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 | 136,8 Meur |
| Fund unitholders | 496 |
| ISIN (A) | FI0008810932 |
| ISIN (B) | FI0008810940 |
| Legal structure | UCITS |
| Currency | EUR |
| Management fee | 2,00 % p.a. |
| Risk profile | 5/7 |
Top 5 Holdings
| Hexatronic Group (SE) | 5,9 % |
| Olvi (FI) | 5,7 % |
| Caverion (FI) | 5,4 % |
| Data Respons (NO) | 5,1 % |
| Nederman Holding (SE) | 4,9 % |
Top 5 Countries
| Sweden | 50 % |
| Finland | 36 % |
| Norway | 12 % |
| Denmark | 2 % |
Return
| Return | Fund | Index |
|---|---|---|
| 1 month | -5,5 % | -6,0 % |
| 3 months | -18,0 % | -13,8 % |
| 6 months | -19,3 % | -9,8 % |
| 2018 | -21,2 % | -6,5 % |
| 3 years | -12,1 % | 16,8 % |
| 5 years | 18,0 % | 55,7 % |
| 10 years | 351,7 % | 350,9 % |
| since launch (29.8.2006) | 149,3 % | 119,8 % |
| since launch p.a. | 7,7 % | 6,6 % |
(Index = Carnegie Small CSX Nordic Return)
Portfolio managers
Sector Division
| Industrials | 32 % |
| Consumer Discretionary | 24 % |
| Health Care | 17 % |
| Information Technology | 17 % |
| Consumer Staples | 7 % |
| Materials | 2 % |
| Financials | 2 % |
| Cash | 1 % |
Top 10 Holdings
| Hexatronic Group (SE) | 5,9 % |
| Olvi (FI) | 5,7 % |
| Caverion (FI) | 5,4 % |
| Data Respons (NO) | 5,1 % |
| Nederman Holding (SE) | 4,9 % |
| Kamux (FI) | 4,8 % |
| Ambea (SE) | 4,4 % |
| Europris (NO) | 3,9 % |
| Proact IT Group (SE) | 3,6 % |
| Pihlajalinna (FI) | 3,5 % |
Country Division
| Sweden | 50 % |
| Finland | 36 % |
| Norway | 12 % |
| Denmark | 2 % |
Currency Exposure
| SEK | 50 % |
| EUR | 36 % |
| NOK | 12 % |
| DKK | 2 % |
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 | -5,5 % | -6,0 % |
| 3 months | -18,0 % | -13,8 % |
| 6 months | -19,3 % | -9,8 % |
| 2018 | -21,2 % | -6,5 % |
| 3 years | -12,1 % | 16,8 % |
| 5 years | 18,0 % | 55,7 % |
| 10 years | 351,7 % | 350,9 % |
| since launch (29.8.2006) | 149,3 % | 119,8 % |
| since launch p.a. | 7,7 % | 6,6 % |
(Index = Carnegie Small CSX Nordic Return)
Volatility p.a.
| 2018 | 14,1 % |
| Launch | 17,1 % |
Sharpe
| 1 year | -2,30 |
| 5 years | -0,04 |
Fees
| TER | 2,00 % |
| Subscription fee | 0,00 % |
| Redemption fee | 1,00 % |
Total client relationship allow for changes in tariff rate.
31.12.2018