Empower Europe. The time is now.

As global power dynamics shift, Europe stands on the edge of a fundamental transformation. A new strategic era is unfolding: energy independence, industrial revitalization and stronger defence are no longer ambitions – they are a must.

Backed by more than €1 trillion in EU investments,1 this transformation is creating an exceptional opportunity for investors.

To capture it, discover the Nordea 1 – Empower Europe Fund, built to invest in the drivers of Europe’s transformation.

Europe priorities
€ +1 tn in EU Investments
Investment themes

Backed by experience, built for what's next

The Nordea 1 – Empower Europe Fund is a high-conviction all-cap equity strategy positioned to identify and seize the long-term drivers emerging from this pivotal shift.

It stands out for its active exposure to innovative small and mid-cap companies — agile, often-overlooked businesses that are central to Europe’s push for resilience, sovereignty, and technological leadership.

Backed by an experienced investment team with over 30 years of expertise in European equities and a proven track record of alpha generation.2

Backtest – Year by year and cumulative returns (EUR)

Source: Nordea Investment Management AB (Fundamental Equities Team). Data as of end of April 2025. Gross of fees. The performance represented are simulated results achieved by the application of a backtest. The backtesting of performance differs from the actual performance and is not a reliable indicator of future results. Investors may not recover the whole amount invested. The value of your investment can go up and down, and you could lose some or all of your invested money. For illustrative purposes only.

Nordea 1 - Empower Europe Fund.

Empower your portfolio.

Derivatives risk: Small movements in the value of an underlying asset can create large changes in the value of a derivative, making derivatives highly volatile in general, and exposing the fund to potential losses significantly greater than the cost of the derivative. For more information on risks the funds are exposed to, please refer to the section “Risk Descriptions” of the prospectus.

1 Source: European Commission.

2 The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount invested. The value of your investment can go up and down, and you could lose some or all of your invested money.

Fundamental Equities Team

Fund documentation

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Energy Resilience

Where we invest:

  • Renewable energy
  • Energy infrastructure
  • Flexibility of distribution and storage
  • Green construction and renovation
  • Electrification
  • Circular economy

Energy Resilience

Where we invest:

  • Renewable energy
  • Energy infrastructure
  • Flexibility of distribution and storage
  • Green construction and renovation
  • Electrification
  • Circular economy

Reshoring

Where we invest:

  • Production automation
  • AI and digitalization
  • Regional supply and services
  • Component regionalization
  • Just in time – Just in case
  • Business support services

Reshoring

Where we invest:

  • Production automation
  • AI and digitalization
  • Regional supply and services
  • Component regionalization
  • Just in time – Just in case
  • Business support services

Defence & Cyber Security

Where we invest:

  • Defence systems
  • Electronics for defence
  • Defence apparatus
  • Defence systems automatization
  • Cyber risk mitigation
  • Communication systems

Defence & Cyber Security

Where we invest:

  • Defence systems
  • Electronics for defence
  • Defence apparatus
  • Defence systems automatization
  • Cyber risk mitigation
  • Communication systems
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