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

20.99 %

1 Year rank in sector

47/98

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 6.3 b

FE Risk score

130

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    40%
  • Norway
    27.9%
  • Denmark
    16.8%
  • Finland
    14.5%
  • Money Market
    0.8%
  • Industrials
    49.1%
  • Consumer Services
    13.1%
  • Consumer Goods
    12.9%
  • Oil & Gas
    8%
  • Health Care
    7.6%
  • Swedish Equities
    40%
  • Norwegian Equities
    27.9%
  • Danish Equities
    16.8%
  • Finnish Equities
    14.5%
  • Money Market
    0.8%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-1.63 %1.16 %20.99 %55.47 %142.36 %
Sector-0.5 %3.57 %20.71 %33.17 %70.66 %
Rank within sector75 / 9964 / 9947 / 9814 / 9010 / 84
Quartile th4 th3 rd2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund14.15 %32.05 %4.41 %6.29 %37.33 %
Sector14.28 %9.63 %9.17 %1.69 %17.53 %
Rank within sector50 / 9814 / 9773 / 9352 / 867 / 84
Quartile th3 rd1 st4 th3 rd1 st

Risk statistics

Alpha6.05
Beta1
Sharpe1.03
Volatility13.5
Tracking error7.15
Information ratio0.8
R-Squared0.71

Price movement

52 week high1386
52 week low1083
Current bid price0
Current offer price0
Current mid price1327

Holdings by region

  • 40% Sweden
  • 27.9% Norway
  • 16.8% Denmark
  • 14.5% Finland
  • 0.8% Money Market

Holdings by sector

  • 49.1% Industrials
  • 13.1% Consumer Services
  • 12.9% Consumer Goods
  • 8% Oil & Gas
  • 7.6% Health Care
  • 5% Financials
  • 3.5% Telecommunications
  • 0.8% Money Market

Holdings by asset type

  • 40% Swedish Equities
  • 27.9% Norwegian Equities
  • 16.8% Danish Equities
  • 14.5% Finnish Equities
  • 0.8% Money Market

Individual holdings

  • 4.6% BORR DRILLING LTD
  • 4.1% GETINGE AB
  • 3.7% AP MOLLER-MAERSK A/S
  • 3.5% MILLICOM INTERNATIONAL CELLULAR SA
  • 3.4% BW OFFSHORE LTD
  • 3.4% ELEKTA
  • 3.2% KAPPAHL AB
  • 3.2% SKF AB
  • 3.1% BANG & OLUFSEN HLDG
  • 3% JA SOLAR HOLDINGS CO LTD