Technology is an actively managed equity fund that mainly invests worldwide in large and medium-sized companies in the IT sector. This sector includes, for example, companies active in software, computer manufacturing, communication devices, semiconductors and IT services. Since the sector is dominated by US companies, most of the fund’s assets are usually invested in the US. The fund has an active investment strategy focused on a selection of companies, where thematic analysis is an important part 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
Asset Manager Comment
Updated 2026-05-07The global market situation in April was characterised by continued strong risk appetite, despite an uncertain macroeconomic environment marked by geopolitical tensions and lingering uncertainty over interest rates. Equity markets performed strongly, with the technology sector as the clear leader. The NASDAQ recorded its second-strongest month since 2002, underlining the strong momentum currently in the sector.
A key driver behind this performance is the strong start to the reporting season. In particular, the major cloud and infrastructure companies are demonstrating a combination of high growth and robust profitability. This is crucial, as it confirms that the extensive investments in AI infrastructure are not only driving demand but also generating returns. Order books continue to grow at a rapid pace, whilst margins remain strong, which is easing market concerns about potential overinvestment.
At the same time, investments in AI-related infrastructure are accelerating further. Demand for data centre capacity, semiconductors and memory continues to outstrip supply, driving both volume growth and price levels. This particularly benefits companies exposed to hardware and the underlying infrastructure.
The software sector has seen a more mixed performance. Reports have generally been stable, but not strong enough to exceed the high expectations. Furthermore, AI revenues remain a relatively limited part of many companies’ total business, which contributes to a more cautious market outlook.
In summary, the market is driven by a continued strong AI-related investment cycle, where demand, growth and profitability interact positively – particularly within infrastructure. The key question going forward is how sustainable this dynamic is, and when value creation will shift to a greater extent towards the software sector.
The fund’s top contributors during the period were Seagate, Credo, and Marvell.
Management
Managed the fund since
2024-02-19
Christian Blink
Christian Blink manages Swedbank Robur Technology. He has extensive experience in American technology companies and joined Swedbank Robur in 2016. Experience and training He has previously managed Swedbank Robur USA (2022-2025) and was head of the global equity team (2021-2025). He has also managed Swedbank Robur Småbolagsfond Europa (2017–2019) and Swedbank Robur Small Cap USA (2019–2022). Christian has previously worked as an equity analyst at Swedbank Robur (2016–2017) and Swedbank markets (2010–2016). Prior to that, he was an equity analyst at ABG Sundal Collier, (2007–2010). He has an M.Sc Business in Finance from Linköping University (2003–2007).
Assistant manager
Managed the fund since
2024-06-10
Nejla Salkovic
Nejla Salkovic works as an assistant portfolio manager of Swedbank Robur Technology. She has experience as a tech analyst and started working at Swedbank Robur in 2024. Experience and education She has previously worked as an investment analyst at GP Bullhound (2021-2024). Prior to that, she worked as Marketing and Sales Coordinator at BMW Financial Services (2021) and within Fund Operation at Nordnet Bank (2019-2021). She has also worked with Corporate Finance at Erik Penser Bank (2018-2019). Nejla-Selma has an M.Sc. in Business and Management from Uppsala University (2020-2022) and a B.Sc. in Business Administration from Stockholm University (2014-2018).
Managed the fund since
2023-08-14
Peter Eriksson Socha
Peter Eriksson Socha works as a senior technical analyst in the equity management team and as assistant portfolio manager of Swedbank Robur Technology. He has extensive experience from the tech industry and started working at Swedbank Robur in 2023. Experience and education Peter has previously worked as Senior Manager at Deloitte Consulting M&A (2021-2023), and as Senior Manager at PwC Management Consulting (2017-2021 and 2010-2015) within due diligence of IT companies. He has also worked as a Manager within IT strategy and governance at 3gamma AB (2015-2017). Prior to that, he worked as an IT consultant at Accenture AB (2008-2010). He has an M.Sc. in Engineering Physics (1999-2007) and a Master’s degree in Entrepreneurship (2004-2005) from Uppsala 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
Updated: 30/04/2026
Industry
Updated: 30/04/2026
Largest holdings
Updated: 30/04/2026
Fees
Total fee
1.38 %
Ongoing costs
Of which
Management fee
Transaction costs
Performance based fee
Risk
Risk (SRI)
5 / 7Sharpe ratio 2 y
Standard Deviation 2 y
Active risk 2 y
Fund Facts
Management Company
Share Class
Dividend
ISIN
Base Currency
Share Class Currency
Start date
NAV-price
Asset Under Management
Type
Legal seat
UCITS
Benchmark
NAV Update
PPM-number
Morningstar Rating Total
Sustainability
SFDR Classification
CO₂
Sustainable bonds
Exclusion level
ESG rating
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 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, 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.