Nordic Small Cap

Introduction

Fondita Nordic Small Cap invests in quality Nordic companies with long traditions and a market capitalization of less than 3 billion euros. In the Nordic small cap market we find numerous quality companies of interest with operations on the local as well as on the global market.

The companies are often specialists and market leaders within their niches, showing strong balance sheets and high profitability. We find companies for instance within medical technology, manufacturing, software technology and consumer goods.The companies offer good growth opportunities and create added value in the long term. Small quality companies are also attractive acquisitions for larger companies, often with high price premiums.

Fondita Nordic Small Cap is an actively managed fund with around 40 holdings and a broad geographical exposure.

Fund facts

Fund size 173,3 MEUR
Fund unitholders 453
ISIN (A) FI0008802863
ISIN (B) FI0008802871
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 6/7

Top 5 Holdings

Embracer (SE) 8,6 %
Elekta (SE) 4,0 %
Terveystalo (FI) 3,8 %
Borregaard (NO) 3,4 %
AAK (SE) 3,3 %

Top 5 Countries

Sweden 54 %
Finland 25 %
Norway 17 %
Denmark 4 %

Return

Return Fund Index
1 month -1,6 % -0,7 %
3 months 16,3 % 21,5 %
6 months 22,5 % 23,7 %
YTD -1,6 % -0,7 %
1 year 26,2 % 19,4 %
3 years 32,8 % 38,8 %
5 years 81,7 % 78,8 %
10 years 147,2 % 133,4 %
since launch (10.9.1997) 1263,2 % 439,0 %
since launch p.a. 11,9 % 7,5 %
(Index = Carnegie Small CSX Nordic P)

Sector Division

Consumer Discretionary 21 %
Industrials 21 %
Health Care 14 %
Communication Services 11 %
Materials 10 %
Information Technology 12 %
Consumer Staples 6 %
Financials 2 %
Cash 1 %
Utilities 1 %

Top 10 Holdings

Embracer (SE) 8,6 %
Elekta (SE) 4,0 %
Terveystalo (FI) 3,8 %
Borregaard (NO) 3,4 %
AAK (SE) 3,3 %
ÅF Pöyry (SE) 3,3 %
Kamux (FI) 3,0 %
Tokmanni (FI) 3,0 %
Caverion (FI) 2,9 %
Sanoma (FI) 2,8 %

Country Division

Sweden 54 %
Finland 25 %
Norway 17 %
Denmark 4 %

Currency Exposure

SEK 54 %
EUR 25 %
NOK 17 %
DKK 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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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

Return Fund Index
1 month -1,6 % -0,7 %
3 months 16,3 % 21,5 %
6 months 22,5 % 23,7 %
YTD -1,6 % -0,7 %
1 year 26,2 % 19,4 %
3 years 32,8 % 38,8 %
5 years 81,7 % 78,8 %
10 years 147,2 % 133,4 %
since launch (10.9.1997) 1263,2 % 439,0 %
since launch p.a. 11,9 % 7,5 %
(Index = Carnegie Small CSX Nordic P)

Std Dev

3 years 24,4 %
Launch 23,1 %

Sharpe

3 years 0,53
10 years 0,56

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.01.2021

Our Funds