Fondita European Small Cap is number one among funds investing in European stocks on the Swedish daily newspaper Svenska Dagbladet's list of fund winners so far this year. The fund has generated a net return of around 11 % year-to-date compared to the market’s 4.3 % during the same time. The fund’s net return surpasses that of the market by over 6 percentage points.
“We focus on smaller quality companies in Europe, niche players that are often market leaders in their own segments. Our investment philosophy has been successful and the fund has generated an average net return of over 16 % p.a. since launch in 2009. The fund’s returns have clearly outperformed those of all relevant benchmark indices” says Tom Lehto, the fund’s head portfolio manager.