OP-Moderate Fund

The OP-Moderate fund is a good choice for investors who seek a reasonable return with moderate risk. The fund invests globally in both stocks and fixed income products, giving your portfolio a diversified mix of stocks with a higher expected return and fixed income investments that balance risks. As an owner-customer, you can buy, sell and switch OP-Moderate fund units without fees.

Your investment is managed by OP Asset Management's experienced portfolio management team that actively responds to market trends. In general, about half of the fund's assets are invested in stocks and half in fixed income products, but the portfolio managers may adjust the allocations depending on market conditions. You get broad diversification with a single investment, as the fund invests in both US technology giants and European government bonds that bring stability.

Sustainability guides the fund's investments. Because of this, companies categorized as harmful to the environment or society are excluded from investments. These can include producers of thermal coal and manufacturers of controversial weapons, among others. We also regularly screen the fund's investments to ensure compliance with international norms related to anti-corruption and taxation, for example.

Why invest in the OP-Moderate fund?

Excellent choice for risk-averse investors who want to build wealth to fund future purchases, for example
You get a globally diversified and professional portfolio that focuses on stable fixed income investments
The fund's investment decisions take impacts on the environment and society into consideration

Information about the fund

The performance is presented for the unit class A of the fund and is based on data from OP Fund Management Company Ltd. Recurring expenses have been deducted from the return presented. Potential subscription and redemption fees have been excluded from the calculations. Please note that past performance does not predict future returns.

OP-Moderate

morningstar™

Fees and charges

Subscription fee	Annual management fee	Redemption fee
0,0 %	1,25 %	0,0 %

The fund units accrue OP bonuses for private customers who are owner-customers of an OP cooperative bank.

Investment policy

OP-Moderate Fund is a balanced fund investing its assets in the global fixed-income and equity markets. In the base scenario, the fund invests 50% of its assets in the fixed-income markets and 50% in the equity markets. The proportion of fixed-income investments may range between 30–70 % and equity investments between 30–70 %. The fund’s investments are primarily made through other funds.The fund may use derivatives instruments in its investment activities to hedge against market fluctuations, to replace direct investments and to otherwise promote efficient portfolio management. Primarily derivatives are used in equity and interest-rate risk management. The Fund diversifies its investments on a broad basis among various companies and bonds, since the investments are mainly implemented using funds.

The Fund promotes environmental and social characteristics and, to ensure it, uses environmental, social and governance (ESG) analysis and excludes certain investments. For more information about the ESG methods used, see the fund prospectus. The “do no significant harm” principle applies only to those investments underlying the fund that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this fund do not take into account the EU criteria for environmentally sustainable economic activities.

The Fund’s benchmark index is a combination of several indexes. The composition of the benchmark index is described in the fund prospectus. With active investing, the Fund seeks to outperform its benchmark index in the long term. The Fund mainly takes notable active risk and it may differ significantly from the composition, weights and risk level of the benchmark index

Responsibility of the fund

Read more about fund’s responsibility on the fund’s Finnish pages.

Portfolio manager's review

More details Basic data, performance and fact figures

Basic data

Fund manager: Ville Pekkala
Benchmark index: Composite benchmark, see the fund Prospectus for details.
Start date: 08.03.2012
ISIN: FI4000036108
fund serie: Accumulation unit
Fund size: 2535 Meur
Serie value (24.04.): 157,48 EUR
Monthly review: Download
Key Information Document: Download
Rules: Download
Sustainability data: Download

Accumulated profit (23.04)

	1mth	3mth	6mth	1 y	3 y p.a.	5 y p.a.
OP-Moderate A	−4,15 %	−7,53 %	−4,71 %	+1,02 %	+2,28 %	+4,78 %
Benchmark	−3,57 %	−6,28 %	−3,24 %	+3,51 %	+4,21 %	+6,65 %

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-Moderate A	+3,27 %	+10,85 %	−12,84 %	+9,60 %	+10,97 %	−5,56 %
Benchmark	+6,85 %	+12,05 %	−12,92 %	+13,18 %	+13,09 %	−4,31 %

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-Moderate A	7,93 %	-	-
Benchmark index	-	-	-

Owner-customers’ saving and investing benefits

As our owner-customer, saving and investing is especially worthwhile thanks to the excellent benefits you receive.

Your benefits when investing in funds:

Buy and sell almost all OP mutual funds with no fees.*
You earn 0.35% OP bonuses from mutual fund and insurance assets.**

Your benefits when investing through insurance:

Begin saving through insurance free of charge.
You will earn 0.35% of OP bonuses from funds linked to insurance assets.***
Switch between investments, invest additional funds and change your payment and investment plan for OP Unit-linked Insurance and OP Capital Redemption Contract free of charge in our digital services.

**OP bonuses are used to pay the bank’s service charges and insurance premiums.

***You earn OP bonuses from unit-linked insurance policies, excluding individual unit-linked insurance policies and Individual Capital Redemption Contracts. The principles of contribution towards OP bonuses from funds linked to insurance assets will be harmonised with direct investments. As of 1 January 2025, the following funds linked to insurance assets will no longer contribute towards OP bonuses: third-party funds such as JP Morgan funds, structured loans and institutional class funds such as OP-World III A.

Your benefits in equity and ETF investing:

Open an equity savings account or book-entry account free of charge.
You get a discount on equity trading and a 1% fee ceiling when trading in Finnish listed companies through a book-entry account The discounts apply in digital services.
Get access to free stock picks and analysis.
Get a discount on the service packages for savers and investors:
Equity savings account:
Saver: €0/month (normally €2.99/month)
Investor: €9.99/month (normally €14.99/month)
Book-entry account:
Saver: €0/month (normally €2.99/month)
Investor: €0/month (normally €5.39/month)

Other benefits:

Only owner-customers can invest in Profit Shares.

Remember to make use of all benefits:

Check the status of your owner-customer membership or become an owner-customer

*Standard fees are charged for the following special common funds: OP-Public Services Real Estate, OP-Forest Owner, OP-Rental Yield, OP-Alternative Portfolio and OP-Private Equity.

The fund's other unit classes

The fund rules and the key information document are common to all unit classes.

Income unit generating annual cash flow, suitable for foundations:

Monthly review (pdf)

This is an advertisement. The funds are managed by OP Fund Management Company Ltd. The portfolio manager is the portfolio management company specified in the fund prospectus for OP funds. Investments always involve risks. The value of investments can rise and fall, and the investor may lose part of or all the invested funds. Past performance is no guarantee of potential future yield. The larger the fund’s expenses, the greater the impact on the expected return on the investment. Any yield also depends on taxation, which in turn varies depending on the investor’s personal circumstances and is subject to future changes. If the fund is marketed outside Finland, OP Fund Management Company Ltd may decide to end such marketing. The information presented on this page does not fully describe all the fund’s characteristics.

Before making an investment decision, take all the characteristics or objectives of the fund into consideration, as described in the fund prospectus for OP funds and other documents related to the fund. Only make your final investment decision after reading the fund prospectus for OP funds and the key investor information document and rules of the fund. These documents can be found on the web page of the respective fund. The fund prospectus and the summary of investors’ rights in mutual funds are available at op.fi in Finnish, Swedish and English.