Would you like to invest in Lannebo Småbolag Select?
The minimum initial investment is SEK 100 000, and then SEK 20 000 per subscription opportunity thereafter. Lannebo Småbolag Select is open for subscriptions and redemptions on the last business day of each month. Welcome to contact us directly if you would like to invest.
All businesses start out as small enterprises, where some have the potential to realize strong growth over time. Historically smaller companies have outperformed the overall market. One reason for this is that many smaller companies have had the skills to achieve growth, often through international expansion. The challenge for the portfolio manager is to find the companies that have this growth potential. A small cap fund is always a favourable component in a savings portfolio.
Lannebo Småbolag Select is an actively managed equity fund that invests in small and medium sized enterprises listed in the Nordic region, primarily in Sweden. Investments should have a market capitalization not exceeding 1 per cent of the Swedish stock market's total market capitalization at the time of investment. At the end of the mid-year 2019, one per cent of the Swedish stock market's total market capitalization was approximately SEK 70 billion. The fund is a special fund and can act outside the normal rules that apply to traditional equity funds, which gives the portfolio manager greater investment opportunities. This means that, among other things, the fund can concentrate holdings to a smaller number of companies than that of a traditional equity fund.
We strive to create a good risk-adjusted return. To achieve this, emphasis is placed on each of the fund’s individual investments. In order to estimate a company's future potential we evaluate its business model, market position, risks and development opportunities. For instance, we take the company’s financial standing and historical financial performance into account when assessing a company’s valuation. The intent is that each investment qualifies on its own merits. This results in investments in quality companies, where we can have a knowledgeable opinion about their future potential for growth, and where a company’s valuation is adequately attractive. We focus on aspects that are important for the company and its long-term development, and we strive to avoid being distracted by elements affecting the share price short-term. The goal is that the fund, while taking a balanced approach to risk, should provide a better return than similar funds.
The fund is suitable for those who
- want to invest in small and medium-sized companies listed on the Swedish and other Nordic stock markets
- want an actively managed fund with investments based on a clear understanding of each individual company
The minimum initial investment is SEK 100 000, and then SEK 20 000 per subscription opportunity thereafter. Lannebo Småbolag Select is open for subscriptions and redemptions on the last business day of each month.
In addition to a fixed management fee, Lannebo Småbolag Select charges a performance fee, calculated individually for each unit holder, payable if the fund's performance exceeds the fund's hurdle rate. The fund’s hurdle rate is the 30-day STIBOR plus 5 percentage points.
The fund management company has the right to close the fund for the purchase of additional units, which means that new units cannot be bought. A decision on the fund’s closure requires that the fund's total assets exceed the fund management company’s fixed capital limit for the optimal management of the fund. The capital limit is currently set at SEK 3.5 billion.
- Previous day
- Year to date
- 5 years
- Inception date
- Fixed fee
- Variable fee
- 20% of any outperformance*
Information on the Variable fee