Global Trends is an actively managed equity fund that invests globally, primarily in companies across various industries that, through their products, services, or operations, according to Swedbank Robur's assessment, contribute to a more sustainable society. The management approach is thematic and based on demographics and health, technology and innovation, security and geopolitics, as well as climate and natural resources. The fund has a long-term investment horizon and an active investment strategy that focuses on company selection, where sector and regional analysis are also important components of the strategy. 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 consists of share classes, for more information see the Information Brochure.
ISIN
Rtn. this y
Total fee
Risk
Fund type
Morningstar Rating Total
SFDR Classification
Fact Sheet (PRIIPs KID)
Returns
Management
Managed the fund since
2024-03-01
Liselott Ledin
Liselott Ledin manages Swedbank Robur Global Trends, Talenten Aktiefond MEGA and KPA Aktiefond. She has extensive experience in equity asset management and joined Swedbank Robur in 2024. Experience and education She has previously been head of equity asset management at Alecta (2019-2023), where she also managed Swedish, European and American equities (2012-2023), and has been head of their equity analysis (2011-2019 and 2007-2009). Before that, she worked as a communications manager (2009-2011) and as a financial analyst (1995-2009) at Alecta. Liselott has an Executive MBA from Stockholm School of Economics (1998-1999) and an M.Sc. Business and Economics from Stockholm University (1991-1994).
Global equities team
Our global equities team invests in the majority of the markets around the world. The fund managers are responsible for their individual funds and select the companies to invest in, at the same time as the entire team works closely together, sharing knowledge and ideas. The team consists of eleven portfolio managers, and they are supported by our sustainability analysts and corporate governance specialists, which gives them a unique and broad basis for their investments.
Active equity funds
The actively managed equity funds apply an investment strategy based on analysis of fundamentals. The focus is on the selection of companies, but sector, regional and thematic analyses are also key components of the strategy. The fund managers strive through active management to attain a return that exceeds the average return in the markets where the funds invest, in other words, a return that exceeds the fund’s benchmark index. Our fund managers integrate sustainability as a natural component of the funds’ investment processes.
Region
United States of America
63.17 %
France
6.63 %
United Kingdom
5.46 %
Canada
3.48 %
Ireland
3.12 %
Other
16.32 %
Industry
Largest holdings
Asset allocation
Fees
Total fee
0.76 %
Ongoing costs
0.72 %
Of which
Management fee
0.72 %
Transaction costs
0.04 %
Performance based fee
-
Risk
Risk (SRI)
4 / 7Sharpe ratio 3 y
0.11 %
Standard Deviation 3 y
13.81 %
Active risk 3 y
2.67 %
Fund Facts
Management Company
Swedbank Robur Fonder AB
Share Class
J
Dividend
No
ISIN
SE0017133978
Base Currency
SEK
Share Class Currency
SEK
Start date
17/02/2022
NAV-price
498.45 SEK
Asset Under Management
40,561.49 MSEK
Type
Equity
Legal seat
Sweden
UCITS
Yes
Benchmark
MSCI World Net
NAV Update
Daily
PPM-number
-
Morningstar Rating Total
Morningstar Rating är 4 av 5 stjärnor
Sustainability
SFDR Classification
Article 8
CO₂
3/11
Sustainable bonds
-
Exclusion level
Extended level
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, a net zero target, business strategies that include the UN Global Goals (SDGs), an environmentally more sustainable approach by the activities of companies through Environmental Engagement (E) and an increased social responsibility on the part of 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 80% of the fund's assets to consist of investments aligned with environmental or social characteristics, of which at least 15% 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, net zero target, SDG aligned revenues, 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.