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 40 holdings, a strong deviation from relevant indices and a very high active share.

Fund facts

Fund size 131,7 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

Enad Global 7 (SE) 4,9 %
Hexatronic Group (SE) 4,8 %
Swedencare (SE) 4,3 %
Cavotec (SE) 4,0 %
Proact IT (SE) 3,9 %

Top 5 Countries

Sweden 59 %
Finland 32 %
Norway 6 %
Denmark 1 %

Return

Return Fund Index
1 month 16,0 % 7,1 %
3 months 28,3 % 16,3 %
6 months 47,4 % 33,3 %
YTD 31,3 % 21,5 %
1 year 31,3 % 21,5 %
3 years 38,2 % 52,8 %
5 years 54,2 % 90,8 %
10 years 193,9 % 211,0 %
since launch (29.8.2006) 337,3 % 259,2 %
since launch p.a. 10,8 % 9,3 %
(Index = Carnegie Small CSX Nordic Return)

Sector Division

Industrials 36 %
Health Care 18 %
Information Technology 17 %
Consumer Discretionary 14 %
Communication Services 6 %
Consumer Staples 5 %
Cash 2 %
Utilities 1 %
Materials 1 %

Top 10 Holdings

Enad Global 7 (SE) 4,9 %
Hexatronic Group (SE) 4,8 %
Swedencare (SE) 4,3 %
Cavotec (SE) 4,0 %
Proact IT (SE) 3,9 %
Olvi (FI) 3,7 %
Boozt (SE) 3,5 %
Concentric (SE) 3,5 %
Enea (SE) 3,5 %
Pihlajalinna (FI) 3,4 %

Country Division

Sweden 59 %
Finland 32 %
Norway 6 %
Denmark 1 %

Currency Exposure

SEK 59 %
EUR 32 %
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
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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 16,0 % 7,1 %
3 months 28,3 % 16,3 %
6 months 47,4 % 33,3 %
YTD 31,3 % 21,5 %
1 year 31,3 % 21,5 %
3 years 38,2 % 52,8 %
5 years 54,2 % 90,8 %
10 years 193,9 % 211,0 %
since launch (29.8.2006) 337,3 % 259,2 %
since launch p.a. 10,8 % 9,3 %
(Index = Carnegie Small CSX Nordic Return)

Std Dev

3 years 23,6 %
Launch 21,5 %

Sharpe

3 years 0,66
Launch 0,58

Fees

TER 2,00 %
Subscription fee 0,00 %
Redemption fee 1,00 %
Total client relationship allow for changes in tariff rate.
31.12.2020

Our Funds