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 Nordic or Eastern European companies.

Fund facts

Fund size 36,2 Meur
Fund unitholders 231
ISIN (A) FI4000242847
ISIN (B) FI4000242854
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 6/7

Top 5 Holdings

Datagroup (DE) 7,5 %
Medios (DE) 7,4 %
Nexus (DE) 5,4 %
Coltene Holding (CH) 4,9 %
Nedap (NL) 4,9 %

Top 5 Countries

Germany 64 %
Switzerland 15 %
Netherlands 7 %
Italy 6 %
Great Britain 4 %

Return

Return Fund Index
1 month 6,3 % 4,5 %
3 months 9,7 % 9,2 %
6 months 4,5 % 4,3 %
YTD 21,7 % 15,8 %
1 year 11,5 % 9,2 %
since launch (7.3.2017) 15,6 % 8,7 %
since launch p.a. 5,5 % N/A
(Index = MSCI Europe Micro Cap NR EUR)
Portfolio managers

Sector Division

Informations Technology 32 %
Health Care 30 %
Industrials 23 %
Consumer Discretionary 6 %
Materials 5 %
Real Estate 2 %
Consumer Staples 2 %
Cash 0 %
Utilities 0 %

Top 10 Holdings

Datagroup (DE) 7,5 %
Medios (DE) 7,4 %
Nexus (DE) 5,4 %
Coltene Holding (CH) 4,9 %
Nedap (NL) 4,9 %
Adesso (DE) 4,7 %
Kardex (DE) 4,7 %
Stratec (DE) 4,5 %
S & T (DE) 4,3 %
Eckert & Ziegler (DE) 3,8 %

Country Division

Germany 64 %
Switzerland 15 %
Netherlands 7 %
Italy 6 %
Great Britain 4 %
France 2 %

Currency Exposure

EUR 80 %
CHF 15 %
GBP 4 %
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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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 6,3 % 4,5 %
3 months 9,7 % 9,2 %
6 months 4,5 % 4,3 %
YTD 21,7 % 15,8 %
1 year 11,5 % 9,2 %
since launch (7.3.2017) 15,6 % 8,7 %
since launch p.a. 5,5 % N/A
(Index = MSCI Europe Micro Cap NR EUR)

Std Dev

3 years N/A
Launch 15,4 %

Sharpe

3 years N/A
Launch 0,48

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
30.11.2019

Our Funds