The fund was established on 15 November 1999 under the name ODIN Robur Europa SMB. ODIN took over the management of the fund on 24 November 2004, and the fund is managed by Truls Haugen and Alexandra Morris, with Haugen as responsible manager. ODIN Europa SMB freely invests, regardless of the industry, in small and medium-sized limited companies listed on the stock exchange, whose head offices or origins are in Europe. The long-term aim of the fund is to give a higher return than the European equity market for small and medium-sized businesses (reference index: MSCI Europe net Small Cap Index).