ISIN - International Security Identification Number, is a unique identifier for each fund. In Sweden, all registered funds start with letters SE followed by a 10 digit number.
Rtn. this y - Fund return in %, year to date.
Annual Fee - Ongoing Charges - expressed as % of Asset under Management, is an estimate of future costs in the fund. The estimate is based on actual costs during the previous 12 months. If a fund has changed its fees, the estimate is valid until 12 month actual historical data is available. The most important cost in the measure is the Management Fee. The Management fee includes fees to the management company, custody fees, supervisory and audit fees. The Management fees does not include interest, performance fees or commissions/transaction fees.
Risk. - The funds risk is a measure of potential return. For more information, please read the Fact Sheet and Information Broschure.
Morningstar Rating (3 years). - Morningstars Fund Rating system is a calculated risk/return measure that can be used to rank funds of similar category in the European market. The Rating is shown as a weighter average of the 3, 5 and 10 year average and expressed as a figure 1-5. The highest rank is 5 stars which is awarded to the 10% best funds in each category. A fund must have a performance history of at least three years to receive a rating. The rating is developed by the independent fund information company Morningstar.
SFDR Categorization. - EU Sustainable Finance Action Plan: Through new EU action plans and legal requirements, sustainability will become a regulated area for the financial industry. In March 2018, the European Commission launched an action plan to finance sustainable growth with three main objectives: 1) shift capital flows towards sustainable investments in order to achieve sustainable and inclusive growth 2) address financial risks arising from climate change, environmental degradation and social issues 3) increase transparency and improve reporting and promote transparency and long-term sustainability in economic activities.
The Disclosure Regulation means that new requirements will be imposed on the disclosure of sustainability-related information. The purpose of the Regulation is to (1) harmonize requirements for sustainability-related information within the EU 2) increase transparency and clarity regarding sustainability-related information 3) increase the attractiveness of sustainable investments.
Light Green - The Fund promotes environmental and/or social characteristics.
Dark Green - The fund has sustainable investments as its goal.
Other - The fund is not classified as light green or dark green.


Rtn. this y


Annual Fee




Fund type


Morningstar Rating (3 years)

Missing data


Dark Green

Fact Sheet (KIID)



No development data


Asset Manager Comment
Updated: 2022-09-06

Global Impact ended the month slighlty negative and weaker than the market as a whole.

Best of the Fund's four investment themes was Natural Resources with the Sustainable Water Technology subarea. Including the Chilean water company Aguas Andinas, whose share price has gone strong recently and was further lifted after the company presented strong results for the second quarter.

In the climate field, solar companies are at both the top and the bottom. The strongest was the American First Solar, which announced that it will increase its production capacity in the US by 75 percent and expects to have the capacity to provide electricity to more than 1.8 million households by 2025. At the same time, Israeli Solaredge Technologies and Chinese Xinyi Solar were the two companies with the worst monthly performance, after both companies submitted second quarter reports that were weaker than expected.

Even within basic needs, the quarterly reports were noticed and the fund was weighed down by a weak report from Horizon Therapeutics. On the positive side are Sarepta Therapeutics, which develops treatments for rare diseases, and which announced in connection with the report that they will submit an application to have their gene therapy treatment for Duchenne muscular dystrophy approved.

The Fund is weighed down somewhat relative to the index during the month, as several companies in which the Fund does not invest but which weigh heavily in the Fund's benchmark index, such as Apple, Amazon and Alphabet, have developed strongly during the month.
Largest holdings


fund manager
Managed the fund since:
David Stenlund
David Stenlund manages Swedbank Robur Climate Impact, Global Impact, Humanfond and Transfer funds. He has extensive experience of quant asset management and joined Swedbank Robur in 2003.

Experience and education
His track record includes managing Swedbank Robur Bas 25 and Bas 75 (2007–2017), Bas 50 (2012–2017), Bas Ränta (2014–2015), Bas 100 (2014–2017), Mixfond Pension, Stiftelsefond and KPA Etisk Blandfond 2 (2011–2017) and Dynamic (2014–2017). 

