125.06 SEK
Asset Under Management
4,563.28 MSEK
Type
Allocation
Legal seat
Sweden
UCITS
Yes
Benchmark
37.5% OMRX Bond All, 37.5% OMRX T-Bill, 25% MSCI All Country World Net
NAV Update
Daily
PPM-number
-
Morningstar Rating Total
Morningstar Rating är 3 av 5 stjärnor
Sustainability
SFDR Classification
Article 8
CO₂
6/13
Sustainable bonds
7.00 %
Exclusion level
Policy
ESG rating
AA
Sustainable Finance Disclosures
Summary
This financial product promotes environmental or social characteristics, but does not have a sustainable investment objective. However, the fund will have a minimum share of sustainable investments.
The fund analyses how the sustainable investments affect such things as emissions, water and biodiversity on an ongoing basis. The fund also ensures that the holdings do not seriously and systematically infringe on accepted international standards and conventions relating to sustainability as adopted by the UN, ILO and OECD or are otherwise involved in unacceptable operations relating to sustainability or corporate governance.
External suppliers will provide Swedbank Robur with an analysis of which companies can be associated with violations of international norms. Based on information from our suppliers and other available information, Swedbank Robur will make its own assessment on whether it is a question of a serious and systematic violation. If such a violation is deemed to occur, the company's securities are not a sustainable investment.
The fund promotes low emissions of carbon dioxide, business strategies that include the UN Global Goals (SDGs), sustainable bonds, an environmentally more sustainable approach by the activities of issuers and companies through Environmental Engagement (E) and an increased social responsibility on the part of issuers and companies through Social Engagement (S).
Sustainability and climate work constitute an integrated part of the investment strategy in order to manage sustainability and climate risks and to promote environmental and social characteristics. The fund is obligated to follow the Management Company’s "Policy for Responsible Investments" (adopted by the Board) and uses three overarching methods ("include", "exclude" and "engage") in order to achieve the environmental and social characteristics promoted by the fund. The fund follows the Management Company’s "Principles for Shareholder Engagement" (adopted by the Board). As an active owner, the aim of Swedbank Robur is that the companies we invest in are managed in an efficient and long-term sustainable manner.
There are plans for at least 60% of the fund's assets to consist of investments aligned with environmental or social characteristics, of which at least 10% will be sustainable investments.
The Management Company’s risk function monitors and checks that the environmental or social characteristics that the fund promotes are complied with. The risk function also performs a quarterly follow-up and analysis of the metrics the Management Company has selected to measure how the fund’s investments promote environmental or social characteristics.
In order to measure the attainment of the environmental and social characteristics that the fund promotes, the sustainability indicators weighted average carbon dioxide intensity, SDG aligned revenues, sustainable bonds, Environmental Engagement (E) and Social Engagement (S) are used.
Swedbank Robur uses several sources in its process to measure how funds promote environmental and social characteristics. Swedbank Robur purchases data from major data providers that have demonstrated a robust method for guaranteeing the quality of data. In order to guarantee the quality of the data purchased, the supplier's data and product range are reviewed. When there is an opportunity, test data is taken from several providers offering the same product in order to compare as large a selection as possible.
There are a number of limitations with the models and data being currently used. The main limitation is the number of asset allocations for which metric calculation methods exist. The coverage is generally good for the funds, where a mix between reported and estimated data is used. Furthermore, Swedbank Robur believes that the method used by the data provider for estimating data is reliable.
The Management Company has due diligence procedures in place in order to ensure that sustainability risks and the sustainability requirements established for the fund are taken into consideration in the investment decision. Sustainability analysis is an integrated part of the fund management’s investment process. In order to manage sustainability risks and integrate the risks in investment decisions, the fund management follows the procedures that the Management Company describes in the Management Company’s "Strategy to include" and "Strategy to exclude". The Management Company’s risk function performs a daily inspection to determine whether the fund’s holdings fulfil its sustainability requirements and regulations regarding exclusion.
