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XACT Norden named Best Nordic Equity Fund
The fund XACT Norden (UCITS ETF), managed by Handelsbanken Fonder, has taken home the award Best Nordic Equity Fund at the Morningstar Fund Awards 2023.
"I am very proud of our fine index management that has performed stably and cost-effectively in a wide range of traditional index funds and exchange-traded funds," says Magdalena Wahlqvist Alveskog, CEO of Handelsbanken Fonder.
The justification in full:
”The award for Best Nordic Equity Fund is rewarded to XACT Norden. Over the past two years, the fund has positioned itself in the absolute top tier of its category and has proven to be robust in the long term, with remarkable returns compared to other funds in the category, even after risk adjustment.”
“We are extremely happy and proud of being awarded. With our largest ETF, we deliver returns at the top of the category, combined with passive management and a sustainable and active ownership. This is a confirmation that our systematic approach works well and produces favourable returns. The award considers the development of the past five years, which also highlights the importance of a long-term approach,” says Caroline Mebius, fund manager of XACT Norden.