New benchmark indexes for OP index funds

New benchmark indexes will be introduced as of 13 October. The benchmark indexes of OP’s international index funds will be switched from the MSCI market-weighted all-share indexes to the suite of MSCI ESG Universal indexes. This means that in future the weighting of companies conducting their business in a responsible manner will increase in these funds.

The index funds will continue to be widely diversified also in future, and their return profile will remain unchanged. We believe that paying attention to the responsibility of investment vehicles and encouraging companies towards increasingly sustainable business will contribute to the achievement of long-term investment objectives. Responsible companies have at least as good opportunities as other companies to generate added value to investors.

With this change, we are also combining two investment trends: responsibility and cost-efficiency. In addition, the strengths of the suite of MSCI ESG Universal indexes from the perspective of ESG rating are the increased weighting of good companies and the ensuring of the exclusion of controversial companies.

This change will apply to all index funds apart from the OP-Finland Index, for which it was not possible to find a benchmark index that would, in our opinion, creditably address the ESG factors.

Read more about OP’s index funds