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 307,3 Meur
Fund unitholders 520
ISIN (A) FI0008810932
ISIN (B) FI0008810940
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 5/7

Top 5 Holdings

Robit (FI) 4,6 %
Evolution Gaming (SE) 4,5 %
Caverion (FI) 4,1 %
Bufab Holding (SE) 3,9 %
Basware (FI) 3,7 %

Top 5 Countries

Sweden 46 %
Finland 39 %
Norway 13 %
Denmark 1 %

Return

Fund Return Index
1 month -0,2 % 0,4 %
3 months 0,2 % -0,4 %
6 months 7,7 % 4,6 %
2017 14,1 % 9,0 %
1 year 15,5 % 15,1 %
3 years 59,8 % 53,9 %
5 years 126,2 % 125,5 %
10 years 160,1 % 88,0 %
since launch (29.8.2006) 238,3 % 137,4 %
since launch p.a. 11,7 % 8,2 %
(Index = Carnegie Small CSX Nordic Return)

Sector Division

Industrials 43 %
Consumer Discretionary 19 %
Information Technology 19 %
Health Care 11 %
Financials 4 %
Consumer Staples 3 %
Cash 1 %

Top 10 Holdings

Robit (FI) 4,6 %
Evolution Gaming (SE) 4,5 %
Caverion (FI) 4,1 %
Bufab Holding (SE) 3,9 %
Basware (FI) 3,7 %
Hexatronic Group (SE) 3,6 %
Alimak Group (SE) 3,3 %
Olvi (FI) 3,3 %
Cavotec (SE) 3,2 %
Europris (NO) 3,1 %

Country Division

Sweden 46 %
Finland 39 %
Norway 13 %
Denmark 1 %

Currency Exposure

SEK 46 %
EUR 39 %
NOK 13 %
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

Fund Return Index
1 month -0,2 % 0,4 %
3 months 0,2 % -0,4 %
6 months 7,7 % 4,6 %
2017 14,1 % 9,0 %
1 year 15,5 % 15,1 %
3 years 59,8 % 53,9 %
5 years 126,2 % 125,5 %
10 years 160,1 % 88,0 %
since launch (29.8.2006) 238,3 % 137,4 %
since launch p.a. 11,7 % 8,2 %
(Index = Carnegie Small CSX Nordic Return)

Volatility p.a.

2017 9,6 %
Launch 17,6 %

Portfolio turnover rate

2017 0,36
Launch 0,27

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.8.2017

Our Funds