The change is related to the legal act on transfer taxes, which was changed at the start of the year. Transfer tax is paid for sales of housing companies and properties, for example. The subscription fee of OP’s real estate funds is paid to the fund to cover the transfer tax costs arising from real estate transactions. With the amendment, we will also reduce the subscription fees for our funds as follows.
OP-Rental Yield special common fund 1.50% (2%)
OP-Forest Owner special common fund 3.00% (4%)
OP Public Services Real Estate Fund (non-UCITS) 1.5% (2%)
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OP-Public Services Real Estate fund
Advertisement. OP Fund Management Company Ltd manages the funds, with OP Asset Management Ltd as the portfolio manager. The Key Investor Information Document and fund prospectuses are available at subscription venues and at op.fi. (in Finnish and Swedish) and contain further information about risks, fees and other fund characteristics.