OP-Private Fixed Income Strategy Fund

The OP-Private Fixed Income Strategy fund is a convenient wealth management solution for OP Private clients seeking a moderate return on their investment with a low risk. Through the fund, you diversify your investments in international fixed income markets.

Investment decisions for the OP-Private Fixed Income Strategy fund are made by OP Asset Management's experienced portfolio management team based on in-depth expertise of global bond markets. The fund invests in both government bonds as well as in investment-grade and high-yield corporate bonds throughout the world. The portfolio management team actively adjusts the ratio of different fixed income products depending on market conditions. The fund makes its investments mainly through other funds, which further improves the fund's broad diversification.

The investment decisions of the OP-Private Fixed Income Strategy fund are guided by sustainability. Industries categorised as harmful to the environment or society are excluded from the fund's investments. These include thermal coal production and the manufacture of controversial weapons. We also regularly screen the fund's investments regularly to ensure compliance with international norms related to anti-corruption, for example.

Why invest in theOP-Private Fixed Income Strategy fund?

Matalaa riskiä arvostavan Private-asiakkaamme vaivaton varainhoitoratkaisu
Kokenut salkunhoitotiimi tuntee kansainväliset korkomarkkinat ja reagoi aktiivisesti talouden muutoksiin
Sijoituspäätöksissä huomioidaan vaikutukset ympäristöön ja yhteiskuntaan

OP-Private Fixed Income Strategy

morningstar™

Online fees and charges

Subscription fee	Annual management fee	Redemption fee
0,00 %	0,75 %	0,50 %

The minimum subscription is 1,000,000 euros. Fund units generate OP bonuses. The fund pays the management and custody fees of the underlying fund unit investments.

Investment policy

OP-Private Fixed Income Strategy is a bond fund, with the funds mainly invested in bond markets in Europe and the OECD countries. The fund is an AIF fund based on the Alternative Investment Fund Managers Directive.

The Fund's investments are mostly implemented through other funds, which ensures a high degree of diversification across fixed-income asset classes and issuers. In its investment operations, the Fund may also use derivative instruments in order to hedge against the risk of adverse market movements, to replace direct investments and to promote otherwise effective portfolio management. The portfolio manager will decide whether or not to hedge the Fund's non-euro investments against currency risks. The modified duration of the Fund, a measure of the price sensitivity of a bond to interest rate movements, typically fits in the range of 4.5-6.5, which means a negative value change in the fund as a percentage, if interest rates increase by one percentage point. If interest rates fall, the Fund’s value increases correspondingly. The fund is an active fixed-income asset management fund that seeks good yields with moderate risk in all market conditions. The Fund’s investments will be changed depending on market conditions. The investment decisions particularly emphasise weightings between fixed income asset classes (e.g. money-market instruments, government bonds, corporate bonds with higher and lower credit ratings, convertible bonds), and adjustment of the Fund’s interest rate risk. The The fund is a AIF fund, based on the Alternative Investment Fund Managers Directive, since it may invest in vehicles not available to funds under the UCITS Directive.

The Fund promotes environmental and social characteristics and, to ensure it, uses environmental, social and governance (ESG) analysis and excludes certain investments. For more information about the ESG methods used, see the fund prospectus. The “do no significant harm” principle applies only to those investments underlying the fund that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this fund do not take into account the EU criteria for environmentally sustainable economic activities.

Resbonsibility of the Fund

The Fund promotes environmental and social characteristics by integrating fund level as well as fund-look-through analysis and monitoring of sustainability factors into the investment process. The Fund does not emphasise or prioritise any single theme or sustainability factor, but addresses sustainability factors widely, avoiding investments in controversial activities and business with adverse environmental or social impacts and by emphasising funds that promote environmental and/or social characteristics or aim to invest sustainably.

To the extent that the Fund engages in sustainable investment, in other words investing in financial activities that promote either environmental or social objectives, steps are taken to ensure that these sustainable investments do not cause significant harm to any sustainable investment objective. OP Asset Management uses several data sources from different service providers.

The primary data sources are Bloomberg, Morningstar, MSCI ESG Research and S&P Trucost. Data from Bloomberg and Morningstar are mainly used for fund level analyses. MSCI ESG Research and S&P Trucost provide information on topics such as the sustainability risks of investee companies, share of business operations with adverse impacts, climate risks and opportunities, and how the operations of investee companies align with the UN Sustainable Development Goals. Data from these service providers are used to the extent that the Fund invests in mutual funds managed by OP. The service providers use both data reported by the companies and estimates based on an assessment model developed by each service provider.

Regarding mutual funds managed by OP, the principal adverse impacts (PAI) on sustainability are regularly analysed by screening all investments for their PAI indicators. If the screening reveals investee companies with significant principal adverse impacts on sustainability in comparison to peers, and if the said PAI indicator is deemed essential for the investee company, the investee company will be monitored more closely and excluded, if deemed necessary. Also, a process to engage with the company can be started. For investments in funds other than OP funds, the extent to which PAI factors can be addressed depends on the availability of data, and our processes can develop as the availability and quality of data improve.

Kestävyyteen liittyvien tietojen antaminen

Portfolio manager's review

More details Basic data, performance and fact figures

Basic data

Fund manager: Lauri Tynys
Benchmark index: Composite benchmark, see the fund Prospectus for details
Start date: 12.05.2015
ISIN: FI4000120639
fund serie: Accumulation unit
Fund size: 38 Meur
Serie value (13.03.): 105,03 EUR
Monthly review: Download
Key Information Document: Download
Rules: Download
Sustainability data: Download

Accumulated profit (12.03)

	1mth	3mth	6mth	1 y	3 y p.a.	5 y p.a.
OP-Private Fixed Income Strategy	−0,82 %	−1,27 %	−0,23 %	+2,89 %	−0,42 %	−0,63 %
Benchmark	−0,99 %	−1,55 %	+0,21 %	+3,13 %	−0,13 %	−0,12 %

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-Private Fixed Income Strategy	+1,30 %	−1,19 %	−14,38 %	+7,02 %	+3,08 %	−0,54 %
Benchmark	+3,68 %	−1,18 %	−15,02 %	+8,32 %	+3,81 %	−0,69 %

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-Private Fixed Income Strategy	3,09 %	-	-
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:

Check the status of your owner-customer membership or become an owner-customer

*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

The fund’s unit class IIA with a minimum subscription of 5 000, 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.