David has been head of the quant asset management department at Swedbank Robur since 2017. He has also worked as chief analyst for Multi Asset (2012–2017) and as a quantitative analyst (2006–2007) and risk manager (2003–2006) at Swedbank Robur.

He holds an M.Sc. in Industrial Engineering/Financial Mathematics from Lund University, Faculty of Engineering (1998–2003) and an M.Sc. in Economics from Lund University.
fund manager
Managed the fund since:
Johan Eriksson
Johan Eriksson manages the Swedbank Robur Climate Impact, Global Impact, Humanfond, Aktiefond Pension, Mixfond Pension and Transfer funds. He has many years of fund management experience and joined Swedbank Robur in 2007.

Experience and education
He has previously managed Swedbank Robur Ethica Global (2007–2010), Globalfond (2007–2013), Folksam LO Världen (2007–2015), Aktie Hedge, Global High Dividend, Talenten Aktiefond MEGA, KPA Etisk Aktiefond, Förbundsfond and the Access funds (2013–2015). He has also worked as a quantitative analyst at SEB Asset Management (2006–2007) and prior to that as a consultant at VPD Financial Software Consulting (1997–2006). 

Johan has a B.Sc. in Business Administration and Economics from Uppsala University (1993–1997).
fund manager
Managed the fund since:
Linnea Zanetti
Linnea Zanetti manages the Swedbank Robur Access Edge and Access funds as well as analysis of companies´ climate work for the fund Climate Impact. She has an M.Sc. Economics and Business and joined Swedbank Robur in 2011.

Experience and education
Linnea has worked as a fund manager since 2013. She has previous experience with shareholding disclosure at Swedbank Robur (2011–2013). Previously she worked at equities operations (2009–2011) and as an account manager (2008–2009) at SEB. 

Linnea has an M.Sc. in Business & Economics from Uppsala University (2003–2008).
Quant team
The quant team manages the Access and Access Edge index-linked funds, with exposure to various regions and markets, as well as the Transfer generation funds, and the pension funds: Aktiefond Pension and Mixfond Pension. The team also manages the funds Climate Impact and Global Impact. The fund managers work closely together to discuss investments and exchange ideas. They also work closely with Swedbank Robur’s sustainability and compliance team to ensure that the companies that the funds invest in meet our sustainability requirements. The team consists of eight portfolio managers who all have extensive experience in quant- and index-based asset management. Together they have assets under management of almost SEK 500 billion allocated across various funds. 
Quant management
Mathematical models are used for analysis and selection of equities in our actively managed equity funds that apply a quantitative asset management approach. The advantage of quantitative asset management is that it enables fund managers to apply a systematic approach to processing vast quantities of data. The fund managers can then select securities with properties that are expected to positively impact the portfolio’s long-term return. Sustainability is incorporated in the selection process, for example, when the fund managers prioritise companies whose operations, in various ways, benefit the transition to renewable energy and energy efficiency or companies that contribute to the UN Sustainable Development Goals.

Fundfacts & Fees



Sustainability measures
SFDR Categorization
Dark green
Exclusion level
Extended level

The fund´s sustainability work

Transparency regarding the integration of sustainability risks, the promotion of environmental or social characteristics, and sustainable investments.

The fund’s objective is sustainable investment

How are sustainability risks integrated into the investment-decision process?

To identify the greatest sustainability risks in the fund, a structured process is carried out taking quantitative environmental, social and corporate governance (ESG) data into account. The objectives of the fund’s ESG strategy are regularly monitored to ensure that the fund can once again be steered towards its objective in the event of deviations.

The fund limits sustainability risks by excluding certain types of companies, which are the companies with the weakest ESG scores, companies with controversial operations and companies that breach international standards and conventions. To reduce exposure to climate-related risks, the fund also excludes companies that derive their revenue from fossil fuels, according to pre-defined and communicated criteria.

The companies owned by the fund are reviewed annually to identify the companies with the greatest sustainability risks. The identified companies are then added to the documentation used to prioritise future ESG engagement processes.

How could sustainability risks affect the financial return of the fund should they materialise?

