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 94,8 Meur
Fund unitholders 427
ISIN (A) FI0008810932
ISIN (B) FI0008810940
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 5/7

Top 5 Holdings

Pihlajalinna (FI) 7,5 %
Cavotec (SE) 6,3 %
Hexatronic Group (SE) 6,1 %
Nederman Holding (SE) 4,3 %
Caverion (FI) 4,2 %

Top 5 Countries

Sweden 55 %
Finland 38 %
Norway 5 %
Denmark 1 %

Return

Return Fund Index
1 month -10,2 % -8,0 %
3 months -6,3 % -3,2 %
6 months 12,5 % 6,9 %
YTD -11,5 % -8,9 %
1 year 7,7 % 10,5 %
3 years -6,1 % 18,8 %
5 years 20,4 % 53,0 %
10 years 168,9 % 199,3 %
since launch (29.8.2006) 194,8 % 169,5 %
since launch p.a. 8,3 % 7,6 %
(Index = Carnegie Small CSX Nordic Return)

Sector Division

Industrials 41 %
Health Care 24 %
Information Technology 14 %
Consumer Discretionary 13 %
Consumer Staples 5 %
Materials 2 %
Financials 1 %
Cash 0 %

Top 10 Holdings

Pihlajalinna (FI) 7,5 %
Cavotec (SE) 6,3 %
Hexatronic Group (SE) 6,1 %
Nederman Holding (SE) 4,3 %
Caverion (FI) 4,2 %
Kamux (FI) 4,2 %
Olvi (FI) 4,0 %
Detection Technology (FI) 3,6 %
Rejlers (SE) 3,4 %
Robit (FI) 3,4 %

Country Division

Sweden 55 %
Finland 38 %
Norway 5 %
Denmark 1 %

Currency Exposure

SEK 55 %
EUR 38 %
NOK 5 %
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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Less risk
More risk
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 -10,2 % -8,0 %
3 months -6,3 % -3,2 %
6 months 12,5 % 6,9 %
YTD -11,5 % -8,9 %
1 year 7,7 % 10,5 %
3 years -6,1 % 18,8 %
5 years 20,4 % 53,0 %
10 years 168,9 % 199,3 %
since launch (29.8.2006) 194,8 % 169,5 %
since launch p.a. 8,3 % 7,6 %
(Index = Carnegie Small CSX Nordic Return)

Std Dev

3 years 15,2 %
Launch 20,3 %

Sharpe

3 years -0,19
Launch 0,40

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
29.02.2020

Our Funds