OP-Tactical Portfolio B
Agilely after the best returnsAn investor's success or failure depends on their market insight and reaction speed. OP-Tactical Portfolio is a balanced fund for an investor who understands the importance of both of the abovementioned qualities but who expects the portfolio manager to see to their application in practice.
- The fund’s equity weighting is actively managed and it can vary sharply depending on market conditions.
- The fund's investments are primarily executed through other mutual funds and they are diversified widely around the world.
|
Subscription fee |
Annual management fee |
Redemption fee |
|---|---|---|
| 0,75 % | 0,33 % | 0,75 % |
The minimum subscription in OP-Tactical Portfolio is 30,000 euros. Fund units generate OP bonuses. The fund pays the management and custody fees of the underlying fund unit investments.
OP-Tactical Portfolio is an equity-based balanced fund that diversifies its investments in a versatile way across the world’s equity and fixed-income markets. Investments are primarily made through other funds. The fund’s equity weighting is actively managed and it can vary sharply depending on market conditions. The underlying idea is to make use of stocks' return potential during upswings and, correspondingly, to protect assets using fixed-income investments during downswings.
OP-Tactical Portfolio is directed at demanding investors who are looking for asset management characterised by strong views. The risk level of OP-Tactical Portfolio is close to that of an equity fund, and its interest rate risk and credit risk are fairly low. Since investments are also made outside the euro area, the fund is exposed to risks caused by unfavourable movements in foreign exchange rates. The investor also needs to consider the risks related to asset class selection as well as a moderate active risk which arises when the portfolio manager applies a strong view and accordingly focuses on individual asset classes such as equities or fixed-income investments. This fund is mainly recommended to an investor who intends to redeem his/her units after five years at the earliest. The minimum subscription is 30,000 euros.
Read the portfolio manager's review on the fund's Finnish pages.
OP-Tactical Portfolio (Fund) is a balanced fund which mainly invests its assets in international equity and bond markets.
In the basic allocation, the Fund invests 75% of its assets in equity markets and 25% in bond markets. The share of equity-linked instruments of the Fund's value may vary between 50% and 80% in the basic allocation. According to the portfolio management's view, the Fund may lower its equity weight to 20–50% for a short or intermediate-term in order to hedge against falling equity prices.
The Fund makes investments mainly through other mutual funds. The Fund may use derivative instruments in order to hedge against adverse market movements, to replace direct investments and to otherwise promote effective portfolio management.
Derivatives are chiefly used to manage equity and interest rate risks.
The Fund also invests in non-euro-area markets involving currency risks. In the basic allocation, the Fund does not hedge against currency risk but may, according to the portfolio manager's view, take temporary hedging measures.
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.
Read more about fund’s responsibility on the fund’s Finnish pages.
Basic data
- Fund manager
- Ville Pekkala
- Benchmark index
- Composite benchmark, see the fund Prospectus for details.
- Start date
- 23.04.2001
- ISIN
- FI0008804588
- fund serie
- Income unit
- Fund size
- 191 Meur
- Serie value (21.11.)
- 155,03 EUR
- Monthly review
- Download
- Key Information Document
- Download
- Rules
- Download
Accumulated profit (21.11)
| 1mth | 3mth | 6mth | 1 y | 3 y p.a. | 5 y p.a. | |
|---|---|---|---|---|---|---|
| OP-Tactical Portfolio B | +0,40 % | +3,70 % | +4,59 % | +17,45 % | +5,40 % | +7,21 % |
| Benchmark | +0,35 % | +3,57 % | +4,43 % | +18,40 % | +6,38 % | +8,79 % |
Yearly performance
| 2019 | 2020 | 2021 | 2022 | 2023 | YTD | |
|---|---|---|---|---|---|---|
| OP-Tactical Portfolio B | +19,09 % | −2,29 % | +21,86 % | −8,82 % | +13,15 % | +13,16 % |
| Benchmark | +20,72 % | +2,75 % | +20,84 % | −8,00 % | +14,40 % | +14,11 % |
Key figures
| Volatility 12 m | vola 12m | Sharpe 12 m | Duration | |
|---|---|---|---|---|
| OP-Tactical Portfolio B | 7,09 % | - | - | |
| Benchmark index | - | - | - |
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.
The fund's other unit classes
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.