Sustainability risks could affect the financial return of the fund if they materialise at several different levels. Weak governance and control structures in a company may, for example, lead to irregularities that could have an adverse impact on the company’s share price. Material exposures to both transition and physical risks of climate change may pose a vulnerability should the risks materialise and lower the value of the fund’s underlying assets. The integration of sustainability risks into investment-decision processes is critical to achieving high and sustainable long-term returns.

Environmental, social and corporate governance (ESG) characteristics that are promoted by the fund’s management, or included in the fund’s objective

Environmental characteristics

Social characteristics

Practice for good governance

Other sustainable related characteristics

What ESG characteristics are included in the fund’s objective?

The fund is managed with the aim of helping to achieve the UN Sustainable Development Goals (SDGs). The fund only invests in companies that, in the fund management company’s view, provide products, services and activities that contribute to achieving the SDGs.

The fund’s investments contributing to UN Sustainable Development Goal focusing on climate, contribute to the following EU taxonomy for environmentally sustainable activities: climate change mitigation and climate change adaption.

The share of the company’s revenue derived from products and services that contribute to the SDGs varies. In 2020, the average share for companies in the fund was almost 60 per cent. A minimum level of 15 per cent is required when investing in individual companies. The goals are based on a universal agreement adopted by world leaders at a UN summit with the aim that all countries will mobilise efforts to end all forms of poverty, fight inequalities and tackle climate change by 2030. Read more about the SDGs at

In addition, the fund includes companies based on other quantitative ESG key performance indicators (KPIs). This means that the ESG performance of each individual company and their greenhouse gas (GHG) emissions are taken into account. In addition, the fund is focused on continuously reducing its carbon footprint, investing in climate-positive activities and systematically rewarding companies that are actively striving to reduce climate-related risks and have a science-based target for reducing their GHG emissions.

The fund excludes holdings with high sustainability risk scores and that provide products and services the fund management company considers harmful to society and the environment, according to the information below under “The fund excludes.” In addition, the fund avoids investments in companies that the fund has identified with the worst ESG performance in each sector.

How the fund intends to achieve its objective is described under “Methods used to integrate sustainability risks, promote environmental or social characteristics, or achieve a sustainable investment objective.”

Reference values

The fund uses the following index as a reference benchmark

No index has been chosen as a reference benchmark

The financial return of the fund is compared with the chosen market index. The chosen index does not fully reflect the fund’s sustainable investment target and is therefore not used as a reference benchmark for assessing the fund’s sustainable investment target. How the fund intends to achieve its objective is described under “Methods used to integrate sustainability risks, promote environmental or social characteristics, or achieve a sustainable investment objective.”

Information on the EU taxonomy for environmentally sustainable activities

The EU taxonomy is a classification system that aims to establish common criteria for environmentally sustainable economic activities.

According to the regulations, for each fund, the proportion of the fund's investments that is aligned with the taxonomy must be reported.

The taxonomy is under development and criteria for all environmental goals objectives are not yet decided on. There is also no established calculation model for the proportion of the fund's investments that is aligned with the taxonomy. The companies in which the fund invests have not yet begun to report on the extent to which their activities are aligned with the EU taxonomy. Therefore, the fund company assesses that it is not currently possible to provide reliable information on the proportion of the fund's investments that is aligned with the taxonomy.

Methods used to integrate sustainability risks, promote environmental or social characteristics, or achieve a sustainable investment objective

The fund selects

What investment strategy does the fund follow to achieve the ESG objectives?

The fund’s selection process is based on identifying companies that, in the fund management company’s view, provide products or services that are making a significant contribution to the achievement of the SDGs. The companies must also respect international standards and not be involved in industries we consider controversial. Less than 5 per cent of all companies worldwide meet the primary selection criteria.

The fund’s investments can be organised into four global improvement themes linked to the SDGs – climate action, natural resources, enabling and basic human needs. A considerable share of the companies’ revenue is derived from at least one of these themes. This could be companies that offer technologies for tackling climate change, such as alternative energy, energy efficiency and green buildings, or companies that are helping to protect land and marine biodiversity.

