Assess your appetite for returns and risk
Risk and return go hand in hand in mutual fund investing. The more you want to earn returns, the more you’ll have to take risk. If you don’t have any spare cash, before you start investing in a mutual fund, you should first think of growing a nest egg.
How long do you plan to keep your money invested?
Patience pays off in mutual fund investing. The longer your investment horizon is, the more you benefit from the compound interest effect. This means that market fluctuations affect your investments less. If your investment horizon is short, it pays to choose a low-risk fund. If the investment horizon is long, more risk can be taken.
Diversification pays off
Diversifying investments is a way to reduce risk without a lower expected return. Through diversification, you ensure that not all your eggs are in one basket. It pays to consider diversification at least in terms of geography and time. Monthly investment is an easy way to diversify in terms of time.
What sum should I invest?
A good rule of thumb is to invest 5% of your net earnings every month. If monthly investing is not an option for you, you can also make one-off investments in mutual funds. Our funds have no minimum subscription amount, so you can start mutual fund investing, say, at ten euros a month.
Starting and stopping investing in mutual funds is easy
You can change your investment amount, put your mutual fund investing on hold or switch to another fund. You can also redeem your fund units. The money will be transferred to your account within 1–2 banking days.
Investing in mutual funds brings OP bonuses
You will earn OP bonuses on 0.25% of the value of your mutual fund holdings per year. Private customers who are owner-customers of an OP cooperative bank earn bonuses. No OP bonuses will accrue from the R2 Crystal Fund nor from institutional series of funds.
Benefit for owner-customers from saving through insurance
We offer our owner-customers two different products for saving through insurance: OP Unit-linked Insurance and OP Savings Agreement. You can also switch between investment products such as mutual funds free of charge at op.fi and on OP-mobile. Transferring the funds under the insurance is free of charge and you will also earn OP bonuses from your insurance assets.