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 45,7 MEUR
Fund unitholders 233
ISIN (A) FI4000242847
ISIN (B) FI4000242854
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 6/7

Top 5 Holdings

Steico (DE) 6,3 %
Eckert & Ziegler (DE) 6,0 %
Secunet (DE) 5,6 %
Focus Home (FR) 5,1 %
Nexus (DE) 4,9 %

Top 5 Countries

Germany 53 %
Great Britain 14 %
France 8 %
Sweden 6 %
Finland 6 %

Return

1 month 4,6 %
3 months 17,1 %
6 months 37,2 %
YTD 27,4 %
1 year 58,8 %
3 years 47,4 %
since launch (7.3.2017) 82,4 %
since launch p.a. 15,3 %
Portfolio managers

Sector Division

Industrials 29 %
Health Care 24 %
Information Technology 22 %
Consumer Discretionary 10 %
Communication Services 5 %
Materials 3 %
Utilities 3 %
Real Estate 1 %
Cash 1 %

Top 10 Holdings

Steico (DE) 6,3 %
Eckert & Ziegler (DE) 6,0 %
Secunet (DE) 5,6 %
Focus Home (FR) 5,1 %
Nexus (DE) 4,9 %
Sdiptech (SE) 4,8 %
Coltene (CH) 4,5 %
Musti Group (FI) 3,9 %
Medios (DE) 3,7 %
Marlowe (GB) 3,3 %

Country Division

Germany 53 %
Great Britain 14 %
France 8 %
Sweden 6 %
Finland 6 %
Switzerland 5 %
Italy 3 %
Netherlands 2 %
Belgium 1 %
Denmark 0 %

Currency Exposure

EUR 73 %
GBP 14 %
SEK 6 %
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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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 4,6 %
3 months 17,1 %
6 months 37,2 %
YTD 27,4 %
1 year 58,8 %
3 years 47,4 %
since launch (7.3.2017) 82,4 %
since launch p.a. 15,3 %

Std Dev

3 years 21,3 %
Launch 19,3 %

Sharpe

3 years 0,73
Launch 0,84

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.05.2021

Our Funds