Sustainability and climate-related risk assessment is integrated into the fund’s investment-decision process. The composition of the fund is based on quantitative ESG KPIs, mainly because the fund only invests in companies that, in the fund management company’s view, contribute to the achievement of the SDGs. In addition, the performance of the fund is measured using other KPIs linked to ESG factors. These include a weighted ESG score and a pre-defined climate strategy. The ESG score accounts for the ESG performance of each individual company, their GHG emissions and their contributions to achieving the SDGs. The climate strategy requires reduction of the fund’s carbon footprint, investment in climate-positive activities and systematically rewarding companies that are actively striving to reduce climate-related risks and have a science-based target for reducing their GHG emissions.

The fund is managed systematically, and ESG factors play a central role in the investment-decision process.

The fund excludes

The fund does not invest in companies involved in the following products and services. A maximum of five per cent of the turnover of the company in which the placement takes place may relate to activities relating to the specified product or service.

Products and services

Under this heading, a fund which does not take sustainability aspects into account may also indicate which products and services are not included in the fund as a result of the fund's investment policy.

Cluster bombs, anti-personnel mines

Chemical and biological weapons

Nuclear weapons

Weapons and/or armaments


Tobacco & Cannabis

Fund company comments: The fund also refrains from making investments in companies whose turnover exceeds 5% from cannabis.

Commercial gambling activities


Fossil fuels (oil, gas, coal)

Fund company comments: The fund excludes companies with mining or refining activities linked to fossil fuels (coal, oil and gas) or transport from coal and oil. The fund takes a restrictive approach to the transport of gas and services associated with fossil fuels. The fund also takes a restrictive approach with regard to companies involved in power generation or network operations that make use of fossil fuels. Read more about our definitions, criteria and the possibility to invest in conversion companies in Swedbank Robur's Strategy to opt out.

International standards

The fund does not invest in companies that violate international standards. The assessment is made either by the fund manager itself or by a subcontractor.

Fund company comments: The fund invests in equities and other equityrelated negotiable securities issued by companies which respect the principles in international norms for human rights and the environment. Companies shall engage in environmental and sustainability work relevant to their sector and work with their environment-related risks and opportunities.

The fund does not invest in companies that do not take steps to address identified problems or where the fund considers that the companies will not address the problems for a period that the Fund Manager deems reasonable in the individual case.This option concerns funds that develop an action plan for contested companies, which are excluded if specified conditions are not met during the prescribed period of time.

Internationella normer avser internationella konventioner, lagar och överenskommelser såsom FN Global Compact och OECD:s riktlinjer för multinationella företag som rör frågor om miljö, mänskliga rättigheter, arbetsvillkor och affärsetik


For sustainability reasons, the fund does not invest in companies involved in certain countries/debt securities issued by certain states



The fund company influences

Corporate Influence in-house

Fund company comments: In total, we have ten internal specialists in sustainability and owner governance. The specialists conduct an ongoing dialogue with different companies and/or issuers to influence them to be more sustainable and to move them in a positive direction. The fund managers are also involved in the advocacy work.

Corporate influence in cooperation with other investors

Fund company comments: We engage with companies within the framework of PRI (Principles for Responsible Investment) and together with other investors on our own initiative.

Corporate influence through external suppliers/consultants

Fund company comments: Influence is conducted through two external suppliers: ISSEthix and Sustainalytics Engagement Service.

Votes at general meetings

Fund company comments: The fund company participates and votes on general meetings based on the fund company’s principles of unitholder engagement.

Participates in nomination committees to influence the composition of the Board of Directors

Other corporate influence

The Fund Management Company uses its ownership power to influence companies in sustainability matters.

The Fund Management Company is in contact with companies in order to influence them in a more sustainable direction.

Information on the methodology used to assess, measure and monitor the environmental or social characteristics of the overall sustainable impact of the financial product

The fund has a documented investment and environmental, social and corporate governance (ESG) approach, which the fund’s managers follow when making investment decisions. The fund’s holdings are screened using data from several providers. This ensures that the fund complies with the pre-defined criteria for excluding holdings. The data may also be used to assess the holdings included in the fund. Every day, the risk department determines whether the fund is in line with the exclusion criteria. The fund’s sustainability parameters, such as the fund’s carbon footprint, are measured on a regular basis if such measurement is possible given the fund’s investment universe and access to underlying data.