About the fund
Carnegie SPAR Global is an actively managed equity fund for people who want to invest sustainably in some of the world’s best companies.
The majority of the fund is directly invested in equities, which is achieved by combining global market leaders and Swedish quality companies. The fund manager uses active allocation and selects some of the leading holdings from Carnegie Global Quality Companies and Nordic Swan Ecolabelled Carnegie All Cap (an Article 9 fund).
In addition, Carnegie SPAR Global makes use of exciting thematic fund investments focused on areas like infrastructure and private equity.
Magnus Gustafsson is the lead fund manager for Carnegie SPAR Global. He is assisted by Carnegie Fonder’s team of 23 portfolio managers, including Simon Reinius and Anna Strömberg who manage Carnegie Global Quality Companies and Carnegie All Cap. They work closely together to optimise the composition and return of Carnegie SPAR Global.
Fees and trading
- Management fee/year
- Minimum deposit lump-sum/monthly
- Price listing
- Legal Seat
- Start date
- ISIN Code
- Risk class
- Benchmark index
- 80% MSCI World Net Total Return, 20% SIX Portfolio Return
- Swing pricing
The seven-point risk scale is common to funds in the EU. Risk category 1 represents the lowest risk but also the lowest possibility of returns. Seven is the highest risk with higher possibility of returns. The risk category is based on how the fund's value has fluctuated over the past five years.
The benchmark index has been used as a basis for calculating Tracking Error and Active Share. The chosen benchmark is deemed to be relevant as it corresponds well with the fund’s investment policy.
Swing pricing means that the fund’s NAV rate may be adjusted when the fund’s net flows (the sum of deposits and withdrawals in the fund) during a given day exceed a threshold value. The threshold value is an amount and is calculated by a percentage of the fund’s total value. This is called partial swing and is the method of swing pricing used by Carnegie Fonder. If the threshold value is exceeded, a swing factor is applied which is a certain percentage and which is judged to correspond to the costs of managing the net flows. The reason why swing pricing is used is that large transaction costs can arise with large net flows. In order for these costs not to affect other unit holders in the fund, they are instead charged to the unit holders who caused the flow by adjusting the NAV rate with the swing factor. The levels of the threshold and the swing factor are reviewed by Carnegie Fonder on a regular basis.
- Carnegie Fonder Portfolio Corporate Bond 3 SEK Cap
- Carnegie Investment Grade A Cap
- Carnegie Fonder Portfolio High Yield 3 Cap
- Unilever Plc Reg
- BlackRock Inc
- Roche Holding Ltd Pref
- Merck & Co Inc
- Alphabet Inc A
- Sony Group Corp
- The Walt Disney Co
- Other holding
- Cash and equivalents