OP-World Index Fund

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The OP-World Index fund gives access to global stock markets and is a cost-effective way to complement actively managed stock and fixed income funds for long-term and pension investors, for example.

In an index fund, the fund's assets are invested to track the performance of a given group of stocks, or market index. OP-World Index tracks the MSCI World Screened index and invests in stock markets in developed economies. Index funds are a form of passive investment, which means that the portfolio manager does not select stocks independently but instead tracks the movements of the selected index. Dividends from stocks are automatically reinvested into the fund.

Our view is that companies that act sustainably hold a competitive edge on the markets in the long term. For this reason, the fund tracks an index that is committed to maintaining a 30% lower carbon intensity compared to the parent index. The index also excludes industries that are harmful to the environment and society, such as coal, tobacco and controversial weapons.

Why invest in the OP-World Index fund

Access global stock markets effortlessly
Cost-effective way to complement actively managed funds
Industries that are harmful to the environment or society are excluded from the fund

OP-World Index

morningstar™

Online fees and charges

Subscription fee	Annual management fee	Redemption fee
0,00 %	0,39 %	0,00 %

The fund units generate OP bonuses for private customers who are also our owner-customers.

More information on the fund

OP-World Index invests its assets globally in advanced markets and the investor's portfolio will thereby get a solid base steadily following global economic prospects. OP-World Index suits investors hunting for high returns, but it also requires risk tolerance and willingness to follow market events and manage the investment accordingly. Here the portfolio manager's role mainly consists of cost-efficient execution of the fund according to the index.

OP-World Index offers a good diversification method for anyone's investment portfolio. Thanks to their low fees and high expected return in the long term, index funds can well complement other investments in the portfolio of, say, a long-term saver or pension saver. OP-World Index is recommended primarily in a situation where redemption of units would occur after seven years at the earliest.

Investment policy

OP-World Index is a passive index fund that invests assets according to the MSCI World Screened Index in large listed companies diversified on a global basis. This means that the fund’s investments are split between the countries and businesses of the benchmark index in the same proportion as in the index.

Since the fund aims to generate the same returns as the benchmark index, it only keeps a small portion in cash for the purposes of redemptions. In order to lower its trading needs arising from redemptions and subscriptions, the fund may to a
limited extent use derivative instruments in portfolio management.

Since the fund’s assets are invested in large-cap stocks, its investments can be highly concentrated on certain sectors, such as finance and industry.

The Fund’s trading costs are relatively low as changes to the portfolio are basically only made in conjunction with index adjustments.

Responsibility of the fund

The Fund is a passive index fund. It promotes environmental and social characteristics by using an index based on environmental, social and governance (ESG) analysis while excluding certain investments.

Negative screening: As the Fund is a passive index fund, the Fund manager cannot make individual exclusion decisions. The Fund is based on an index which excludes companies with connections to the production of controversial weapons. The index also excludes companies which have violated international standards (UN Global Compact and OECD guidelines for multinationals) and companies which have committed very severe ESG violations.

Use of ESG data in the investment analysis: The benchmark index considers companies’ ESG rating and emphasises companies with better ESG ratings.

Shareholders’ meetings: The Fund votes in shareholders’ meetings through a service provider in line with OP Fund Management Company Ltd’s shareholder engagement principles that take responsibility aspects into account.

Assessing good governance: The Fund is based on the MSCI Universal Index, using both the MSCI ESG Rating and the MSCI ESG Rating Trend data and gives weight to those companies with better ratings. The level of corporate governance is included in the ESG Rating.

Sustainability-related disclosures

Portfolio manager's review

More details Basic data, performance and fact figures

Basic data

Fund manager: OP Asset Management Ltd
Benchmark index: MSCI World Screened Index
Start date: 29.09.2017
ISIN: FI4000261128
fund serie: Accumulation unit
Fund size: 1978 Meur
Serie value (13.03.): 215,12 EUR
Monthly review: Download
Key Information Document: Download
Rules: Download
Sustainability data: Download

Accumulated profit (13.03)

	1mth	3mth	6mth	1 y	3 y p.a.	5 y p.a.
OP-World Index A	−11,80 %	−9,55 %	+1,30 %	+7,76 %	+10,39 %	+15,88 %
Benchmark	−11,71 %	−9,39 %	+1,57 %	+8,23 %	+10,66 %	+16,09 %

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-World Index A	+5,36 %	+31,67 %	−13,14 %	+19,95 %	+27,52 %	−8,06 %
Benchmark	+5,63 %	+31,93 %	−13,29 %	+20,16 %	+28,02 %	−7,91 %

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-World Index A	13,22 %	-	-
Benchmark index	-	-	-

The fund's other unit classes

Income unit generating annual cash flow, suitable for foundations

The fund’s unit class II A with a minimum subscription of 100,000 euros

The fund’s unit class IIB with a minimum subscription of 100,000 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.