OP-Nordic Countries Index Fund

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The OP-Nordic Countries Index Fund offers a cost-effective way to invest in the 70 largest listed companies in Finland, Sweden, Norway, and Denmark, making it a good addition alongside actively managed equity and bond funds. 

In an index fund, the fund's assets are invested to track the performance of a given group of stocks, or market index. The OP-Norther Countries Index fund tracks the MSCI Nordic Countries Screened 20–35 index. Index funds are a form of passive investment, which means that the portfolio manager does not select stocks independently but instead tracks the movements of the selected index. Dividends from stocks are automatically reinvested into the fund. When investing in a specific geographical area, it is good to consider the risk associated with a single market. You can reduce its impact by investing simultaneously in several index funds. 

Our view is that companies that act sustainably hold a competitive edge in the long term. For this reason, the fund tracks an index that is committed to maintaining a 30 per cent lower carbon intensity compared to the parent index. Additionally, the index excludes companies whose revenue depends on the production of coal or controversial weapons, among others. 

Why invest in the OP-Nordic Countries Index Fund?

  • Add the largest Nordic companies to your portfolio with a single investment 

  • A cost-effective addition alongside actively managed funds 

  • The fund avoids companies deemed harmful to the environment or society 

Information about the fund

The performance is presented for the unit class A of the fund and is based on data from OP Fund Management Company Ltd. Recurring expenses have been deducted from the return presented. Potential subscription and redemption fees have been excluded from the calculations. Please note that past performance does not predict future returns.

OP-Nordic Countries Index

−10,30 %

year

(4)

Risk class
3

morningstar™

ESG

The portfolio manager's review is available on the fund's Finnish pages.

Basic data, performance and fact figures

Basic data

Fund manager
OP Asset Management Ltd
Benchmark index
MSCI Nordic Countries Screened Net 20-35 Index
Start date
29.09.2011
ISIN
FI4000027974
fund serie
Accumulation unit
Fund size
629 Meur
Serie value (17.06.)
364,24 EUR
Monthly review
Download
Key Information Document
Download
Rules
Download
Sustainability data
Download
Prospectus
Download

Accumulated profit (16.06)

1mth 3mth 6mth 1 y 3 y p.a. 5 y p.a.
OP-Nordic Countries Index A +1,99 % +0,01 % −3,31 % −10,30 % +9,13 % +10,11 %
Benchmark +2,01 % −0,50 % −3,78 % −10,74 % +8,74 % +9,65 %

Yearly performance

2020 2021 2022 2023 2024 YTD
OP-Nordic Countries Index A +16,31 % +26,93 % −10,78 % +16,77 % −0,93 % +2,61 %
Benchmark +16,29 % +26,15 % −11,09 % +16,28 % −1,17 % +2,05 %

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Nordic Countries Index A 19,39 % - -
Benchmark index - - -

This is a marketing communication. OP Fund Management Company Ltd and OP Asset Management Ltd have prepared this material as background information. The information presented in the material is based on sources that the authors consider reliable. However, the authors cannot guarantee that the provided information or opinions are correct or complete. This material is not intended to provide, and cannot be regarded as, a comprehensive and complete description of the product and the risks involved. Although the material has been prepared with care, and the aim has been to ensure that all the presented information is accurate, the authors and their employees assume no responsibility for the content of the material, and no decisions or agreements should be made based on it.

This material does not include a binding offer or proposal to buy or subscribe for a fund unit, nor does the material or its content form a basis for any agreement or commitments.

OP’s mutual funds are managed by OP Fund Management Company Ltd, which is a fund management company and alternative investment fund manager licensed by the Finnish Financial Supervisory Authority. The portfolio manager of OP’s mutual funds 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 does not predict future returns. The potential future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. If the mutual fund is marketed outside Finland, OP Fund Management Company Ltd may decide to end such marketing. 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 mutual fund. Please refer to the fund’s Key Information Document, the fund prospectus and rules before making any final investment decision. The main risks associated with mutual funds can be found in the Key Information Document, and a more detailed list of risks in the fund prospectus. The Key Information Documents and rules for mutual funds are available from the Asset Manager and website. The fund prospectus and the summary of investors' rights in mutual funds are available on OP's website. The above materials are available in Finnish, Swedish and English. Copying, publishing or distributing this material to a third party in full or in part is not permitted without written permission from OP. By accepting this material, you agree to follow the instructions and restrictions above.

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