Nordic Micro Cap

Introduction

Fondita Nordic Micro Cap invests in high quality Nordic companies with well established operations, a proven track record and a market cap of less than 800 million euros.

In the Nordic small cap market we find high quality companies operating on both local and international markets. These companies are often specialists and market leaders within their niches. We find interesting companies within manufacturing, technology, consumer goods, and medical technology. High quality companies are also takeover candidates. 

Fondita Nordic Micro Cap is a high conviction fund with approximately 35 holdings, a strong deviation from relevant indices and a very high active share.

Fund facts

Fund size 98,6 MEUR
Fund unitholders 409
ISIN (A) FI0008810932
ISIN (B) FI0008810940
Legal structure UCITS
Currency EUR
Management fee 2,00 % p.a.
Risk profile 5/7

Top 5 Holdings

Hexatronic Group (SE) 4,7 %
Cavotec (SE) 4,5 %
Olvi (FI) 4,5 %
Pihlajalinna (FI) 4,2 %
Swedencare (SE) 4,1 %

Top 5 Countries

Sweden 56 %
Finland 35 %
Norway 6 %
Denmark 1 %

Return

Return Fund Index
1 month -3,4 % -5,3 %
3 months 3,6 % 2,1 %
6 months 24,7 % 21,8 %
YTD -1,2 % -1,1 %
1 year 15,6 % 10,4 %
3 years -1,7 % 21,1 %
5 years 28,0 % 64,0 %
10 years 152,1 % 187,3 %
since launch (29.8.2006) 229,2 % 192,5 %
since launch p.a. 8,8 % 7,9 %
(Index = Carnegie Small CSX Nordic Return)

Sector Division

Industrials 35 %
Health Care 21 %
Information Technology 19 %
Consumer Discretionary 14 %
Consumer Staples 5 %
Communication Services 3 %
Cash 2 %
Materials 1 %

Top 10 Holdings

Hexatronic Group (SE) 4,7 %
Cavotec (SE) 4,5 %
Olvi (FI) 4,5 %
Pihlajalinna (FI) 4,2 %
Swedencare (SE) 4,1 %
Proact IT (SE) 4,1 %
Caverion (FI) 3,6 %
Boozt (SE) 3,5 %
Enea (SE) 3,4 %
Enad Global (SE) 3,4 %

Country Division

Sweden 56 %
Finland 35 %
Norway 6 %
Denmark 1 %

Currency Exposure

SEK 56 %
EUR 35 %
NOK 6 %
DKK 1 %
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 -3,4 % -5,3 %
3 months 3,6 % 2,1 %
6 months 24,7 % 21,8 %
YTD -1,2 % -1,1 %
1 year 15,6 % 10,4 %
3 years -1,7 % 21,1 %
5 years 28,0 % 64,0 %
10 years 152,1 % 187,3 %
since launch (29.8.2006) 229,2 % 192,5 %
since launch p.a. 8,8 % 7,9 %
(Index = Carnegie Small CSX Nordic Return)

Std Dev

3 years 23,1 %
Launch 21,5 %

Sharpe

3 years -0,03
Launch 0,45

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.10.2020

Our Funds