OP-Rental Yield II B

A fund that enables you to easily become a residential property investor
1

Easy residential property investment

Through the residential property fund, you can be a residential property investor without the trouble and large amount of initial capital that an owner-occupied apartment involves.

2

Steady return from a residential property fund

Rental apartments offer steady return based on rental income and are therefore less vulnerable to market movements.

3

Higher return potential and diversification benefits

Renting and construction contracting of apartments and office premises offer higher return potential than what a mere residential property investment offers.

Buy mutual fund units

A residential property fund enables you to invest in housing units and real property

OP-Rental Yield is a non-UCITS fund that enables you to diversify your investments in housing units, real property and their construction. The fund's investments focus on growth centres and attractive areas.

By investing in OP-Rental Yield, you will enjoy the benefits of residential property investment without the trouble caused by managing the property or tenancy.

The fund seeks stable and steady return. OP-Rental Yield primarily aims to earn a rental yield on apartments it owns. In addition, the fund may acquire business premises and earn additional income by leasing them.

Why it pays to invest in OP-Rental Yield?

  • No previous experience in residential property investment is required.
  • Enables a steady return that is not dependent on stock markets.

OP-Rental Yield is a fund for investors with a long-term approach

OP-Rental Yield suits investors with a long-term approach, who seeks a stable and steady return on their investments. The fund focuses its investments on residential property and real property markets. For this reason, the general value performance in property markets and the performance of rental income have a significant effect on seeking returns and the value of the returns.

The fund annually pays unitholders a dividend that equals 75% of the realised net profit. Annual dividend has been paid as follows: €1.23 (2014), €1.22 (2015), €1.53 (2016), €2.09 (2017), €2.56 (2018), €3.50 (2019), €3.03 (2020).

Considering that investing in residential property is a long-term investment, it therefore pays to engage oneself in the residential property fund for a longer time. OP-Rental Yield suits investors who intend to redeem their units after four years at the earliest. The fund is a splendid choice for those dreaming of residential property investment but not ready to spend a large amount of initial capital on purchasing a buy-to-let home.

OP-Rental Yield

−7,78 %

year

(6)

Risk level

morningstar™

ESG
Online fees and charges
Subscription fee Annual management fee Redemption fee
1,50 % 1,20 % 1,00 %

In case the investment is held under 4 years, at the moment of redemption we will charge a 3% fee and, for investments held under 2 years, a 5% fee. Subscription and redemption fees are refunded to the fund. The fund's value is calculated 4 times a year. OP-Rental Yield II be series minimum subscription amount is 1,000,000 euros. This amount generates no OP bonuses.

Portfolio manager's review
Read the portfolio manager's review on the fund's Finnish pages.
Investment policy

OP-Rental Yield fund mainly invests its assets in apartments, commercial premises and residential construction contracting. The fund is a AIF fund based on the Alternative Investment Fund Managers Directive.

The fund’s investments are mainly made in rental apartments which typically account for some half of the fund’s portfolio. In addition, the fund invests a maximum of a fifth of its gross assets in residential construction contracting. These investments are made either directly to OP-Rental Yield’s own construction contracting or indirectly in shares in limited partnerships engaged in building and renting homes. The fund also invests in commercial premises, such as business and office premises.

Developments in prices and rental income in the Finnish property market contribute considerably to the fund’s return and value. Fund investments typically focus on real property in growth poles and other regions considered the most attractive by the portfolio management.

The fund management company may, for the account of the fund and for the purpose of the fund’s investment operations and asset management, borrow an amount that accounts for a maximum of half (½) of the fund’s total assets. For a special reason, the fund management company may borrow an amount accounting for a maximum of one-third (⅓) of the fund’s net assets for a temporary purpose. The fund may pledge its assets in security for its loans.

Responsibility of the fund

OP-Rental Yield is a non-UCITS fund which mainly invests its assets in homes, commercial premises and residential construction contracting in Finland. The Fund promotes environmental and social characteristics and, to ensure it, uses environmental, social and governance (ESG) analysis and excludes certain investments. The Fund’s investments are mainly made directly in rental apartments which account for at least half of the Fund’s portfolio. In addition, the Fund invests a maximum of a fifth of its gross assets in residential construction contracting.

The Fund promotes environmental and social characteristics by supporting sustainable urbanisation in the form of infill development and by favouring energy efficient solutions. In selecting investments, we place emphasis on locations that enable access to services on foot or by bicycle or public transport. The Fund enables the construction of new, healthy homes and a high-quality alternative to home ownership.

This financial product promotes environmental or social characteristics, but sustainable investment is not its objective. To the extent that the Fund makes sustainable investments, those investments aligned with the EU Taxonomy which have set climate change mitigation as their environmental goals are considered sustainable investments. Climate change mitigation is promoted by investing in the options that meet the requirements of the EU Taxonomy. Insofar as the Fund makes sustainable investments with climate change mitigation as the environmental goal, it is assessed in line with the EU Taxonomy that the investment does not cause significant harm to other goals following the EU Taxonomy.

The sustainability indicators monitored include the average energy class of properties, the production of renewable energy in properties, the number of homes built and the number of certified properties.

More details Basic data, performance and fact figures

Basic data

Fund manager
OP Real Estate Asset Management Ltd
Benchmark index
No benchmark index
Start date
28.06.2019
ISIN
FI4000387485
fund serie
Fund size
1102 Meur
Serie value (30.09.)
118,09 EUR
Monthly review
Download
Key Information Document
Download
Rules
Download
Sustainability data
Download

Accumulated profit (30.09)

1mth 3mth 6mth 1 y 3 y p.a. 5 y p.a.
OP-Rental Yield B - −0,48 % −4,19 % −7,78 % −2,54 % +0,24 %
Benchmark - - - - - -

Yearly performance

2019 2020 2021 2022 2023 YTD
OP-Rental Yield B +2,58 % +2,84 % +5,94 % +2,11 % −4,78 % −5,77 %
Benchmark - - - - - -

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Rental Yield B 4,78 % - -
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:

*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.

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.