Fact sheet: Fidelity Nordic

Fund information

Fund name
Fidelity Nordic A SEK
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Ronald Port
since 17/11/2008
Fund objective
Aims 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. 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

Quick stats

1 Year return

26.35 %

1 Year rank in sector

10/97

Sector

FO Equity - Europe Single Country

Yield
-
Fund size

£ 5.7 b

FE Risk score

125

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Sweden
    37.3%
  • Norway
    29.1%
  • Finland
    17.4%
  • Denmark
    15.3%
  • Others
    0.6%
  • Industrials
    47.8%
  • Consumer Services
    12.7%
  • Consumer Goods
    11.6%
  • Oil & Gas
    9.2%
  • Health Care
    6.7%
  • Swedish Equities
    37.3%
  • Norwegian Equities
    29.1%
  • Finnish Equities
    17.4%
  • Danish Equities
    15.3%
  • International Equities
    0.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.06 %2.88 %26.35 %43.95 %140.45 %
Sector-1.08 %5.43 %16.12 %28.06 %64.7 %
Rank within sector77 / 9762 / 9710 / 9718 / 8910 / 84
Quartile th4 th3 rd1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund10.02 %32.05 %4.41 %6.29 %37.33 %
Sector9.6 %9.63 %9.17 %1.69 %17.53 %
Rank within sector46 / 9714 / 9774 / 9350 / 867 / 84
Quartile th2 nd1 st4 th3 rd1 st

Risk statistics

Alpha4.88
Beta1.02
Sharpe0.73
Volatility13.84
Tracking error7.35
Information ratio0.64
R-Squared0.71

Price movement

52 week high1339
52 week low1018
Current bid price0
Current offer price0
Current mid price1279

Holdings by region

  • 37.3% Sweden
  • 29.1% Norway
  • 17.4% Finland
  • 15.3% Denmark
  • 0.6% Others
  • 0.3% Money Market

Holdings by sector

  • 47.8% Industrials
  • 12.7% Consumer Services
  • 11.6% Consumer Goods
  • 9.2% Oil & Gas
  • 6.7% Health Care
  • 5.7% Telecommunications
  • 5.5% Financials
  • 0.5% Others
  • 0.3% Money Market

Holdings by asset type

  • 37.3% Swedish Equities
  • 29.1% Norwegian Equities
  • 17.4% Finnish Equities
  • 15.3% Danish Equities
  • 0.6% International Equities
  • 0.3% Money Market

Individual holdings

  • 4.1% BORR DRILLING LTD
  • 3.8% AP MOLLER-MAERSK A/S
  • 3.4% GETINGE AB
  • 3.4% MILLICOM INTERNATIONAL CELLULAR SA
  • 3.3% ELEKTA
  • 3.3% SKF AB
  • 3.1% BW OFFSHORE LTD
  • 3% GUNNEBO AB
  • 3% STOLT-NIELSEN LTD
  • 2.9% ELECTROLUX AB