OP-Sustainable Wellbeing Fund

1

The fund invests in companies that support human wellbeing and equal opportunities

The fund invests in health and education services and companies that, as employers, take matters of equality into account in an exemplary manner.

2

Sustainable and responsible without compromising returns

The theme includes companies with strong growth expectations as well as more moderate companies, to balance risk.

3

Easy diversification across the world and by industry

The fund's investments are diversified across the world and by industry. Investment decisions are made by an active and experienced portfolio manager.

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OP-Sustainable Wellbeing fund

The OP-Sustainable Wellbeing fund invests in companies that support human wellbeing and equal opportunities with their operations. The fund also invests in companies with an exemplary employer role in terms of social and equality questions.

By investing in the OP-Sustainable Wellbeing fund, you not only help make society more sustainable but also invest in companies that have profitable prospects.

You can make one-off investments or start systematic investing with a small sum, such as ten euros. As an owner-customer, you can buy and sell fund units with no charges. Your fund units earn you OP bonuses. When you sell fund units, the money will be credited to your account within a few week days.

The fund's investments and active portfolio management

The fund's experienced portfolio manager selects the companies the fund invests in. In addition, our ESG specialists help take account of sustainability risks and ensure social impact. Our equity choices aim for a positive social impact and we take account of environmental and corporate governance factors. In addition to the general list of exclusions, we exclude fossil fuel companies almost entirely.

The fund invests in the equities of about 50–80 companies although this number may vary depending on the portfolio manager’s view. The companies selected for the portfolio develop, for example:

Health and wellbeing services
Solutions related to the availability of education, financing, digital services and housing
Improved nutrition and sustainable agriculture
Sustainable traffic solutions and the circular economy

We ensure that the companies we invest in develop in a more sustainable direction by interacting with company executives and taking the role of active owners: we vote and have an influence on the companies we invest in.

The OP-Sustainable Wellbeing fund is well diversified and efficiently managed. The fund mainly takes notable active risk and it may differ significantly from the composition, weights and risk level of the benchmark index. The recommended investment horizon is at least 7 years.

OP-Sustainable Wellbeing

Fees

Subscription fee	Annual management fee	Redemption fee
0,0 %	1,8 %	1,0 %

As an owner-customer, you can buy and sell fund units with no charges. The fund units bring OP bonuses to owner-customers of an OP cooperative bank.

Investment policy

OP-Sustainable Wellbeing is an equity fund which invests broadly in the global stock market. It may invest in both developed and emerging markets, with a typical focus on the USA and Europe.

The fund's investment operations pay attention to the principles of sustainable development, placing a particular emphasis on social themes. The fund prioritises investments in companies that support sustainable wellbeing for people and societies, while also accounting for the environmental impact of the investments’ business operations. The main themes of the fund are wellbeing and equality. The fund typically invests in companies that develop health and wellbeing services, solutions related to the availability of education and financing services, the energy system and the circular economy, new traffic solutions and traffic safety, the availability of apartments, improved nutrition, and sustainable agriculture, for example. The fund may also invest in companies with an exemplary employer role in terms of social questions.

The fund will primarily invest directly in stocks. The fund may use derivative instruments to hedge against market movements, to replace direct investments and to otherwise promote effective portfolio management.

The fund diversifies its equity investments, held broadly among a variety of companies. The fund typically invests in equities of about 50–80 companies although this number may vary depending on the portfolio manager’s view.

The fund’s equity market exposure may vary between 75% and 105% of the Fund’s value. Equity exposure typically varies between 90% and 100%.

The Fund's benchmark index is the MSCI ACWI Screened Index. 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.

ESG

The Fund's goal is to make sustainable investments. The Fund invests in sectors that have a significant positive impact on sustainable social wellbeing. The Fund typically invests in companies that develop health and wellbeing services, solutions related to the availability of education, financing and digital services, the circular economy, sustainable traffic and infrastructure solutions, the availability of apartments, improved nutrition, and sustainable agriculture, for example. Companies that are in line with the Fund's sustainable investment goals also include companies which are exemplary employers in terms of selected social questions, such as companies listed as the best places to work in global comparisons, and which otherwise pass OP's sustainable investment analysis.

Those investment options whose business promotes one or more UN Sustainable Development Goals (SDG) without harming other sustainable factors or goals are considered sustainable investments. Sustainable investments are determined using OP Asset Management’s analysis model based on SDG and EU Taxonomy alignment data and green revenues data by external service providers, among other sources. The analysis model used by OP Asset Management is also supplemented by manual analysis used to identify the best-in-class social impact of companies.

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 necessary. Also, a process to influence the company’s behaviour can be started.

OP Asset Management uses several data sources from different service providers. Primary data sources are MSCI ESG Research and S&P Trucost, which 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 UN Sustainable Development Goals. The service providers use both data reported by companies and estimates based on an assessment model developed by each service provider.

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

Income unit generating annual cash flow, suitable for foundations

Rules (pdf)

Key information Dokument (pdf)

Monthly review (pdf)

Accumulation unit suitable for institutional investors III A

Rules (pdf)

Key information Dokument (pdf)

Monthly review (pdf)

Accumulation unit suitable for institutional investors IV A

Rules (pdf)

Key information Dokument (pdf)

Monthly review (pdf)

Portfolio manager's review

More details Basic data, performance and fact figures

Basic data

Fund manager: Mikko Linnanvuori
Benchmark index: MSCI ACWI Screened Index
Start date: 16.11.2023
ISIN: FI4000561311
fund serie: Accumulation unit
Fund size: 22 Meur
Serie value (13.03.): 106,47 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-Sustainable Wellbeing A	−10,59 %	−7,60 %	−4,90 %	−1,68 %	-	-
Benchmark	−10,98 %	−8,73 %	+1,99 %	+8,39 %	-	-

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-Sustainable Wellbeing A	-	-	-	+4,98 %	+6,77 %	−5,01 %
Benchmark	-	-	-	+5,07 %	+26,65 %	−7,26 %

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-Sustainable Wellbeing A	12,74 %	-	-
Benchmark index	-	-	-

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.