The fund follows the Management Company's "Principles for Shareholder Engagement" (adopted by the Board). In the event of sustainability-related controversies in invested companies, Swedbank Robur has special procedures and processes to monitor and follow up with the company. Both dialogue work and voting are key tools to try to prevent and respond to sustainability-related controversies.This financial product promotes environmental or social characteristics, but does not have a sustainable investment objective. However, the fund will have a minimum share of sustainable investments.
The fund analyses how the sustainable investments affect such things as emissions, water and biodiversity on an ongoing basis. The fund also ensures that the holdings do not seriously and systematically infringe on accepted international standards and conventions relating to sustainability as adopted by the UN, ILO and OECD or are otherwise involved in unacceptable operations relating to sustainability or corporate governance.
External suppliers will provide Swedbank Robur with an analysis of which companies can be associated with violations of international norms. Based on information from our suppliers and other available information, Swedbank Robur will make its own assessment on whether it is a question of a serious and systematic violation. If such a violation is deemed to occur, the company's securities are not a sustainable investment.
The fund promotes low emissions of carbon dioxide, business strategies that include the UN Global Goals (SDGs), sustainable bonds, an environmentally more sustainable approach by the activities of issuers and companies through Environmental Engagement (E) and an increased social responsibility on the part of issuers and companies through Social Engagement (S).
Sustainability and climate work constitute an integrated part of the investment strategy in order to manage sustainability and climate risks and to promote environmental and social characteristics. The fund is obligated to follow the Management Company’s "Policy for Responsible Investments" (adopted by the Board) and uses three overarching methods ("include", "exclude" and "engage") in order to achieve the environmental and social characteristics promoted by the fund. The fund follows the Management Company’s "Principles for Shareholder Engagement" (adopted by the Board). As an active owner, the aim of Swedbank Robur is that the companies we invest in are managed in an efficient and long-term sustainable manner.
There are plans for at least 60% of the fund's assets to consist of investments aligned with environmental or social characteristics, of which at least 0% will be sustainable investments.
The Management Company’s risk function monitors and checks that the environmental or social characteristics that the fund promotes are complied with. The risk function also performs a quarterly follow-up and analysis of the metrics the Management Company has selected to measure how the fund’s investments promote environmental or social characteristics.
In order to measure the attainment of the environmental and social characteristics that the fund promotes, the sustainability indicators weighted average carbon dioxide intensity, SDG aligned revenues, sustainable bonds, Environmental Engagement (E) and Social Engagement (S) are used.
Swedbank Robur uses several sources in its process to measure how funds promote environmental and social characteristics. Swedbank Robur purchases data from major data providers that have demonstrated a robust method for guaranteeing the quality of data. In order to guarantee the quality of the data purchased, the supplier's data and product range are reviewed. When there is an opportunity, test data is taken from several providers offering the same product in order to compare as large a selection as possible.
There are a number of limitations with the models and data being currently used. The main limitation is the number of asset allocations for which metric calculation methods exist. The coverage is generally good for the funds, where a mix between reported and estimated data is used. Furthermore, Swedbank Robur believes that the method used by the data provider for estimating data is reliable.
The Management Company has due diligence procedures in place in order to ensure that sustainability risks and the sustainability requirements established for the fund are taken into consideration in the investment decision. Sustainability analysis is an integrated part of the fund management’s investment process. In order to manage sustainability risks and integrate the risks in investment decisions, the fund management follows the procedures that the Management Company describes in the Management Company’s "Strategy to include" and "Strategy to exclude". The Management Company’s risk function performs a daily inspection to determine whether the fund’s holdings fulfil its sustainability requirements and regulations regarding exclusion.
The fund follows the Management Company's "Principles for Shareholder Engagement" (adopted by the Board). In the event of sustainability-related controversies in invested companies, Swedbank Robur has special procedures and processes to monitor and follow up with the company. Both dialogue work and voting are key tools to try to prevent and respond to sustainability-related controversies.