Nordic small cap funds record returns poles apart from one another in 2020

Whilst the best performers recorded impressive returns approaching 100 percent last year, the weakest performers in the peer group pulled in a return close to zero, indicates data by Morningstar.
Highs and lows like in the Nordic mountains. The best-performing Nordic based funds investing in North Europe were all small growth funds whose returns approached 100 percent, whilst the poorest performers' return stood at 2.2-2.6 percent for the year in euro terms. | Photo: Pexels: Stein Egil Liland.
Highs and lows like in the Nordic mountains. The best-performing Nordic based funds investing in North Europe were all small growth funds whose returns approached 100 percent, whilst the poorest performers' return stood at 2.2-2.6 percent for the year in euro terms. | Photo: Pexels: Stein Egil Liland.

All funds registered in the Nordic region that invest in small and medium caps in Northern Europe pulled in a positive return last year, data by Morningstar reveals.

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