Sustainability.
Sustainability
Nordnet Fonder is a wholly owned subsidiary of Nordnet Bank. The fund company started operations in May 2022 and offers funds in all markets where Nordnet operates - Sweden, Norway, Denmark and Finland. The goal of the business is to conduct qualitative and cost-effective management focused on broad asset classes for long-term savers. Sustainability is an important component of our management work, and the prospectus for each fund contains more information on how our various funds take sustainability into account in their management. You can read more about the Nordnet Group's overall sustainability work here.
No consideration of Principal Adverse Impacts
Version 1.2, Updated 2025-05-12
Nordnet Fonder has elected not to consider adverse impacts of investment decisions on sustainability factors at the present time as we consider our existing sustainability processes to be appropriate, proportional, and tailored to the investment strategies of its funds.
For the fund management company's index funds, we have assessed that the scope to consider principal adverse impacts on sustainability factors in the management is limited, as these are passively managed in relation to their benchmark indices. For the fund management company's allocation funds, the assessment has been made based on the fact that the funds primarily invest in other funds, and that it may therefore be difficult to establish suitable processes to be able to consider adverse impacts on sustainability factors in the fund's investments.
Nordnet Fonder works to continuously develop the company’s sustainability processes and intends to work towards considering adverse impacts of investment decisions on sustainability factors in due course
| Version | Description | Date |
| 1.0 | First version of document | 2022-11-03 |
| 1.1 | General update of format and content | 2023-12-01 |
| 1.2 | General update of format and content | 2025-05-12 |
Integration of sustainability risks in the investment decision process
Version 1.4, Updated 2025-05-12
The EU's Sustainable Finance Disclosure Regulation (SFDR) defines a sustainability risk as an environmental, social or governance-related event or circumstance that, if it occurs, could have a significant negative impact on the value of the investment.
Impact of sustainability risks on performance
The value of a fund's holdings may develop negatively due to sustainability risks related to fines, reduced demand for products and services or damaged reputation. A sustainability-related event can affect an individual investment, a broader economic sector or a geographic region, which can have an impact on the fund's performance.
The fund management company's assessment is that managing sustainability risks by deselecting investments in certain companies and sectors, as well as exerting influence through dialogue and active ownership, will yield a better risk-adjusted return over time. In the short term, however, such an investment strategy may increase the fund's sector-specific risk and result in poorer returns.
How sustainability risks are integrated in the investment decision process
Nordnet Norge Indeks
Nordnet Norge Indeks is an index fund with the objective of following its benchmark index, which has no sustainability-related inclusion or exclusion criteria. As the fund, according to its fund regulations, does not have the option to deviate from its index, sustainability risks have not been integrated into the investment decision process. The sustainability risks that are material for the fund are primarily climate-related and specific to the Norwegian stock market, with a relatively high exposure to oil and gas.
Nordnet Sverige Index, Nordnet Danmark Indeks, Nordnet Suomi Indeksi
For other index funds, sustainability risks are limited by excluding certain companies. In the index's selection process, there are exclusion criteria based on exposure to certain industries as well as exposure to companies that violate the UN Global Compact or have a high degree of controversy according to Sustainalytics' assessment. The exclusion criteria are determined by the index provider and continuously evaluated by Nordnet Fonder. As a result of their exclusion strategies, the funds have primarily reduced risk concerning social and governance-related sustainability risks.
Nordnet One
For the allocation funds within Nordnet One, sustainability risks are limited by investing a majority of the fund’s assets into underlying funds complying with SFDR Article 8 or 9. All external fund companies undergo a due diligence process before investment and thereafter at least annually by Nordnet Fonder, in which the fund companies' sustainability work and the product's sustainability profile is evaluated.
In addition to this, the funds integrate exclusion criteria to avoid companies with exposure to controversial weapons, companies with non-compliance towards international norms and conventions, and companies involved in significant controversies. As a result of their exclusion strategies, the funds have primarily reduced risk concerning social and governance-related sustainability risks.
| Version | Description | Date |
| 1.0 | First version of document | 2022-11-09 |
| 1.1 | General update of format and content | 2023-07-14 |
| 1.2 | Clarifications regarding Nordnet Indeksfond Norge and Nordnet One | 2023-12-01 |
| 1.3 | Update of fund names | 2024-01-15 |
| 1.4 | General update of format and content | 2025-05-12 |
Shareholder engagement
Version 1.2, Updated 2024-12-06
As a fund company Nordnet Fonder shall represent shareholders in all matters relating to the Company's funds, including ownership issues.
| Version | Description | Date |
| 1.0 | First version of document | 2022-11-09 |
| 1.1 | Update of active licenses and yearly revision | 2023-07-14 |
| 1.2 | Yearly revision | 2024-12-06 |