Fact sheet: SEB 2 Nordic Small Cap

Fund information
Fund name
SEB 2 Nordic Small Cap C EUR
Fund manager company
SEB Asset Management SA
Fund type
Offshore Fund
Fund manager
  • Per Tryggsince 01/02/2010
Fund objective
This equity fund invests with focus on small and medium-sized Nordic companies. We place great emphasis on our fundamental analysis. We meet regularly with the companies in which we invest, prior to as well as during the investment period. We avoid unproven business models, seeking instead to identify what we regards as high quality companies with strong market positions which we believe have a proven ability to generate profitable growth. At least 75 percent of the fund’s assets are invested in equities or equity related instruments issued by companies in the European Economic Area, concentrating on the Nordic region. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • VINX Small Cap NI Index
Investment style
Concentrated,Growth
Investment method
Shares
Quick stats
1 Year return
2.2%
1 Year rank in sector
11/48
Sector
FO Equity - Small Cap Europe
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.43%
Fund size
£138m (£76m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
117
Top in this sector
Fund name1 Year
SEB 2 Estn Eur Sm Cap29.9%
Old Mutual Eur(ExUK)SmCo26.5%
Argos Argonaut15.8%
Montanaro Europ Inc13.4%
T. Rowe Price Eurpn SmCo Eq11.9%
...more in FO Equity - Small Cap Europe

Performance snapshot

Holdings snapshot

  • Eurozone97%
    UK3%
  • Industrials55%
    Consumer Staples9%
    Consumer Discretionary8%
    Information Technology8%
    Financials6%
  • European Equities97%
    UK Equities3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%-4.9%1%2.2%50.8%124.1%
Sector1.5%-2.9%-1.5%-3.3%28.6%93.2%
Rank within sector24 / 4836 / 4812 / 4811 / 482 / 446 / 37
Quartile2nd3rd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund2.8%27.9%11.8%23.3%21.5%
Sector-3.1%23.6%3.2%29.7%22.3%
Rank within sector9 / 489 / 474 / 4532 / 3931 / 37
Quartile1st1st1st4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
6.41
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.88
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.8
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.6
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.49
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.81
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.75
Price movement
52 week high332.7
52 week low256.94
Current bid price-
Current offer price-
Current mid price316.47
Region
1Eurozone97%
2UK3%
Industry sector
1Industrials55%
2Consumer Staples9%
3Consumer Discretionary8%
4Information Technology8%
5Financials6%
6Health Care6%
7Basic Materials4%
8Energy4%
Asset type
1European Equities97%
2UK Equities3%
Individual holdings
1RINGKJOBING LANDBOBANK4.19%
2INTRUM JUSTITIA AB3.9%
3NIBE INDUSTRIER AB3.8%
4AF AB3.74%
5INDUTRADE AB3.7%
6BEIJER REF AB3.67%
7LAGERCRANTZ GROUP AB3.63%
8ADDTECH AB3.5%
9SWECO AB3.5%
Management
Fund manager group
SEB Asset Management
Fund manager company
SEB Asset Management SA
Fund type
Offshore Fund
Fund objective
This equity fund invests with focus on small and medium-sized Nordic companies. We place great emphasis on our fundamental analysis. We meet regularly with the companies in which we invest, prior to as well as during the investment period. We avoid unproven business models, seeking instead to identify what we regards as high quality companies with strong market positions which we believe have a proven ability to generate profitable growth. At least 75 percent of the fund’s assets are invested in equities or equity related instruments issued by companies in the European Economic Area, concentrating on the Nordic region. Since the fund invests in securities that are issued in other currencies than the base currency of the fund the return may be affected by changes in the exchange rates.
Benchmark
  • VINX Small Cap NI Index
Investment style
Concentrated,Growth
Investment method
Shares
Fund manager
NameSinceBiography
Per Trygg01/02/2010Per Trygg is the new fund manager for SEB Swedish Small Cap fund, SEB Swedish Small Cap Chance/Risk and SEB Microcap fund. Trygg has worked in banking since 1995, as, among other positions, equity analyst at SEB Enskilda and other companies.
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Estonia, Finland, France, United Kingdom, Luxembourg, Latvia, Norway, Offshore, Sweden
SEB 2 Nordic Small Cap C EUR
Initial charge1%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price316.471
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXY1
SEB 2 Nordic Small Cap C EUR NOK
Initial charge1%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2845.6723
CurrencyNOK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRT7
SEB 2 Nordic Small Cap C EUR SEK
Initial charge1%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3101.067
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQO2
SEB 2 Nordic Small Cap IC EUR
Initial charge-
Annual charge0.9%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price328.8268
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXY2
SEB 2 Nordic Small Cap IC EUR NOK
Initial charge-
Annual charge0.9%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2956.7759
CurrencyNOK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRU1
SEB 2 Nordic Small Cap IC EUR SEK
Initial charge-
Annual charge0.9%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3222.142
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQO3
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