Geographical exposure
Sector allocation
Currency exposure
- Number of holdings
- 47
- Dividend yield
Ruth CoreNordic Small Cap
About the fund
Ruth Core Nordic Small Cap is an actively managed fund that invests in small- and micro-cap companies on the Swedish and Nordic equity markets.
The investment strategy is based on fundamental company analysis with a focus on quality, value, and sustainability. The fund’s concentrated portfolio of approximately 40 holdings consists of stable quality companies complemented by investments in emerging technologies. At least 75 percent of the capital is invested in Swedish companies, while the remainder is allocated across the other Nordic countries.
The fund has sustainable investment as its objective, and each investment undergoes a thorough sustainability analysis to ensure it contributes to environmental or social goals and does not cause significant harm. This means that each underlying investment must contribute to either an environmental or social goal aligned with the UN Sustainable Development Goals.
This fund is comprehensive enough to serve as the core building block for small- and micro-cap exposure in your portfolio and aims to outperform its benchmark index, Carnegie Small Cap Net Return, over the long term.
Fakta om fonden
- Fund name
- Ruth Core Nordic Small Cap A
- Strategy
- Swedish Small Cap Equity
- Benchmark
- Carnegie Small Cap Net Return Index
- NAV price 6/13/2025
- 136.32 SEK
- ISIN
- LU2744834404
- Dividend
- -
- Inception date
- 7/1/2024
- UCITS
- Yes
- Sustainability (SFDR)
- Article 9
- Trading frequency
- Daily
- Net assets 5/31/2025
- 2 080 MSEK
- Management fee
- 1,00 %
- Ongoing charges
- 1,80 %
- Performance fee
- 0,00 %
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- Basic
- Enhanced
- Focused
- Impact
Exposure to sustainability risks and opportunities
-
Shows the fund's exposure to potential risks associated with environmental, social and governance aspects.
ESG Leadership Score
How well the companies in the fund are positioned to manage ESG-related risk
Measures exposure to risk and its management.
Datasource: Sustainability CubeTM score.
Read moreExclusions
Which controversial sectors the fund does not invest in.
The fund applies additional exclusions with thresholds higher than 5%. Read more in our Responsible Investment Policy.
Corporate governance
The companies in the fund's average proportion of independent board members.
73 %
Fund
76 %
Comparison
Datasource: MSCI
-
Shows the fund's exposure to climate-related transition risks and opportunities.
Climate transition score
How well companies are positioned to address the challenges posed by climate change.
Measures, among other things, companies' carbon dioxide emissions, companies' emission reduction targets and progress towards targets.
Datasource: Sustainability CubeTM score.
Read moreClimate risk exposure
How companies are exposed to physical and transition-related climate risks.
Measures the vulnerability of companies based on, among other things, emissions, the type of activity and its geographical location.
Datasource: MSCI
Emissions
Measures the carbon intensity of the portfolio based on the ratio of the underlying company's emissions to revenues as a weighted average - WACI.
Fund
17 Tonnes CO2e
M Euro revenueComparison
30 Tonnes CO2e
M Euro revenueDatasource: MSCI
Impact of the investment
-
Shows the fund's exposure to companies that contribute to solving global challenges and impact on sustainability factors.
UN Global Goals score
How well the companies in the fund contribute to the UN Sustainable Development Goals.
Measures how well the companies' activities, revenues, products and services contribute to individual objectives.
Datasource: Sustainability CubeTM score.
Read moreMain negative consequences on sustainability *
Showcases a few of the funds actual or potential negative impact on sustainability, measured through a few criteria for social and personnel questions.
Fund Comparison Company breaches of UNGC norms
The share of companies in the fund that have breached at least one of the 10 principles set by FN Global Compact (UNGC) measured as serious breaches.
0.0% 0.0% Company breaches of OECD norms
The share of companies in the fund that have breached at least one of the principles set by OECD measured as serious breaches.
0.0% 0.0% Boardmember gender distribution
The average share of female board members for the underlying companies in the fund
33.2% 35.2% Datasource: MSCI
* In the investment process for the funds the fund company assesses selected negative consequences for sustainable development. All factors are not assessed for all funds and are not relevant for all underlying investments in the funds. Read more in the Policy for Due Diligence of the fund
The fund's sustainability figures are based on the entire portfolio. The fund's sustainability figures are compared to a portfolio consisting of 100 % Carnegie Small Cap Index.
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Performance
- 1 day
- −1,05 %
- Month-to-date
- −0,53 %
- Year-to-date
- 0,01 %
- 1 year
- 0,56 %
- 3 year
- 5 year
Risk
- Risk
- 4
- Standard deviation 1 year
- 14,00 %
- Standard deviation 3 year
- Standard deviation 5 year
- Max drawdown
- 20,58 %
- Value at risk
- 9,78 %
The fund was launched on July 1, 2024, and is in effect a continuation of the merging fund Ruth Core Nordic Small Cap (SE0018689432). The receiving fund and the merging fund had similar investment objectives and policies, and they were managed by the same investment team. Since the merger did not impact the fund's performance, the historical data prior to July 1, 2024, is reported for the merging fund, Ruth Core Nordic Small Cap (SE0018689432).
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Portfolio managers
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Anna Strömberg
(Carnegie Fonder)
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Mattias Sjödin
(Carnegie Fonder)