Overview

Investment Objective

Taaleri Finland Value is a unique value-oriented equity fund that focuses on Finnish value companies which have low or modest valuation multiples, capable management and simple and understandable business model. The fund’s investment process is based on academic research papers which have proven that value investing outperforms the market over a long period of time. Taaleri Finland Value’s lead Portfolio Manager is Mika Heikkilä who might be the most recognized portfolio manager who has successfully managed several  value-oriented long-only equity funds since 1999. Seize the opportunity to buy cheaply and sell dearly in Finland!

Trailing Returns

Year to Date
6.95%
3 Years Annualised
6.21%
5 Years Annualised
14.18%
10 Years Annualised
7.52%

Fund Benchmark

OMX Helsinki CAP (tuotto) (100%)
ISIN FI4000013172
Inception Date 5/26/10
Net Asset Value (NAV) 251.57 EUR (1/21/21)
Total Net Assets (mil) 44.78 EUR (1/21/21)
Risk Level 4/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return
Morningstar
Management Fee 1.20%

Fees and Expenses

Growth of 100 (EUR)

1/21/21

Performance

Trailing Returns

Year to Date
6.95%
3 Years Annualised
6.21%
5 Years Annualised
14.18%
10 Years Annualised
7.52%

Risk Level 4/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

Return/Risk Analysis

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 27.96 19.45 17.25
Sharpe Ratio 0.34 0.32 0.83

Portfolio

Asset Allocation %

Net
Stocks 99.51
Bonds 0.00
Money Market 0.49
Other 0.00

Country Distribution %

12/31/20

Fund
Finland 94.56
Sweden 5.44

Top 10 Holdings

55.09% of total assets in the fund

  1. Stora Enso Oyj R
    Finland
    8.60%
  2. Fortum Oyj
    Finland
    8.00%
  3. UPM-Kymmene Oyj
    Finland
    7.28%
  4. Nordea Bank Oyj
    Finland
    6.38%
  5. YIT Oyj
    Finland
    5.78%
  6. Sampo Oyj A
    Finland
    4.54%
  7. Metso Outotec Oyj
    Finland
    3.91%
  8. Citycon Oyj
    Finland
    3.79%
  9. Scanfil Oyj
    Finland
    3.58%
  10. Telia Company AB
    Sweden
    3.23%

Fees and Expenses

Management Fee 1.20%
Performance Fee 20.00%

20 % of the yield exceeding the comparison index, calculated daily over 12 months.
Initial Charge 1.00%
Redemption Charge 1.00%

Purchase Details

Initial Investment 100.00
Additional Investment 100.00

Portfolio Managers

Mika Heikkilä

Mika Heikkilä

Head of Equities
Taaleri Wealth Management Ltd
Helsinki
+358 50 554 3866
Olli Viitikko

Olli Viitikko

Portfolio Manager
Taaleri Wealth Management Ltd
Helsinki
+358 40 450 3741

Filings

Avaintietoesite Arvo Markka
Säännöt Arvo Markka
Taaleri Rahastoesite