OP-World
Steady return from a broad-based selectionDiversification is the wisest thing you can do to your portfolio. OP-World enables broad-based diversification easily. The fund invests both in advanced and emerging stock markets around the world. Global diversification reduces the risk related to individual markets.
- The fund invests in stock markets around the world.
- The fund's investments are mainly executed through other funds in order to ensure comprehensive diversification.
| Subscription fee | Annual management fee | Redemption fee |
|---|---|---|
| 0,75 % | 1,60 % | 0,75 % |
Agreements under a systematic investment plan are not subject to subscription fees. Fund units generate OP bonuses. The fund pays the management and custody fees of the underlying fund unit investments.
OP-World diversifies its assets extensively across American, Asian and European equity markets. It is an actively managed equity fund, meaning that its portfolio manager analyses and follows the market trends of geographical areas and industries, forming a view and then applying it in executing the fund's investment policy. Stock investing is never completely risk free. The overall market risk is always present, and the value of the fund may fluctuate significantly depending on market conditions. Wide diversification, however, can to a significant extent offset the impact of volatility affecting certain target markets or stocks.
Generating risk-adjusted returns that by equity market standards can be considered good and steady, OP-World forms an ideal cornerstone of an investment portfolio. The fund is also a good choice for a passive investor. In addition to this cornerstone fund, investors can complement their portfolio with more specialised funds that support their own market view. OP-World is mainly recommended to an investor who intends to redeem his/her units after seven years at the earliest.
OP-World (Fund) is an equity fund which invests its assets broadly in the global equity market.
The Fund's investments are mainly based on investments in UCITS (EC Directive on Undertakings for Collective Investment in Transferable Securities) and non-UCITS funds and undertakings for collective investment (CIUs) (Underlying Investee Funds). All of the Fund’s assets may be invested in Underlying Investee funds, and a maximum of 20% of the Fund's value may be invested in one Underlying Investee fund. A maximum of 30% of the Fund's value may be invested in non-UCITS funds and in undertaking for collective investment (CIUs) that do not fulfil the UCITS Directive. 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.
The Fund's equity market exposure may vary between 75% and 100% of the Fund’s value. The equity weighting typically varies between 90% and 100%.
The Fund diversifies its equity investments broadly across various companies, since the investments are mainly implemented using funds.
The Fund's benchmark index is MSCI World EUR. 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.
Basic data
- Fund manager
- Lauri Tynys
- Benchmark index
- MSCI World EUR
- Start date
- 02.06.1997
- ISIN
- FI0008807516
- fund serie
- Income unit
- Fund size
- 405 Meur
- Serie value (04.11.)
- 67,01 EUR
- Monthly review
- Download
- Key Information Document
- Download
- Rules
- Download
Accumulated profit (01.11)
| 1mth | 3mth | 6mth | 1 y | 3 y p.a. | 5 y p.a. | |
|---|---|---|---|---|---|---|
| OP-World A | +1,03 % | +2,15 % | +7,10 % | +24,15 % | +4,80 % | +8,97 % |
| Benchmark | +1,23 % | +3,83 % | +9,91 % | +28,96 % | +8,70 % | +12,57 % |
Yearly performance
| 2019 | 2020 | 2021 | 2022 | 2023 | YTD | |
|---|---|---|---|---|---|---|
| OP-World A | +26,95 % | +4,52 % | +26,77 % | −14,77 % | +15,43 % | +12,26 % |
| Benchmark | +30,02 % | +6,33 % | +31,07 % | −12,78 % | +19,60 % | +18,37 % |
Key figures
| Volatility 12 m | vola 12m | Sharpe 12 m | Duration | |
|---|---|---|---|---|
| OP-World A | 11,24 % | - | - | |
| 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 or through insurance:
- Buy and sell almost all OP mutual funds with no fees.*
- You earn 0.35% OP bonuses from mutual fund and insurance assets.**
- Begin saving through insurance free of charge.
- 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.
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.
**OP bonuses are automatically used to pay the bank’s service charges and insurance premiums. No OP bonuses are accrued from the R2 Crystal special common fund or institutional classes of funds. The following investment products linked to insurance assets do not accrue OP bonuses: JPM Russia A, JPM Emerging Europe Equity Fund, and BlackRock GF Emerging Europe Fund A. OP bonuses are accrued from unit-linked insurance policies, excluding Individual Unit-linked Insurance and Individual Capital Redemption Contracts.
The fund’s unit class III A with a minimum subscription of 1 000,000 euros
The fund’s unit class IV A with a minimum subscription of 10,000,000 euros
Income unit generating annual cash flow, suitable for foundations
The fund’s unit class III B with a minimum subscription of 1 000,000 euros
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.