Nordic Small Cap

Introduction

Fondita Nordic Small Cap invests in quality Nordic companies with long traditions and a market capitalization of less than 3 billion euros. In the Nordic small cap market we find numerous quality companies of interest with operations on the local as well as on the global market.

The companies are often specialists and market leaders within their niches, showing strong balance sheets and high profitability. We find companies for instance within medical technology, manufacturing, software technology and consumer goods.The companies offer good growth opportunities and create added value in the long term. Small quality companies are also attractive acquisitions for larger companies, often with high price premiums.

Fondita Nordic Small Cap is an actively managed fund with around 30 holdings and a broad geographical exposure.

Fund facts

Fund size 130,4 MEUR
Fund unitholders 457
ISIN (A) FI0008802863
ISIN (B) FI0008802871
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 5/7

Top 5 Holdings

Embracer (SE) 8,7 %
Elekta (SE) 4,2 %
Caverion (FI) 4,1 %
Terveystalo (FI) 3,9 %
Beijer Ref (SE) 3,9 %

Top 5 Countries

Sweden 55 %
Finland 23 %
Norway 16 %
Denmark 5 %

Return

Return Fund Index
1 month 1,6 % 1,6 %
3 months 30,6 % 26,3 %
6 months -7,4 % -10,0 %
YTD -7,4 % -10,0 %
1 year -2,1 % 1,3 %
3 years 2,3 % 6,0 %
5 years 31,0 % 35,0 %
10 years 149,5 % 132,4 %
since launch (10.9.1997) 933,6 % 310,3 %
since launch p.a. 10,8 % 6,4 %
(Index = Carnegie Small CSX Nordic P)

Sector Division

Industrials 25 %
Consumer Discretionary 24 %
Health Care 13 %
Materials 10 %
Communication Services 9 %
Consumer Staples 8 %
Information Technology 8 %
Financials 2 %
Cash 1 %

Top 10 Holdings

Embracer (SE) 8,7 %
Elekta (SE) 4,2 %
Caverion (FI) 4,1 %
Terveystalo (FI) 3,9 %
Beijer Ref (SE) 3,9 %
AcadeMedia (SE) 3,8 %
Huhtamäki (FI) 3,8 %
AAK (SE) 3,8 %
ÅF Pöyry (SE) 3,5 %
Tokmanni (FI) 3,3 %

Country Division

Sweden 55 %
Finland 23 %
Norway 16 %
Denmark 5 %

Currency Exposure

SEK 55 %
EUR 23 %
NOK 16 %
DKK 5 %
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 1,6 % 1,6 %
3 months 30,6 % 26,3 %
6 months -7,4 % -10,0 %
YTD -7,4 % -10,0 %
1 year -2,1 % 1,3 %
3 years 2,3 % 6,0 %
5 years 31,0 % 35,0 %
10 years 149,5 % 132,4 %
since launch (10.9.1997) 933,6 % 310,3 %
since launch p.a. 10,8 % 6,4 %
(Index = Carnegie Small CSX Nordic P)

Std Dev

3 years 24,6 %
Launch 24,0 %

Sharpe

3 years 0,03
Launch 0,53

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
30.6.2020

Our Funds