Nordic Micro Cap

Introduction

Fondita Nordic Micro Cap invests in high quality Nordic companies with well established operations, a proven track record and a market cap of less than 800 million euros.

In the Nordic small cap market we find high quality companies operating on both local and international markets. These companies are often specialists and market leaders within their niches. We find interesting companies within manufacturing, technology, consumer goods, and medical technology. High quality companies are also takeover candidates. 

Fondita Nordic Micro Cap is a high conviction fund with approximately 35 holdings, a strong deviation from relevant indices and a very high active share.

Fund facts

Fund size 246,2 Meur
Fund unitholders 523
ISIN (A) FI0008810932
ISIN (B) FI0008810940
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 5/7

Top 5 Holdings

Caverion (FI) 4,9 %
Olvi (FI) 4,2 %
Detection Technology (FI) 4,1 %
Recipharm (SE) 4,0 %
Evolution Gaming (SE) 3,9 %

Top 5 Countries

Sweden 53 %
Finland 35 %
Norway 10 %
Denmark 1 %

Return

Return Fund Index
1 month 2,6 % 4,5 %
3 months 4,5 % 6,8 %
6 months -3,4 % 6,9 %
2018 0,1 % 8,4 %
1 year -6,5 % 7,7 %
3 years 21,0 % 43,1 %
5 years 71,9 % 98,8 %
10 years 235,3 % 184,4 %
since launch (29.8.2006) 216,9 % 154,7 %
since launch p.a. 10,2 % 8,2 %
(Index = Carnegie Small CSX Nordic Return)

Sector Division

Industrials 41 %
Consumer Discretionary 19 %
Information Technology 15 %
Health Care 15 %
Consumer Staples 5 %
Financials 3 %
Materials 1 %
Cash 1 %

Top 10 Holdings

Caverion (FI) 4,9 %
Olvi (FI) 4,2 %
Detection Technology (FI) 4,1 %
Recipharm (SE) 4,0 %
Evolution Gaming (SE) 3,9 %
Ambea (SE) 3,9 %
Nederman Holding (SE) 3,8 %
Hexatronic Group (SE) 3,7 %
Bufab (SE) 3,6 %
Data Respons (NO) 3,5 %

Country Division

Sweden 53 %
Finland 35 %
Norway 10 %
Denmark 1 %

Currency Exposure

SEK 53 %
EUR 35 %
NOK 10 %
DKK 1 %
The past performance of the investment fund does not provide any guarantee of future results. Depending on market conditions, the fund unit value may rise or fall.

Risk Profile

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A high number means that the fund has a higher risk and that the value of the fund can vary greatly. This means that both return and risk potential is greater.

Return

Return Fund Index
1 month 2,6 % 4,5 %
3 months 4,5 % 6,8 %
6 months -3,4 % 6,9 %
2018 0,1 % 8,4 %
1 year -6,5 % 7,7 %
3 years 21,0 % 43,1 %
5 years 71,9 % 98,8 %
10 years 235,3 % 184,4 %
since launch (29.8.2006) 216,9 % 154,7 %
since launch p.a. 10,2 % 8,2 %
(Index = Carnegie Small CSX Nordic Return)

Volatility p.a.

2018 13,3 %
Launch 17,2 %

Portfolio turnover rate

2018 0,14
Launch 0,26

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.07.2018

Our Funds