Nordea 1 - Nordic Equity Fund BC GBP

Category Nordic Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£23.9008

arrow-up£0.054 (+0.23%)

Fund Code

NOEQA

B9MT3G4

LU0841548497

Prices updated as at 12 Dec 2025

Prices in GBP

Investment objective

The fund taps into a potential investment universe of Nordic-listed companies. This means that the fund has access to world-class companies with strong global market positions, offering broad sector exposure within a relatively compact geographical area. The Nordic region has enjoyed more robust growth than Europe as a whole over the past 10 years. Nordic companies have sound financials and are positioned to benefit from global equity growth. Essentially the funds investment approach involves a fundamental bottom-up process, focusing on internal research and targeting stocks with three common characteristics: attractive valuation, positive earnings momentum and positive news flow. The stock market is screened using both external and internal sources with respect to key parameters, such as FCFy, EV/EBITDA, EV/EBIT, P/E, etc. Both absolute and relative valuations are considered, with quantitative research supporting, but not determining, the weight allocation.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Annual performance (%)

Year	This fund	Nordic Equity
30 Sep 14 - 30 Sep 15	4.89	3.81
30 Sep 15 - 30 Sep 16	21.66	31.96
30 Sep 16 - 30 Sep 17	17.21	17.97
30 Sep 17 - 30 Sep 18	4.43	2.64
30 Sep 18 - 30 Sep 19	-1.11	-2.21
30 Sep 19 - 30 Sep 20	21.25	18.94
30 Sep 20 - 30 Sep 21	25.89	22.97
30 Sep 21 - 30 Sep 22	-14.80	-19.28
30 Sep 22 - 30 Sep 23	5.27	9.21
30 Sep 23 - 30 Sep 24	18.06	18.91
30 Sep 24 - 30 Sep 25	0.66	2.39

Trailing returns (%)

Year	This fund	Nordic Equity
1 Day	0.23	0.36
1 Month	-0.08	-0.18
3 Months	2.72	5.15
6 Months	2.09	5.75
1 Year	9.44	12.52
3 Years annualised	5.13	7.60
5 Years annualised	5.64	5.38

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.