Handelsbanken Fonder has for the first time invested in defense stocks through a new fund. The fund, launched in October, is the first within the bank to allow investments in the defense industry, according to an article in Dagens industri.

Dagens industri.

Previously, Handelsbanken's funds excluded defense stocks in line with the bank's sustainability criteria, but with new funds, including the Sweden LM Index, the bank now offers more investment options.

– This is to accommodate customers' different preferences regarding which businesses are excluded, says Joel Holm, press officer at Handelsbanken, to Dagens industri.

At the turn of the year, the Sweden LM Index fund managed 1.1 billion kronor, of which just over 1 percent was invested in Saab. The investment reflects the company's weight in the stock index that the fund follows, Handelsbanken told the newspaper.