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 30 holdings and a broad geographical exposure.

Fund facts

Fund size 144,2
Fund unitholders 463
ISIN (A) FI0008802863
ISIN (B) FI0008802871
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 6/7

Top 5 Holdings

Elekta (SE) 5,5 %
Caverion (FI) 5,0 %
Terveystalo (FI) 4,7 %
Embracer (SE) 4,3 %
Huhtamäki (FI) 4,0 %

Top 5 Countries

Sweden 48 %
Finland 29 %
Norway 18 %
Denmark 5 %

Return

Return Fund Index
1 month 4,4 % 6,2 %
3 months 12,4 % 13,4 %
6 months 5,7 % 12,6 %
YTD 27,3 % 30,8 %
1 year 27,3 % 30,8 %
3 years 20,2 % 25,0 %
5 years 64,6 % 70,2 %
10 years 180,9 % 159,2 %
since launch (10.9.1997) 1015,7 % 355,9 %
since launch p.a. 11,4 % 7,0 %
(Index = Carnegie Small CSX Nordic P)

Sector Division

Industrials 32 %
Consumer Discretionary 23 %
Health Care 13 %
Consumer Staples 9 %
Materials 9 %
Communication Services 5 %
Information Technology 5 %
Financials 2 %
Cash 1 %

Top 10 Holdings

Elekta (SE) 5,5 %
Caverion (FI) 5,0 %
Terveystalo (FI) 4,7 %
Embracer (SE) 4,3 %
Huhtamäki (FI) 4,0 %
AAK (SE) 3,9 %
ÅF Pöyry (SE) 3,5 %
Fenix Outdoor (SE) 3,5 %
Beijer Ref (SE) 3,5 %
Cloetta (SE) 3,4 %

Country Division

Sweden 48 %
Finland 29 %
Norway 18 %
Denmark 5 %

Currency Exposure

SEK 48 %
EUR 29 %
NOK 18 %
DKK 5 %
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
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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 4,4 % 6,2 %
3 months 12,4 % 13,4 %
6 months 5,7 % 12,6 %
YTD 27,3 % 30,8 %
1 year 27,3 % 30,8 %
3 years 20,2 % 25,0 %
5 years 64,6 % 70,2 %
10 years 180,9 % 159,2 %
since launch (10.9.1997) 1015,7 % 355,9 %
since launch p.a. 11,4 % 7,0 %
(Index = Carnegie Small CSX Nordic P)

Std Dev

3 years 14,6 %
Launch 23,1 %

Sharpe

3 years 0,63
Launch 0,57

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.12.2019

Our Funds