Nordea USA Index Select – US diversification with a single fund

The USA Index Select Fund could be a good fit if you’re looking for a low-cost, effortless way to invest in the US stock market. We have reduced the management fee from 0.37% to 0.19%. The fund mainly invests in companies included in the MSCI USA benchmark index, providing diversified exposure to the US stock market.

The fund could be right for you if you:

• are looking for a straightforward way to invest in the US, the world’s largest stock market
• want diversification across different sectors and internationally operating companies
• are investing for the long term or wish to complement your existing portfolio.

As of 1 October 2026, the management fee for the Nordea USA Index Select Fund is 0.19% (previously 0.37%). Read more about all costs in the Key Information Document.

When you invest in the United States, you gain access to one of the world’s largest and most mature equity markets. US companies are global leaders in many industries, particularly technology, financial services and healthcare.

• The deep and liquid market makes buying and selling investments easier.
• A strong culture of entrepreneurship and innovation continues to support the creation and growth of new businesses.
• You can invest in international companies operating across a wide range of sectors.

The MSCI USA Index tracked by the fund measures the performance of large and mid-sized US companies. The index provides broad sector diversification and covers about 85% of the free-float adjusted market capitalisation of the US equity market.

Neither the index nor the fund promotes ESG characteristics. Our Index Select funds do, however, exclude companies that do not meet our responsible investment criteria.

Remember diversification

The US represents a significant share of the global stock market, but concentrating your investments in a single market increases risk. To build a well-balanced portfolio, it’s wise to invest across different regions worldwide.

It’s good to remember that the value of your investments may rise or fall. The fund’s return and risk profile are influenced primarily by changes in the value of its underlying investments and movements in exchange rates. In some years you get a high return on your investments and in some years you make a loss. However, in the long term the average return is typically positive.

How have US stock market indices performed historically?

Historically, the US stock market has delivered* an average annual return of around 10% before inflation. However, returns have varied significantly over time, and past performance is not a reliable indicator of future results.

It’s good to remember that the value of your investments may rise or fall. In some years you get a high return on your investments and in some years you make a loss. However, in the long term the average return is typically positive.

*(MSCI USA Index (EUR), return in 2012–2025) 

Is this fund a cost-effective way to invest in the US?

Yes. The Nordea USA Index Select Fund is a low-cost way to invest in the US stock market. The fund’s annual management fee is 0.19%, and there are no subscription or redemption fees for transactions made through Nordea’s digital channels. In addition, estimated transaction costs are about 0.02% per year. Check the latest costs in the Key Information Document before making an investment decision.

Can I invest in the fund automatically each month?

Yes. You can make a monthly savings agreement and start investing from as little as 10 euros per month. By investing regularly over a number of years, you can help smooth out the impact of market fluctuations and spread your investments across different points in time.