Fact sheet: Fidelity Nordic

Fund information

Fund name
Fidelity Nordic A SEK
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Bertrand Puiffe
since 01/08/2011
Fund objective
AAims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of companies quoted on the stock exchanges in Finland, Norway, Denmark, Sweden. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
FTSE Nordic
Investment style
Growth
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

16.48 %

1 Year rank in sector

57/99

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 6.0 b

FE Risk score

135

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    39%
  • Norway
    27.1%
  • Denmark
    18.2%
  • Finland
    14.9%
  • Money Market
    0.8%
  • Industrials
    52.7%
  • Consumer Services
    14.5%
  • Consumer Goods
    11.2%
  • Oil & Gas
    9.3%
  • Health Care
    4.6%
  • Swedish Equities
    39%
  • Norwegian Equities
    27.1%
  • Danish Equities
    18.2%
  • Finnish Equities
    14.9%
  • Money Market
    0.8%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund5.46 %5.24 %16.48 %65.72 %131.44 %
Sector3.51 %6.51 %17.76 %43.17 %61.47 %
Rank within sector20 / 10260 / 10157 / 9924 / 9410 / 85
Quartile th1 st3 rd3 rd2 nd1 st

Calendar performance

YTD-20182017201620152014
Fund3.42 %15.61 %32.05 %4.41 %6.29 %
Sector3.29 %14.85 %9.63 %9.17 %1.69 %
Rank within sector36 / 10240 / 9915 / 9873 / 9451 / 87
Quartile th2 nd2 nd1 st4 th3 rd

Risk statistics

Alpha4.75
Beta1.06
Sharpe0.97
Volatility13.74
Tracking error6.75
Information ratio0.75
R-Squared0.76

Price movement

52 week high1408
52 week low1211
Current bid price0
Current offer price0
Current mid price1390

Holdings by region

  • 39% Sweden
  • 27.1% Norway
  • 18.2% Denmark
  • 14.9% Finland
  • 0.8% Money Market

Holdings by sector

  • 52.7% Industrials
  • 14.5% Consumer Services
  • 11.2% Consumer Goods
  • 9.3% Oil & Gas
  • 4.6% Health Care
  • 3.7% Telecommunications
  • 3.2% Financials
  • 0.8% Money Market

Holdings by asset type

  • 39% Swedish Equities
  • 27.1% Norwegian Equities
  • 18.2% Danish Equities
  • 14.9% Finnish Equities
  • 0.8% Money Market

Individual holdings

  • 4.6% BORR DRILLING LTD
  • 4.6% BW OFFSHORE LTD
  • 4.5% AP MOLLER-MAERSK A/S
  • 3.7% MILLICOM INTERNATIONAL CELLULAR SA
  • 3.4% SCHIBSTED ASA
  • 3.3% ACADEMEDIA AB
  • 3.3% BANG & OLUFSEN HLDG
  • 3.2% JA SOLAR HOLDINGS CO LTD
  • 3.1% GETINGE AB
  • 3% FJORD1 AS