Nordea European Passive is a passive index fund that invests in the European equity market. The fund tracks the MSCI Europe NTR Index.
Management fee: 0.37%
Fund manager: Nordea Funds Ltd
The European market includes the economies of the EU member states and other countries in Europe. The most significant of these are Germany, the United Kingdom, France, Italy, Spain, Switzerland and the Netherlands.
Europe is known for its developed economy, strong industrial and service sectors, stable regulatory environment and long traditions. In the European Economic Area, most countries use the euro, which makes trading, planning investments, market activities and comparing prices easier across the region.
Many large global companies operate in Europe, particularly in consumer goods, industrials and financial services.
Europe is generally a stable market, and its business environment is relatively predictable. By investing in Europe, you benefit from strong investor protection and a wide range of companies across various sectors. However, Europe’s economic growth is often slower than in the emerging markets, and its ageing population affects long-term growth prospects.
Despite this, Europe can offer valuable diversification as part of your broader investment portfolio. To build a balanced portfolio, it is worth considering investments in other regions as well.
Learn more about geographical diversification and the different market areas.
Below you can find a few examples of funds that invest in the European equity market. Our full selection of investment funds is available in Nordea Mobile and Netbank and in our Funds Now service.

Nordea European Passive is a passive index fund that invests in the European equity market. The fund tracks the MSCI Europe NTR Index.
Management fee: 0.37%
Fund manager: Nordea Funds Ltd

Nordea’s Enhanced funds combine some of the characteristics of passive and active funds. European Enhanced is an equity fund that invests in the European equity market.
Management fee: 0.50%
Fund manager: Nordea Investment Funds S.A.

Our new Empower Europe Fund aims to invest in companies that help rebuild Europe’s strategic independence under three key themes. These themes are energy resilience, reshoring production and defence & cyber security.
Management fee: 1.50%
Fund manager: Nordea Investment Funds S.A.


Nordea European Sustainable Stars is an actively managed equity fund that mainly invests in the European equity market. The fund manager considers factors such as the environment, climate and labour rights in its investment decisions.
Management fee: 1.47%
Fund manager: Nordea Funds Ltd

Nordea European Small and Mid Cap Stars is an investment fund that invests in the shares of small and mid-cap companies that are European or operate mainly in Europe. The fund has a partial focus on sustainable investments.
Management fee: 1.50%
Fund manager: Nordea Investment Funds S.A.
The information provided on this website is intended as general product information only and does not constitute investment advice or recommendations. The return on your investment may fluctuate, and you may lose some or all of your capital. Past performance is not a guarantee of future results. We recommend that you read the fund’s Key Investor Information Document before making any investment decisions. This page contains marketing content.