OP-Tavoite 3 -sijoitusrahasto

OP-Target 3 fund

Responsible investment worldwide.

Invest responsibly in international markets

The fund invests responsibly in international equity and fixed income markets with a focus on fixed income investments. You can start target-oriented saving with €10 per month!


A demonstrably effective investment strategy.

Thanks to a demonstrably effective investment strategy, the weight of equities can be considered to be higher than usual and can thus be expected to yield better returns in relation to the risk taken.


Try a digital investment advisor to support your investing.

You can buy funds on OP-mobile with the help of the digital investment advisor OP Investment Partner. The service will help you make goal-oriented investments from start to finish.

OP-Target 3 fund

The OP-Target 3 fund is an actively managed balanced fund that makes direct investments in international equity markets. There is no precise definition of the weighting of the investments in equity and bond markets. Rather, the weight of equities is determined by a preset risk level range.

By making long-term investments in international equity and bond markets, you will diversify the risk efficiently. The value of fund units can rise and fall according to the development of equity and bond markets. The recommended investment horizon is at least four years.

Buy fund units through OP Investment Partner

You’ll find your new digital investment advisor OP Investment Partner conveniently on OP-mobile. With the free-of-charge service, you can start goal-oriented investing in three different responsible investment funds. Try OP Investment Partner and set an investment goal and the service will provide comprehensive assistance in making investments and achieving your goal.

The funds emphasise responsibility

All the three OP Investment Partner funds follow the principles for responsible investment. What this means is that the fund includes companies that consider risks and opportunities related to the environment, social sustainability, and good governance better than their peers. Harmful and controversial sectors such as alcohol, tobacco, gambling, weapons, adult entertainment and nuclear energy have been blacklisted from the funds. Neither do the funds invest in companies that are involved with child labour or corruption.



Additional information on the funds in OP Investment Partner:

OP-Tavoite 2 -sijoitusrahasto
OP-Target 2 fund
Responsible investment worldwide.
OP Sijoituskumppani
OP Investment Partner

An OP-mobile service that helps you to invest and gives investment advice just for your needs.

OP-Tavoite 4 -sijoitusrahasto
OP-Target 4 fund
Responsible investment worldwide.
All funds
Look through our extensive range of mutual funds and select the fund that best suits your investment target.
Subscription fee Annual management fee Redemption fee
0,00 % 0,79 % 0,00 %

Fund units generate OP bonuses.

Read the portfolio manager's review on the fund's Finnish pages.

The funds follow an effective investment strategy, thanks to which the equity weights of the funds available on OP Investment Partner can be kept higher than in typical funds in a similar risk category. 

The effective investment strategy is based on an investment approach proven through academic research where diversifying investments in low-risk stocks can yield better returns in relation to the risk taken than in market indices.  

OP’s portfolio managers monitor the funds’ risk levels and, if needed, adjust the risk level to match with the long-term target level. The funds offer the best possible expected return with managed risk. 

The OP-Target 3 fund is an actively managed balanced fund which mainly invests its assets in global stock and fixed income markets. The Fund may also invest in the units of other mutual funds. The Fund promotes environmental and social characteristics and, to ensure it, uses environmental, social and governance (ESG) analysis and excludes certain investments. For more information about the ESG methods used, see the fund prospectus.

The principle of ‘do no significant harm’ is only applied to those investments included in the fund which integrate the EU’s criteria for environmentally sustainable economic activities. Said criteria is not integrated by other investments included in this fund.

The Fund’s investment policy regarding stock and fixed income investments is determined by a preset range of volatility (risk level). The historical volatility of the Fund’s investments is continuously monitored. Changes in volatility may lead to changes in the Fund’s investment allocation between stocks and fixed income investments. This Fund’s target volatility range is 5-12–5%.

The Fund promotes environmental and social characteristics and, to ensure it, uses environmental, social and governance (ESG) analysis and excludes certain investments. 

