Ruth Core
Nordic Small Cap

Risk

5/7

Savings horizon

At least 5 years

Market

The Nordic countries

Savings type

Equity

Sustainability

Focused

About the fund

Ruth Core Nordic Small Cap is an actively managed fund that invests in Swedish and Nordic equities within small cap and micro cap companies and which all have a common denominator - a strong and ambitious level of sustainability.

It is a niche fund that is comprehensive enough to be the primary small and micro cap building block in your portfolio.

The investment strategy is based on a fundamental company analysis that focuses on quality, value and sustainability. The management team's long experience in combination with a careful sustainability analysis, enables us to identify the companies’ risks and opportunities, and ensures that no company that does not meet the sustainability requirements is included in the fund.

With this active management philosophy at its core, the fund aims to outperform the fund's benchmark market.

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 7/22/2024
140.05 SEK
ISIN
LU2744834404
Dividend
-
Inception date
10/17/2022
UCITS
Yes
Trading frequency
Daily
Net assets 6/30/2024
1 325 MSEK
Yearly fee
1,90 %
Management fee
1,00 %
Performance fee
0,00 %
  • Geographical exposure
    Sector allocation

    Number of holdings
    39
    Dividend yield
    • 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.

      7 Comparison 7 Fund

      Datasource: Sustainability CubeTM score.
      Read more

      Exclusions

      Which controversial sectors the fund does not invest in.

      Exkluderingar med tröskelvärden på 5 % appliceras vilket kan innebära investeringar i bolag som har upp till fem procent av den oönskade verksamheten, enligt gällande praxis.

      Fonden gör ytterligare exkluderingar med högre tröskelvärden än 5 %, läs mer i vår exkluderingspolicy

      Corporate governance

      The companies in the fund's average proportion of independent board members.

      73 %

      Fund

      77 %

      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.

      6 Comparison 6 Fund

      Datasource: Sustainability CubeTM score.
      Read more

      Climate 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.

      Low High

      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

      19 Tonnes CO2e

      M Euro revenue

      Comparison

      32 Tonnes CO2e

      M Euro revenue

      Datasource: 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.

      6 Comparison 6 Fund

      Datasource: Sustainability CubeTM score.
      Read more

      Main 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

      32.8% 34.4%

      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.

  • Performance

    1 day
    0,75 %
    Month-to-date
    5,57 %
    Year-to-date
    15,22 %
    1 year
    24,00 %
    3 year
    5 year

    Risk

    Risk
    5
    Standard deviation 1 year
    15,47 %
    Standard deviation 3 year
    Standard deviation 5 year
    Max drawdown
    16,79 %
    Value at risk

Portfolio managers

  • Anna Strömberg

    (Carnegie Fonder)

  • Mattias Sjödin

    (Carnegie Fonder)