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Closed primary market: XACT Sverige

Closed primary market: XACT Sverige

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The market for issuing and redeeming fund units (primary market) in XACT Sverige will be closed on November 30 due to index rebalancing. Please observe that the secondary market is open.

Sweden’s first Nordic Swan Ecolabelled index fund

Interest for savings and investing with a sustainable focus has been steadily increasing. We are currently enhancing our range of sustainable investments with the first Nordic Swan Ecolabelled index fund in Sweden. This is an index fund that meets the independent requirements for the exclusion and inclusion of companies based on sustainability criteria.

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All of Handelsbanken’s funds are managed with sustainability aspects taken into consideration. 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,” says Pär Nürnberg, CEO of Xact Kapitalförvaltning.

Previously, several of the traditional index funds were adapted for sustainability by selecting new indexes with sustainability criteria. 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 SIX, one of our index providers, as well as ISS-Ethix-oekom, one of our sustainability analysis providers. Together, they have successfully developed an entirely new equity index, “SIX Sweden ESG Selection Index”, which meets the stringent sustainability requirements of the Nordic Swan Ecolabel.

Additional information about XACT Sverige
XACT Sverige is an exchange-traded index fund and its objective is to track the performance of SIX Sweden ESG Selection Index GI as closely as possible. The index consists of large and mid-sized Swedish companies that comply with the sustainability criteria in the index. The sustainability requirements of the index comprise both the inclusion of companies with high sustainability ratings as well as the exclusion of companies in controversial business operations. The change to the name and index does not result in any major change to the fund’s investment focus or risk level.

Responsible investments
Handelsbanken shall contribute to long-term sustainable development and we aim to reduce our environmental and climate impact. Within this context, our funds play a vital role and can contribute to a more sustainable future by influencing the actions of companies. Many of our funds currently have the Criteria label, which means that the funds exclude companies with operations linked to fossil fuels, war materials, commercial gaming, pornography, alcohol and tobacco. Handelsbanken works continuously to develop its range of funds in a more sustainable direction.

Further information about
XACT Sverige
svanen.se/spararen

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

Sustainability in Xact

Our goal is to generate good, long-term returns, which requires that we invest in a sustainable, responsible manner.

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Read more about sustainability in Xact here.

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  • i Source: Millistream
  • Updated Updated 23:29, 2018-12-09
  • i Source: Handelsbanken
  • Uppdated Uppdated 23:45, 2018-12-09
  • Information Source: Handelsbanken
  • Updated Updated 23:45, 2018-12-09

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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.