News

XACT Sverige – The world’s first Nordic Swan Ecolabelled index fund

Our savings customers will now be able to invest in the first index fund that meets the sustainability requirements of the Nordic Swan Ecolabel. The combination of an index fund and a widely-trusted independent label such as the Nordic Swan aims to simplify the selection of a mutual fund.

“Making the right choice should be easy. It shouldn’t be more difficult to select an ecolabelled fund than to choose an ecolabelled laundry detergent. The Nordic Swan Ecolabel is well-known and is widely-trusted by consumers. As an independent player, the Nordic Swan Ecolabel acknowledges that XACT Sverige has been reviewed and meets the stringent requirements,” says Pär Nürnberg, CEO of Xact Kapitalförvaltning.

When it became possible to ecolabel funds last year, none of the existing index funds fully complied with the sustainability requirements of an ecolabel. As Sweden’s leading provider of index funds and exchange-traded index funds, we saw this as a challenge and began to collaborate with our index providers as well as one of our sustainability analysis providers. Together, they have successfully developed an entirely new equity index, “SIX Sweden ESG Selection Index”, which meets the sustainability requirements of the Nordic Swan Ecolabel.

XACT Sverige is an exchange-traded index fund and its object is to follow the performance of SIX Sweden ESG Selection Index GI as closely as possible. The Index consists of a selection of the most-traded equities on the Nasdaq Stockholm Stock Exchange that fulfil the sustainability requirements in the index. The sustainability requirements mean partly that companies with high sustainability ratings are included (inclusion) in the index, and that companies operating within controversial sectors may not be included (exclusion) in the index.

The Nordic Swan is the official ecolabel in the Nordics and helps consumers make environmentally conscious choices. The fund must meet the 25 mandatory requirements with regard to exclusion, inclusion, transparency and engagement.

 

 

 

Read more at xact.se

Read more at svanen.se/fonder

 

 

For further information, please contact:

Pär Nürnberg, CEO, Xact Kapitalförvaltning AB, 08 - 701 34 05

 

A fund’s historical return is no guarantee of future returns. Investments made in the fund can rise or fall in value, and it is not certain that you will get back all the capital you have invested. The comprehensive information brochure, with fund rules, fact sheets and current share price performance is available for each fund. Xact does not assume any liability for any errors in the information.

XACT OMXSB Utdelande (UCITS ETF) will be switching to a sustainability-oriented index and will be changing its name

XACT OMXSB Utdelande (UCITS ETF) will be switching to a sustainability-oriented index and will be changing its name on October 10, 2018.

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Xact Kapitalförvaltning is amending the fund rules of XACT OMXSB [legally registered as XACT OMXSB Utdelande (UCITS ETF)]. The fund will continue to invest in the most- traded equities listed on the Stockholm stock exchange, but will be switching to an index that also contains specific sustainability requirements for those companies included in the index. As a result of the requirements, companies with high sustainability ratings will be included (inclusion) in the index, while companies involved in verified violations of international norms and companies operating within controversial sectors will not be included (exclusion). This does not involve any substantial change to the fund’s investment focus or risk level.

In connection with the index switch, the fund’s name will be changed to XACT Sverige (UCITS ETF).

For detailed information, please refer to the information brochure and the fund’s new sustainability profile, which will be made available at www.handelsbanken.se/funds and xact.se in conjunction with the change.

Index prior to the change

OMX Stockholm Benchmark Index (OMXSB)

Index after the change

SIX Sweden ESG Selection Index GI

The fund rules have been approved by the Financial Supervisory Authority and the new fund rules, fact sheet and information brochure will be available as of October 10, 2018 at www.handelsbanken.se/funds and xact.se.

For additional information, please contact:

Pär Nürnberg, CEO, Xact Kapitalförvaltning AB, 08-701 34 05

A fund’s historical return is no guarantee of future returns. Investments made in the fund can rise or fall in value, and it is not certain that you will get back all the capital you have invested. The comprehensive information brochure, with fund rules, fact sheets and current share price performance is available for each fund. Xact does not assume any liability for any errors in the information.

Xact Kapitalförvaltning AB, Mail address: Blasieholmstorg 12, SE-106 70 Stockholm, Telephone: +46 8 701 40 00, Headquarters: Stockholm, Sweden, Organisation registration number: 556997-8140, www.xact.se

Xact lists a new Nordic Smart Beta ETF

Today, Xact is listing the first Nordic smart beta ETF, which tracks stable, dividend-paying equities. The fund, XACT Nordic High Dividend Low Volatility, tracks an index that combines dividends and stable returns.

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This strategy is used by major institutional investors on the one hand and private savers on the other, and is particularly attractive when traditional low risk investments provide no – or very low – returns.

Complementing dividends with the “low risk” factor (i.e. low volatility in the share) creates the basis for the index to identify stable, dividend-paying stocks – a strategy that has historically provided stronger returns than a traditionally market value-weighted index.

“It’s very pleasing today to list XACT Nordic High Dividend Low Volatility, and to bring the first Nordic smart beta ETF to the market. With our new ETF we aim to meet the market’s demand for stable, dividend-paying equities with a smart exposure in a smart format – and also at a low cost,” says Pär Nürnberg, Chief Executive of Xact Kapitalförvaltning.

The strategy used by the fund has proved successful historically, particularly during periods of rising interest rates.

“This is the reason why we have chosen to launch this fund as our first smart beta ETF,” says Pär Nürnberg.

 

First day of trading: 6 April on Nasdaq Stockholm

Legal name: XACT Nordic High Dividend Low Volatility (UCITS ETF) (B1 SEK)

Exchange code: XACTHDIV

Management fee: 0.30 per cent annually

ISIN: SE0009778954

 

For further information, please contact: Pär Nürnberg, Chief Executive, Xact Kapitalförvaltning AB +46 (0)8 701 3405

New Chief Executive of Xact Kapitalförvaltning AB

Pär Nürnberg has been appointed as the new Chief Executive of Xact Kapitalförvaltning AB.

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At present, he is Deputy Chief Executive of the company and is currently the Acting Chief Executive. He will take up his new position on 1 February 2016.

Read the pressrelease here. 

Options on XACT OMXS30

For the first time options will be listed on an exchange traded fund (ETF) on NASDAQ OMX Stockholm.

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Starting today standardised options can be traded on the exchange traded fund XACT OMXS30. Read the press release here.

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Today's market

OMXS30GI -1.13%
OBX -0.92%
Energy -2.18%
Industrials -1.64%

Currency

USD/SEK (9.00) 0.08%
EUR/SEK (10.31) 0.43%
  • i Source: Millistream
  • Updated Updated 19:21, 2018-11-19
XACT BEAR 2 +2.11%
OBXEXDBEAR +1.80%
XACT BEAR +1.59%
XACT OBLIGATION -0.04%
XACT NORDEN 30 -0.70%
  • i Source: Handelsbanken
  • Uppdated Uppdated 19:28, 2018-11-19
XACT BULL 2 -2.15%
OBXEXDBULL -1.79%
XACT BULL -1.61%
XACT OMXS30 -1.13%
XACT Sverige -1.10%
  • Information Source: Handelsbanken
  • Updated Updated 19:28, 2018-11-19

Data source

This information is updated every 15th minute from Millistream. Xact does not assume any liability for errors in the information.

Data source

This information is updated every 15th minute from Handelsbanken. Xact does not assume any liability for errors in the information.