The product group covers balance funds, equity funds and fixed-income funds.
Learn more about funds on our Investment Fund site
Regardeless if you area an investor that wants to invest your money in sustainable funds or of you are a fund provider that wants to Nordic Swan Ecolabel your fund you will find lots of information on our fund site.
The criteria document for funds is an overall document for the commodity groups:
Investment funds
Investment products
Fees are charged per commodity group according to the price list below.
Application fee
Application fee including one on-site inspection within the Nordic countries
3 000 EUR (per fund) excl. VAT.
Index funds:
2 000 EUR (per fund) excl. VAT for index funds that base their application on an index that has been pre-evaluated and approved by Nordic Ecolabelling.
Index providers and investment products:
125 EUR per hour excl. VAT.
Renewal fee
1 500 EUR (per fund) excl. VAT.
Annual licence fee
Annual Nordic licence fee
The annual licence fee is based on the size (AUM*) and the ongoing charges of the fund.
The licence fee is determined by calculating the average AUM held by Nordic unitholders (during the period of the year when the fund has had a valid Nordic Swan Ecolabel license). VAT is added.
Ongoing charges of fund | Licence fee
≥ 1.00% 0.0015% of AUM
<1.00 % 0.0014% of AUM
<0.80% 0.0013% of AUM
<0.60% 0.0012% of AUM
* Assets Under Management
Annual fee, index providers
1 500 EUR (one-day inspection) + travel costs. Please refer to "Fees for on-site inspections". If more than a working day is required for the inspection, an extra fee of 125 EUR per hour is charged.
Annual fee, Investments products
2 000 EUR + travel costs
Minimum fee for a Nordic fund licence
1 500 EUR per year excl. VAT
Maximum fee for a Nordic fund licence
10 000 EUR per year excl. VAT and 100 000 EUR per group, at a minimum 2 000 EUR per fund.
NB! Funds can also be marketed with the Nordic Swan Ecolabel outside the Nordic countries. The licence fee for funds is based on the AUM that Nordic unitholders hold in the Nordic Swan Ecolabelled fund.
Fees for extensions/alternation of the licence
Extension/alteration of existing licence
Fees will be charged according to how long it takes to deal with the matter:
- Less than 4 hours: 375 EUR excl. VAT
- Between 4 and 8 hours: 750 EUR excl. VAT
- More than 8 hours: 1 500 EUR excl. VAT
Fees for on-site inspections
Extra fee for additional on-site inspection within the Nordic countries
500 EUR excl. VAT per visit
On-site inspection outside the Nordic region, but within Europe *)
1 500 EUR excl. VAT per visit
On-site inspection outside Europe *)
2 500 EUR excl. VAT per visit
*) There is an extra fee of 1 000 EUR per day, if the inspection takes more than one day.