Handelsbanken Råvarufond A1 NOK

The fund is a UCITS fund and its objective is to follow the performance of the SHB Commodity Index Excess Return as closely as possible. The index consists of a basket of approximately 15 different commodities that is constructed to represent the global commodity market with an emphasis on Nordic consumption. The weighting of each commodity in the index is based on the production value and liquidity of each commodity. The index is rebalanced once each year, at which time the target weightings are set in each of the underlying commodities. Since the returns in the underlying commodities fluctuate, these weightings will also fluctuate. As a result, relatively substantial differences can arise during an entire year, compared to the original target weightings. Thus, the index is rebalanced back to the original target weightings each quarter.