R2 Crystal special common fund

The minimum subscription is EUR 10,000. Fund units do not generate OP bonuses. The fund pays the management and custody fees of the underlying fund unit investments.

The Fund Management Company receives a maximum of twenty (20) per cent of the amount by which the Fund exceeds the performance of the Credit Suisse Hedge Fund Index (EUR) Index. However,a performance-based fee is not charged if the Fund’s value performance across five (5) years is negative compared to the Index. The length of this reference period is the same as the Fund’s period in operation, until the Fund has been operating for five (5) years. A performance-based fee may be charged even if the value of the fund unit decreases during the review period.

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

Fund subscriptions and redemptions are confirmed four times a year: on 31 March, 30 June, 30 September and 31 December. Valuation of funds generally takes 45 days, after which you can view confirmed subscriptions and redemptions in your portfolio.

When you order a fund subscription, it will be confirmed by 16.00 on the final banking day of the quarter. The subscription will be executed at the unit value quoted on the last banking day of the quarter. For example, if you order a subscription on 1 April, it will be confirmed on 30 June.

If you order a fund redemption by 16.00 on the last banking day of a given quarter, the redemption will be confirmed at the unit value quoted on the last banking day of the following quarter. For example, if you order a redemption by 16.00 on 30 June, it will be confirmed on 30 September.

The purpose of the R2 Crystal special common fund is to achieve a high return in the long term, relative to the risks taken by the Fund. The Fund seeks to achieve an efficient risk-return ratio and mainly invests its assets in hedge funds with a moderate risk and a favourable risk-return ratio.

The aim of the Fund is to achieve a high overall return under normal market conditions, not directly dependent on trends in the equity or interest markets. The actual risk-return ratio of the fund depends on several factors, such as a correct view of the market, successful strategy, accurate fund selection and risk management. Investment selection focuses on return potential but also on ways to spread the overall risk of the portfolio. The fund’s assets are normally invested in 10 to 25 hedge funds.

The fund is a special common fund as referred to in the Act on Common Funds, since it may invest in investment products not allowed for mutual funds in accordance with the UCITS Directive. The fund typically applies leverage in its investment activities.

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: