OP-Emerging Middle Class Fund
The increasing wealth of the middle class in emerging economies is not just about more and more people being able to buy a new fridge or a pair of running shoes. Alongside accelerating consumer demand, companies' operating environment is stabilising, which contributes to democracy and reduction of political risks. As a theme fund, OP-Emerging Middle Class offers a unique and tailored way to invest in companies which benefit from their domestic market trends within emerging economies.
- The fund invests in companies benefitting from economic growth in emerging markets and the increasing wealth of local population.
- Growth in emerging economies is based, for instance, on high and growing population, favourable age structure and urbanisation.
|
Subscription fee |
Annual management fee |
Redemption fee |
|---|---|---|
| 0,75% | 2,50% | 0,75% |
Agreements under a systematic investment plan are not subject to subscription fees. Fund units generate OP bonuses.
OP-Emerging Middle Class invests globally in emerging equity markets, selecting companies benefitting from economic growth and especially from increasing wealth of local population in the emerging economies. The fund’s investments are allocated to sectors where consumer goods and services they produce are likely to see structural growth in demand in the long term.
Emerging market equity funds are designed for investors seeking high returns from strongly growing emerging markets. The OP-Emerging Middle Class theme fund is a good fit for investors seeking to benefit from the increasing affluence of, and changing consumer behaviour among, population in the emerging markets. While many elements here are attractive, a person investing in OP-Emerging Middle Class also needs to be aware of the special characteristics and risks related to emerging markets. The risk level in emerging markets is basically always higher than in advanced markets, and the fund takes high active risk. The fund's value may vary significantly depending on the market situation and the fund's value performance may differ from that of other comparable funds. Consumer demand in emerging economies being a long-term investment theme, this fund is mainly recommended to an investor who intends to redeem his/her units after seven years at the earliest.
OP-Emerging Middle Class is an equity fund which invests its assets in emerging equity markets on a global scale in companies that are expected to benefit from growth in consumer demand in emerging economies. The Fund’s investments are allocated to sectors where consumer goods and services they produce are likely to see structural growth in demand in the long term.
The Fund’s investments are mainly based on direct equity investments. In its investment operations, the Fund may use derivative instruments in order to hedge against the risk of adverse market movements and exchange rate changes, to replace direct investments and to promote otherwise effective portfolio management.
The Fund’s market exposure may vary in such a way that the Fund invests a minimum of 75% and a maximum of 100% of its value in equity markets. The equity exposure typically varies between 90 and 100%.
The Fund invests its assets broadly among various companies. The Fund typically invests its assets in equities of around 40–60 companies but this number may vary depending on the investment manager’s view.
The portfolio manager makes investment decisions based his prevailing view on the market. Key issues in the context of the fund’s investment decisions include the portfolio management’s views on individual companies.
The Fund’s benchmark index is MSCI Emerging Markets TR Net. 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.
The portfolio manager's review is available on the fund's Finnish pages.
Basic data
- Fund manager
- FIL (LUXEMBOURG) S.A.
- Benchmark index
- MSCI Emerging Markets TR Net
- Start date
- 05.02.2014
- ISIN
- FI4000076294
- fund serie
- Accumulation unit
- Fund size
- 51,4 meur
- Serie value (14.03.)
- 120,36 EUR
- Monthly review
- Download
- Key Information Document
- Download
- Rules
- Download
Accumulated profit (14.03)
| 1mth | 3mth | 6mth | 1 y | 3 y p.a. | 5 y p.a. | |
|---|---|---|---|---|---|---|
| OP-Emerging Middle Class A | −1,89 % | −0,77 % | +9,68 % | +17,14 % | +4,65 % | +0,21 % |
| Benchmark | −3,66 % | −2,02 % | +6,11 % | +9,46 % | +5,06 % | +7,63 % |
Yearly performance
| 2020 | 2021 | 2022 | 2023 | 2024 | YTD | |
|---|---|---|---|---|---|---|
| OP-Emerging Middle Class A | −2,58 % | −3,76 % | −25,06 % | −3,97 % | +14,15 % | +1,97 % |
| Benchmark | +8,54 % | +4,86 % | −14,85 % | +6,11 % | +14,68 % | −0,52 % |
Key figures
| Volatility 12 m | vola 12m | Sharpe 12 m | Duration | |
|---|---|---|---|---|
| OP-Emerging Middle Class A | 14,73 % | - | - | |
| 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.
Income unit generating annual cash flow, suitable for foundations
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.