IPOX® Nordic Index (IPND)
The IPOX® Nordic Index is an applied market cap-weighted index portfolio that measures the performance of companies domiciled and traded in Denmark, Finland, Norway, and Sweden. Ranked quarterly by market cap in the IPOX® Global Composite Index and subject to defined liquidity and exposure criteria, the IPOX® Nordic Index has historically captured approximately 95% of total market cap created through new listings activity in the Nordic region over the past four years.
The Best of Scandinavian New Listings
The IPOX® Nordic Index includes a diverse mix of 30 companies that exemplify recent trends in the Nordic Equity Capital Markets (ECM). This index is designed to provide exposure to the largest and best-performing new listings in the region, ensuring a robust and dynamic investment portfolio.
Nordic Regions in Focus
Sweden: Leading in Technology and Pharmaceuticals
Sweden is a hub of innovation, particularly in technology and pharmaceuticals. Swedish music streaming giant Spotify has revolutionized how people consume and discover music globally. In the pharmaceutical sector, companies like Swedish Orphan Biovitrum (SOBI) are making significant strides in addressing rare diseases. Additionally, Bonesupport, a maker of bone cement, highlights Sweden's advancements in medical technology, showcasing the country’s commitment to healthcare innovation.
Norway: Rich in Resources, Powering the Green Energy Revolution
Norway, known for its rich natural resources, is a key player in the energy sector. Companies like Var Energi ASA are at the forefront of oil and gas exploration and production, driving Norway's economy. Marine engineering firms such as DOF Group ASA are also prominent, exemplifying Norway's expertise in marine and offshore industries, contributing significantly to global energy solutions.
Denmark: Advancing Health Care and Renewable Energy
Denmark is home to Novo Nordisk, a world leader in diabetes care and obesity treatments. This pharmaceutical giant is renowned for its development of GLP-1 medications, which have revolutionized the management of obesity, diabetes and related metabolic conditions. Denmark also leads in renewable energy with companies like Cadeler A/S, which specializes in offshore wind farm construction and maintenance, highlighting the country's commitment to sustainable energy solutions.
Finland: Retail and Sports Equipment Innovation
Finland's dynamic market is represented by companies like Puuilo Oyj, a leading retailer known for its wide range of DIY products and household supplies. Additionally, U.S.-listed Amer Sports, known for its popular brands like Arcteryx and Wilson, showcases Finland’s strength in the sports equipment and consumer goods market.
For investors seeking exposure to the Nordic region's most innovative and best-performing new public companies, the IPOX® Nordic Index offers a unique, all-in-one solution. Through its rules-based methodology and quarterly rebalancing, the index systematically captures the performance of these dynamic growth companies.
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