About the fund
Carnegie Micro Cap invests in listed Swedish companies with a market value of SEK 0.5-5 billion.
Minimum deposit is SEK 50,000. Please find the trade calendar here.
THIS FUND IS SUITABLE FOR YOU WHO:
- Diversify your portfolio
- Believe in the long-term potential of Swedish micro caps
- Believe in active fund management
Fund manager
Viktor Henriksson
MSc Business Administration. Employed since 2005 and has worked in the industry since 1996.
PDF for download
Fees and trading
- Management fee/year
- 2.03%
- Minimum deposit lump-sum/monthly
- 50,000kr/0kr
- Price listing
- Daily
- Bankgiro number
- 5176-8331
Basic facts
- Legal Seat
- SE
- Start date
- 2017-01-31
- ISIN Code
- SE0009495633
- Morningstar rating
-
Fund data
- Risk class
-
1234567
- Total risk
- 29.10%
- Sharpe ratio
- 1.64
- Churn
- 0.56 times/year
- Benchmark index
- Carnegie Micro Cap Return
- Tracking error
- 8.65%
- Active share
- 87%
Risk category
The seven-point risk scale is common to funds in the EU. Risk category 1 represents the lowest risk but also the lowest possibility of returns. Seven is the highest risk with higher possibility of returns. The risk category is based on how the fund's value has fluctuated over the past five years.
Total risk
A measure of risk that measures value changes. Stated as a percentage. The higher the percentage, the higher the volatility. Calculated as the standard deviation of monthly returns for the fund during 24 months, multiplied by the square root of the number of months during the year.
Sharpe ratio
The Sharpe ratio is a measure of risk that compares the actual return on the portfolio, minus the risk-free interest rate, to the total portfolio risk. Portfolio risk is defined as the standard deviation of returns over 24 months. This can be said to illustrate the payment you receive for the risk you take.
Churn
Churn measures how many transactions are made by the fund manager. It is defined as the lowest of the sum of purchased and sold securities, divided by the average net asset value of the fund. Churn is expressed as an annual rate.
Benchmark index
The benchmark index has been used as a basis for calculating Tracking Error and Active Share. The chosen benchmark is deemed to be relevant as it corresponds well with the fund’s investment policy.
Tracking error
Tracking error measures the difference in returns between a fund and its benchmark. The lower the tracking error, the more correlated the returns are to the benchmark. The higher the tracking error, the more the returns deviates from the benchmark. Reported as a percentage.
Active share
Active share measures how much the portfolio holdings differ from the benchmark index constituents. The higher the percentage, the higher the deviation is. Reported as a percentage.
Largest holding
- Nordic Waterproofing Hg AB Reg
- 7.62%
- New Wave Group AB B
- 6.91%
- Know It AB
- 6.47%
- Bufab AB
- 5.88%
- Ferronordic AB Reg
- 5.45%
- TF Bank AB Reg
- 5.12%
- Bergman & Beving AB B
- 4.33%
- Instalco AB Reg
- 4.20%
- Concentric AB
- 4.18%
- VNV Global AB Non voting Nv Reg
- 3.66%
- Other holding
- 46.17%
Geographic distribution
- Sweden
- 95.95%
- Norway
- 4.20%
- Luxembourg
- -0.14%
Nav distribution
- Equities
- 98.73%
- Cash and equivalents
- 1.27%