Global High Dividend is an actively managed equity fund that invests in companies in different sectors globally where the average dividend level is higher compared to its benchmark. Companies with high dividend yields generally have a more mature business model, which tends to reduce their risk profile. The fund has a long-term investment horizon and an active investment strategy focused on a selection of companies, where sector, regional and thematic analyses are also key features 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. The fund is suitable for those who want a slightly less cyclical investment.
ISIN
Rtn. this y
Total fee
Risk
Fund type
Morningstar Rating Total
SFDR Classification
Fact Sheet (PRIIPs KID)
Returns
Asset Manager Comment
Updated 2026-02-06The market declined slightly in January, while the fund outperformed its benchmark index. The fund’s holdings in the industrial sector and the durable goods sector performed strongly during the month, while its holdings in the IT sector and finance performed weakly. The fund’s relative return benefited greatly from two Korean holdings that performed very strongly. One was Hyundai Glovis, which operates in the transport sector, where the rise in share price was largely driven by rumours of an IPO by the American robot manufacturer Boston Dynamics, in which they are a partner. The other company was vehicle manufacturer Kia, which has performed strongly in the market. This was driven by Hyundai Motor, which owns part of Kia, receiving a positive response after its chairman had a private meeting with Nvidia’s CEO. Another holding that performed well during the quarter was Taiwanese semiconductor manufacturer TSMC, which reported strong results that exceeded market expectations. One company that performed relatively poorly was US-based Microsoft, which delivered a report that did not live up to the market’s high expectations. There is uncertainty as to whether the company’s extensive AI investments will provide shareholders with a good enough return. The Finnish non-life insurance company Sampo, along with several other insurance companies, also had a weak relative return during the period.
Management
Managed the fund since
2018-09-01
Fredrik Mattsson
Fredrik Mattsson manages Swedbank Robur Fastighet and Swedbank Robur Global High Dividend. He has an M.Sc. Business and Economics and joined Swedbank Robur in 2008. Experience and education He has previously managed Finansfond (2010–2012) and Företagsobligationsfond (2012–2016). He has also worked as an equity analyst at Swedbank Robur (2008–2010). Fredrik has an M.Sc. Business and Economics from Lund University.
Global/Europe team
The team is responsible for our actively managed equity funds and invests both in small companies and major corporations in the majority of the markets around the world. The fund managers possess extensive knowledge of the various markets and closely monitor developments, both from the office and through site visits. The fund managers are responsible for their individual funds, and are supported by the fund management organisation, sustainability analysts and corporate governance specialists. The team consists of twelve portfolio managers who maintain close dialogues with the companies in which they invest, thereby enabling them to influence the companies in a sustainable direction.
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
32.70 %
Switzerland
9.53 %
Finland
8.73 %
France
7.63 %
Taiwan, Province of China
7.13 %
Other
30.68 %
Industry
Largest holdings
Asset allocation
Fees
Total fee
1.11 %
Ongoing costs
1.03 %
Of which
Management fee
1.02 %
Transaction costs
0.08 %
Performance based fee
-
Risk
Risk (SRI)
3 / 7Sharpe ratio 3 y
0.72 %
Standard Deviation 3 y
9.37 %
Active risk 3 y
5.51 %
Fund Facts
Management Company
Swedbank Robur Fonder AB
Share Class
C
Dividend
No
ISIN
SE0014261756
Base Currency
EUR
Share Class Currency
SEK
Start date
05/02/2021
NAV-price
17.21 EUR
Asset Under Management
13,556.36 MSEK
Type
Equity
Legal seat
Sweden
UCITS
Yes
Benchmark
MSCI All Country World Net
NAV Update
Daily
PPM-number
-
Morningstar Rating Total
Morningstar Rating är 4 av 5 stjärnor
Sustainability
SFDR Classification
Article 8
CO₂
4/13
Sustainable bonds
-
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, 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.