European Micro Cap

Introduction

Fondita European Micro Cap invests in small, high quality companies in Europe with a market cap of less than 800 million euros.

The fund invests in smaller niche players with a strong market position and a clear focus on long term growth and shareholder value creation. We find these companies within sectors such as industrial technology, medical technology, information technology and consumer related businesses. Among Europe’s smaller niche players are several family owned companies with good growth opportunities, sound balance sheets, and a high level of profitability. Smaller companies are also potential takeover candidates.

Fondita European Micro Cap is an actively managed fund with around 30 holdings and a long term investment horizon. The fund does not invest in shares of Nordic or Eastern European companies.

Fund facts

Fund size 47,8 Meur
Fund unitholders 256
ISIN (A) FI4000242847
ISIN (B) FI4000242854
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 6/7

Top 5 Holdings

Coltene Holding (CH) 6,7 %
Nedap (NL) 5,8 %
Datagroup (DE) 5,3 %
Adesso (DE) 5,3 %
Nexus (DE) 4,7 %

Top 5 Countries

Germany 51 %
Switzerland 24 %
Netherlands 8 %
Great Britain 8 %
Austria 4 %

Return

Return Fund Index
1 month 0,6 % 3,8 %
2019 13,5 % 12,0 %
3 months 4,0 % 6,3 %
6 months -11,6 % -4,8 %
1 year -15,8 % -1,4 %
since launch (7.3.2017) 7,8 % 10,0 %
since launch p.a. 3,9 % 4,9 %
(Index = Stoxx Small 200 TR Index)
Portfolio managers

Sector Division

Health Care 31 %
Informations Technology 26 %
Industrials 22 %
Consumer Staples 9 %
Consumer Discretionary 7 %
Materials 5 %
Cash 1 %

Top 10 Holdings

Coltene Holding (CH) 6,7 %
Nedap (NL) 5,8 %
Datagroup (DE) 5,3 %
Adesso (DE) 5,3 %
Nexus (DE) 4,7 %
Medios (DE) 4,4 %
Orior (CH) 4,2 %
Hochdorf Holding (DE) 4,0 %
Kardex (DE) 3,9 %
Consort Medical (GB) 3,9 %

Country Division

Germany 51 %
Switzerland 24 %
Netherlands 8 %
Great Britain 8 %
Austria 4 %
Italy 2 %
France 2 %
Spain 1 %

Currency Exposure

EUR 67 %
CHF 24 %
GBP 8 %
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 0,6 % 3,8 %
2019 13,5 % 12,0 %
3 months 4,0 % 6,3 %
6 months -11,6 % -4,8 %
1 year -15,8 % -1,4 %
since launch (7.3.2017) 7,8 % 10,0 %
since launch p.a. 3,9 % 4,9 %
(Index = Stoxx Small 200 TR Index)

Volatility p.a.

3 years N/A
Launch 16,3 %

Sharpe

3 years N/A
Launch 0,52

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
28.2.2019

Our Funds