Investment universe
The fund invests globally in equities and equity-related securities in healthcare and biotechnical companies, medical service or technological companies, as well as the health and medical care segment. The healthcare sector is regarded as less sensitive to economic fluctuations than many other sectors, and the yield is dependent to a great deal on medical progress and scientific advances. In view of that the fund invests outside Sweden, the fund's asset value is affected by movements of the Swedish krona in relation to other currencies. The fund has the possibility to use derivative instruments.
Investment team
The fund is managed by the Global Equities team (QPM) within SEB Investment Management AB. The team, based in Stockholm, employs a rule-based systematic and disciplined investment process.
Research
The team uses a rule-based investment process based on evaluating the quality, profitability, valuation, sentiment, and risk profiles of individual companies which are potential investment objects. These factors form the basis for an objective ranking that identifies attractive companies. The team’s rule-based approach makes it possible to include all the companies in the investment universe in the evaluation process.
Portfolio construction
The portfolio is built from a bottom-up perspective. In constructing the portfolio, the team focuses on selecting the holdings that will result in the intended active exposure and risk profile for the portfolio. The investment team also aims to maintain diversification, efficient execution and cost-effective implementation.