OP-Sustainable Wellbeing fund

OP-Sustainable Wellbeing is an equity fund which invests broadly in the global stock market. It may invest in both developed and emerging markets, with a typical focus on the USA and Europe.

The fund's investment operations pay attention to the principles of sustainable development, placing a particular emphasis on social themes. The fund prioritises investments in companies that support sustainable wellbeing for people and societies, while also accounting for the environmental impact of the investments’ business operations. The main themes of the fund are wellbeing and equality. The fund typically invests in companies that develop health and wellbeing services, solutions related to the availability of education and financing services, the energy system and the circular economy, new traffic solutions and traffic safety, the availability of apartments, improved nutrition, and sustainable agriculture, for example. The fund may also invest in companies with an exemplary employer role in terms of social questions.

The fund will primarily invest directly in stocks. The fund may use derivative instruments to hedge against market movements, to replace direct investments and to otherwise promote effective portfolio management.

The fund diversifies its equity investments, held broadly among a variety of companies. The fund typically invests in equities of about 50–80 companies although this number may vary depending on the portfolio manager’s view.

The fund’s equity market exposure may vary between 75% and 105% of the Fund’s value. Equity exposure typically varies between 90% and 100%.

The Fund's benchmark index is the MSCI ACWI ESG Screened Index. With active investing, the fund seeks to outperform its benchmark index in the long term. The fund mainly takes notable active risk and it may differ significantly from the composition, weights and risk level of the benchmark index.

The Fund's goal is to make sustainable investments. The Fund invests in sectors that have a significant positive impact on sustainable social wellbeing. The Fund typically invests in companies that develop health and wellbeing services, solutions related to the availability of education, financing and digital services, the circular economy, sustainable traffic and infrastructure solutions, the availability of apartments, improved nutrition, and sustainable agriculture, for example. Companies that are in line with the Fund's sustainable investment goals also include companies which are exemplary employers in terms of selected social questions, such as companies listed as the best places to work in global comparisons, and which otherwise pass OP's sustainable investment analysis.

Those investment options whose business promotes one or more UN Sustainable Development Goals (SDG) without harming other sustainable factors or goals are considered sustainable investments. Sustainable investments are determined using OP Asset Management’s analysis model based on SDG and EU Taxonomy alignment data and green revenues data by external service providers, among other sources. The analysis model used by OP Asset Management is also supplemented by manual analysis used to identify the best-in-class social impact of companies.

Principal adverse impacts (PAI) on sustainability are regularly analysed by screening all investments for their PAI indicators. If the screening reveals investee companies with significant principal adverse impacts on sustainability in comparison to peers and if the said PAI indicator is deemed essential for the investee company, the investee company will be monitored more closely and excluded, if necessary. Also, a process to influence the company’s behaviour can be started.

OP Asset Management uses several data sources from different service providers.  Primary data sources are MSCI ESG Research and S&P Trucost, which provide information on topics such as the sustainability risks of investee companies, share of business operations with adverse impacts, climate risks and opportunities, and how the operations of investee companies align with UN Sustainable Development Goals. The service providers use both data reported by companies and estimates based on an assessment model developed by each service provider.

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

Your benefits when investing in funds:

• Buy and sell almost all OP mutual funds with no fees.*
• You earn 0.35% OP bonuses from mutual fund and insurance assets.** 

Your benefits when investing through insurance: 

• Begin saving through insurance free of charge. 
• You will earn 0.35% of OP bonuses from funds linked to insurance assets.***
• Switch between investments, invest additional funds and change your payment and investment plan for OP Unit-linked Insurance and OP Capital Redemption Contract free of charge in our digital services.  

**OP bonuses are used to pay the bank’s service charges and insurance premiums.

***You earn OP bonuses from unit-linked insurance policies, excluding individual unit-linked insurance policies and Individual Capital Redemption Contracts. The principles of contribution towards OP bonuses from funds linked to insurance assets will be harmonised with direct investments. As of 1 January 2025, the following funds linked to insurance assets will no longer contribute towards OP bonuses: third-party funds such as JP Morgan funds, structured loans and institutional class funds such as OP-World III A.

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:

Income unit generating annual cash flow, suitable for foundations

Rules (pdf)

Key information Dokument (pdf)

Monthly review (pdf)

Accumulation unit suitable for institutional investors III A

Rules (pdf)

Key information Dokument (pdf)

Monthly review (pdf)