European Micro Cap

Introduction

Fondita European Micro Cap invests in small, high quality companies in Europe with a market cap of less than 800 million euros.

The fund invests in smaller niche players with a strong market position and a clear focus on long term growth and shareholder value creation. We find these companies within sectors such as industrial technology, medical technology, information technology and consumer related businesses. Among Europe’s smaller niche players are several family owned companies with good growth opportunities, sound balance sheets, and a high level of profitability. Smaller companies are also potential takeover candidates.

Fondita European Micro Cap is an actively managed fund with around 30 holdings and a long term investment horizon. The fund does not invest in shares of Eastern European companies.

The fund´s investment decisions take the environmental and social impacts of companies and governance into account, as well as risks related to this.

Fund facts

Fund size 53,6 MEUR
Fund unitholders 236
ISIN (A) FI4000242847
ISIN (B) FI4000242854
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 6/7
SFDR Classification Article 8

Top 5 Holdings

Steico (DE) 5,3 %
Medios (DE) 4,5 %
Sdiptech (SE) 4,5 %
Nexus (DE) 4,4 %
PVA (DE) 4,3 %

Top 5 Countries

Germany 45 %
Great Britain 16 %
Finland 9 %
Sweden 8 %
Italy 7 %

Return

1 month 7,2 %
3 months 12,3 %
6 months 31,4 %
YTD 43,0 %
1 year 66,8 %
3 years 67,9 %
since launch (7.3.2017) 104,8 %
since launch p.a. 17,3 %
Portfolio managers

Sector Division

Industrials 31 %
Health Care 23 %
Information Technology 23 %
Consumer Discretionary 11 %
Consumer Staples 4 %
Communication Services 3 %
Materials 3 %
Cash 2 %
Utilities 1 %

Top 10 Holdings

Steico (DE) 5,3 %
Medios (DE) 4,5 %
Sdiptech (SE) 4,5 %
Nexus (DE) 4,4 %
PVA (DE) 4,3 %
PharmaNutra (IT) 4,3 %
Coltene (CH) 4,0 %
Eckert & Ziegler (DE) 4,0 %
Musti Group (FI) 3,6 %
DiscoverIE (GB) 3,4 %

Country Division

Germany 45 %
Great Britain 16 %
Finland 9 %
Sweden 8 %
Italy 7 %
France 5 %
Switzerland 5 %
Netherlands 2 %
Belgium 1 %
Norway 1 %
Denmark 0 %

Currency Exposure

EUR 69 %
GBP 16 %
SEK 8 %
CHF 5 %
DKK 0 %
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

1 month 7,2 %
3 months 12,3 %
6 months 31,4 %
YTD 43,0 %
1 year 66,8 %
3 years 67,9 %
since launch (7.3.2017) 104,8 %
since launch p.a. 17,3 %

Std Dev

3 years 21,5 %
Launch 19,0 %

Sharpe

3 years 0,93
Launch 0,95

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.08.2021

Our Funds