Exclusion: The Fund excludes from its active direct investments controversial weapon manufacturers, mining companies producing thermal coal, power companies using thermal coal, tobacco companies, and companies that have breached international standards and where engagement has been unsuccessful.  The list of exclusions is public. In addition to general exclusion rules, the Fund does not invest in companies whose principal business is in unconventional oil and gas extraction, alcohol, gambling, weapons, adult entertainment or nuclear power.

Use of ESG data in the analysis of investments: the Fund uses the best-in-class method based on an ESG rating by a third-party service provider. Only companies that are among the best in their sector in terms of ESG issues are selected for inclusion in the Fund. 

Violations of international standards: The Fund is screened regularly for non-compliances with international standards. In the event that a non-compliance is detected, an influencing process is begun with the company in question. The aim is to make non-compliant companies change their practices and begin to comply with international standards in their operations. If influencing proves fruitless, the company may be removed from the Fund portfolio and placed on the exclusion list.

Minimum share of sustainable investments: In accordance with the minimum amount stated below, the Fund allocates investments into companies whose business promotes one or more UN Sustainable Development Goals (SDG) without harming other sustainability factors or objectives. Sustainable investments are determined using OP Asset Management’s analysis model which is based on an external service provider’s SDG and sustainability data. 

Shareholders’ meetings: The Fund votes in shareholders’ meetings through a service provider in line with OP Fund Management Company Ltd’s shareholder engagement principles that take responsibility aspects into account.

Assessing good governance practices: Analysing the target company’s governance is an important part of the investment process. To us, good governance is a key foundation for any company’s financial success, regardless of sector. When assessing governance, some of the areas considered include the appropriateness of the target company’s administrative organisation, the target company’s actions in relation to its personnel, and the target company’s rewarding and taxation practices. In assessing good governance, we use an external service provider’s analysis and our own qualitative analysis if no external data is available. We screen the funds regularly to check them against the criteria of good governance. Minimum limits apply for these criteria.

More details Basic data, performance and fact figures

Basic data

Fund manager
Pekka Åberg, Ville Pekkala, Juha Asikainen
Benchmark index
Composite benchmark, see the fund Prospectus for details
Start date
fund serie
Accumulation unit
Fund size
3 Meur
Serie value (18.07.)
128,58 EUR
Monthly review
Key Information Document
Sustainability data

Accumulated profit (17.07)

1mth 3mth 6mth 1 y 3 y p.a. 5 y p.a.
OP-Target 3 A +0,99 % +4,36 % +6,76 % +11,27 % +3,20 % -
Benchmark +0,94 % +4,80 % +9,71 % +16,38 % +4,89 % -

Yearly performance

2019 2020 2021 2022 2023 YTD
OP-Target 3 A - +7,09 % +15,67 % −9,30 % +6,89 % +7,07 %
Benchmark - +12,10 % +15,75 % −12,81 % +14,51 % +8,99 %

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Target 3 A 5,01 % - -
Benchmark index - - -

As our owner-customer, saving and investing is especially worthwhile thanks to the excellent benefits you receive.

Your benefits when investing in funds or through insurance:

  • Buy and sell almost all OP mutual funds with no fees.*
  • You earn 0.35% OP bonuses from mutual fund and insurance assets.** 
  • Begin saving through insurance free of charge. 
  • Switch between investments, invest additional funds and change your payment and investment plan for OP Unit-linked Insurance and OP Savings Agreement free of charge in our digital services.  

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:

*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.

**OP bonuses are automatically used to pay the bank’s service charges and insurance premiums. No OP bonuses are accrued from the R2 Crystal special common fund or institutional classes of funds. The following investment products linked to insurance assets do not accrue OP bonuses: JPM Russia A, JPM Emerging Europe Equity Fund, and BlackRock GF Emerging Europe Fund A. OP bonuses are accrued from unit-linked insurance policies, excluding Individual Unit-linked Insurance and Individual Capital Redemption Contracts.  



OP funds are managed by OP Fund Management Company Ltd, with OP cooperative bank acting as its agent.