Fidelity® Nordic (FNORX)

Net Asset Value
1 Day
Overall Morningstar Rating
Miscellaneous region
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in securities of Danish, Finnish, Norwegian, and Swedish issuers and other investments that are tied economically to the Nordic region. It normally invests primarily in common stocks and allocates investments across different Nordic countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Nordic market. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.


1 month-2.44% 3 years+21.35%
3 months-3.90% 5 years+15.61%
1 year+25.08% Since inception+11.65%
Data through --

Peer Comparisonvs. Miscellaneous region

Performance 5-yr return+15.61%+10.99%
Expense ratio1.04%1.90%
Risk 5 year sharpe ratio0.830.55
Net assets$616.4M$295.3M
Average market cap$4.6B$25.5B
Average P/E19.014.2
Portfolio turnover61%61%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenurePer Johansson / 3 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


International stock89.21%
Fixed income3.05%
U.S. stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 30.18%
Consumer goods 15.71%
Financial service 14.44%
Healthcare 14.10%
Telecommunication 10.89%
Top 10 Holdings
Portfolio weighting
-- Swedish Match AB4.42%
-- Svenska Handelsbanken Class A4.33%
-- Vestas Wind Systems A/S4.13%
-- Kinnevik Investment AB Class B3.56%
-- Statoil ASA3.39%
-- Kesko Oy3.24%
-- Nokia Oyj3.01%
-- G4S PLC2.93%
-- Chr Hansen Holding AS2.93%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.