OP-Brave

An active portfolio manager making brave, not foolhardy investments

  • Better return through investing in the fund

    Offering a solution for long-term savings, OP-Brave Fund is suitable for an investor who seeks high yields but is not afraid of temporary value fluctuations.

  • A fund for investment with a long-term horizon

    OP-Brave Fund is suitable, for example, for saving money for retirement or bigger purchases.

  • Take advantage of owner-customer benefits

    As our owner-customer, you can buy, sell and switch OP-Brave Fund units at no charge.  

A fund for stock investors

Most of the assets of OP-Brave Fund are invested in the stock market, while a smaller portion goes to the bond market. This pushes the fund's risk level lower than for an equity fund. The comprehensive diversification, both geographically as well as into bond and stock markets, make OP-Brave Fund an attractive alternative for those who do not want to actively monitor movements in the capital markets. When putting your money into OP-Brave, you can trust that professional portfolio managers follow constantly the markets and take the necessary measures, letting you focus on other things.

Even a small investment amount will result to wide diversification of the investment in a cost-efficient manner.

A fund for profit-seeking and patient investors

OP-Brave Fund has high expected yield because it has higher equity weighting than the rest of our Saver's funds. This brings about higher exposure to market fluctuations than for funds emphasising fixed income. When investing in OP-Brave Fund, you need to be ready to tolerate moments when the value of your fund units is going down. What you need to understand is that, in long-term investment, the time to cash in your fund units will come at another, more favourable moment. Fund is best suited to a passive investor who intends to redeem his/her units after six years at the earliest. For short-term investing, we recommend funds with a more stable performance.

 
Subscription fee Annual management fee Redemption fee
0,00 % 1,45 % 0,50 %

No subscription fee will be charged for fund subscriptions. Fund units generate OP bonuses.

OP-Brave is a balanced fund investing its assets primarily in the global equity markets and partly in the global fixed-income markets. In the base scenario, the fund invests 80% of its assets in equity markets and 20% in the fixed-income markets. The proportion of equity investments may range between 70–100% and fixed-income investments between 0–30%. The fund's investments are primarily made through other investment funds. The fund may use derivatives instruments in its investment activities to hedge against market fluctuations, to replace direct investments and to otherwise promote efficient portfolio management. Primarily derivatives are used in equity and interest-rate risk management. The Fund diversifies its investments on a broad basis among various companies and bonds, since the investments are mainly implemented using 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 “do no significant harm” principle applies only to those investments underlying the fund that take into account the EU criteria for environmentally sustainable economic activities. The investments underlying the remaining portion of this fund do not take into account the EU criteria for environmentally sustainable economic activities.

The Fund’s benchmark index is a combination of several indexes. The composition of the benchmark index is described in the fund prospectus. 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.

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

Read more about fund’s responsibility on the fund’s Finnish pages.

More details Basic data, performance and fact figures

Basic data

Fund manager
Ville Pekkala
Benchmark index
Composite benchmark, see the fund Prospectus for details.
Start date
15.02.1989
ISIN
FI0008802376
fund serie
Accumulation unit
Fund size
771 Meur
Serie value (27.03.)
131,82 EUR
Monthly review
Download
Key Information Document
Download
Rules
Download
Sustainability data
Download

Accumulated profit (27.03)

1mth 3mth 6mth 1 y 3 y p.a. 5 y p.a.
OP-Brave A +2,76 % +8,16 % +14,21 % +17,83 % +5,24 % +7,07 %
Benchmark +2,86 % +8,71 % +15,95 % +22,32 % +7,87 % +9,97 %

Yearly performance

2019 2020 2021 2022 2023 YTD
OP-Brave A +20,14 % +3,67 % +18,55 % −12,73 % +11,46 % +7,73 %
Benchmark +23,00 % +8,06 % +20,66 % −11,87 % +16,05 % +8,37 %

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Brave A 6,71 % - -
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.  

This is an advertisement. Remember that investment always involves risks. The value of investments can rise and fall, and an investor can lose part or all of the money they invest. OP funds are managed by OP Fund Management Company Ltd, with OP cooperative bank acting as its agent. Normal transaction costs 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 special common funds.