Nordic companies are often leaders in their respective industries and lead the way in sustainability. WIP Nordic Equity invests in high-quality, reasonably priced shares of Nordic companies through prudent risk-taking. The fund’s investments emphasize on companies which mainly operate within service and maintenance. The fund also invests in sustainability pioneers and growth companies.
Several factors are assessed when analyzing investment targets, with special emphasis on that the company has a strong market position, a sustainable competitive advantage, and a proven business model, which is a prerequisite for generating stable cash flows and enabling sustainable economic growth.
|Portfolio manager||WIP Asset Management Ltd
Rasmus Skand and Jenni Hemánus
|Fund management||GRIT Fund Management Company Ltd|
|Custodian||SEB Ab, Helsinki branch|
|Fund inception date||1.9.2010|
|A-unit inception date||2.1.2020|
|Management fee p.a.||0,9 %|
|Performance fee||15 %*|
|Subscription fee||0 %|
|Redemption fee||0 %|
|Minimum subscription||1 000 EUR|
* with 6 % hurdle and High Water Mark.
The mutual fund adheres to the principles of responsibility in all its investment decisions and does not invest in companies that engage in unethical or controversial business activities.
WIP Nordic Equity has been classified as a responsible fund under Article 8 based on EU regulations. The light green funds under Article 8 promote environmental and social issues, among other characteristics.