OP-Rental Yield Fund

WHAT'S NEW

We will suspend orders for real estate funds

On 31 December 2024, the Board of Directors of OP Fund Management Company Ltd decided to temporarily suspend fund unit redemptions and subscriptions for OP-Rental Yield special common fund.
The suspension is temporary, and we are closely monitoring the market situation. We aim to reopen the funds for subscriptions and redemptions as soon as the real estate market stabilises.
For additional information on the temporary suspension of the fund, read the news:We will temporarily suspend subscriptions and redemptions for real estate funds

The fund provides high-quality residential property investments with good rental yield

Despite the temporary suspension of subscriptions and redemptions for the fund, professional portfolio management for the fund will continue in a normal way.

Founded in 2013, OP-Rental Yield special common fund has grown into Finland's largest fund that invests its assets mainly in apartments. The fund portfolio includes approximately 5,400 directly owned apartments and 21 commercial properties.
The fund has acted as developer for most of its residential properties. The fund's property portfolio is of high quality, modern, energy efficient and excellently located. About half of the fund's property portfolio is located in the Helsinki Metropolitan Area and the other half in other university cities and growth centres.

The occupancy rate of apartments owned by the fund is approximately 98%, clearly exceeding the market average. Occupancy rate describes the percentage of apartments in specific properties currently rented and occupied, in relation to all apartments in the said properties. The payment capacity of tenants in the properties has also remained good.

Overall, the rental cash flows of the fund have remained stable and suffice well for covering the properties' management, maintenance and repair costs and the funds' interest expenses. In other words, the operational functionality of the fund properties is excellent.

The fund annually pays unitholders a dividend

The fund annually pays unitholders a dividend:

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
euro	1,23	1,22	1,53	2,09	2,56	3,50	3,03	2,47	3,89	2,01	1,29	-
%	1,19	1,10	1,30	1,74	2,08	2,74	2,33	1,91	2,91	1,53	1,05	-

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-Rental Yield Income unit

Portfolio manager's review

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

More details Basic data, performance and fact figures

Basic data

Fund manager: OP Real Estate Asset Management Ltd
Benchmark index: No benchmark index
Start date: 25.04.2013
ISIN: FI4000060934
fund serie: Income unit
Fund size: 992 Meur
Serie value (31.03.): 110,13 EUR
Monthly review: Download
Key Information Document: Download
Rules: Download
Sustainability data: Download
Prospectus: Download

Accumulated profit (31.03)

	1mth	3mth	6mth	1 y	3 y p.a.	5 y p.a.
OP-Rental Yield B	-	+0,35 %	−3,23 %	−7,61 %	−4,83 %	−1,38 %
Benchmark	-	-	-	-	-	-

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-Rental Yield B	+2,12 %	+5,22 %	+1,45 %	−5,41 %	−9,57 %	+0,35 %
Benchmark	-	-	-	-	-	-

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-Rental Yield B	7,44 %	-	-
Benchmark index	-	-	-

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This is a marketing communication. OP Fund Management Company Ltd and OP Real Estate 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 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 fund’s portfolio manager is OP Real Estate Asset Management Ltd, which is an alternative investment fund manager licensed by the Finnish Financial Supervisory Authority]. 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. Before making an investment decision, take all the characteristics or objectives of the special common fund into consideration, as described in the fund prospectus for OP funds and other documents related to the special common fund. Please refer to the special common fund’s Key Information Document, the fund prospectus and rules before making any final investment decision. The main risks associated with special common 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 special common funds are available from the Asset Manager and website. The fund prospectus is available on the 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 above instructions and restrictions.

This material is a translation. If there are any discrepancies between the translation and the original Finnish material, the Finnish material shall prevail.