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OP-Clean Water

Invest in the sufficiency of clean water

OP-Clean Water invests in companies that secure the sufficiency of clean water in the future

The volume of potable water reduces continuously as a consequence of pollution, groundwater depletion and climate change. At the same time, population growth and rising living standards increase water consumption everywhere. According to the UN and World Bank estimates, 2.5 billion people live in areas suffering from shortage of water, and by 2050 up to half of the world’s population will suffer from water shortage. Clean water is needed, in addition to households, in many industries, such as food production and the pharmaceutical industry. Solutions to water issues lie in innovations related to consumption, distribution, purification and production.

OP-Clean Water invests in water industry companies whose business is significantly related to securing the sufficiency of water also in the future. This especially means companies focused on supplying water management infrastructure or developing water technology, as well as conglomerates that are market leaders in some water industry sub-sector. The companies invested in will be at an advantage when the price of clean water rises and demand for water expertise grows. 

Why does it pay to invest in OP-Clean Water?

  • You invest in companies that are part of solving the global water crisis.
  • By investing in this fund, you direct funding to companies whose products improve access to clean water.
  • This fund enables global diversification of your portfolio and taking growth and value companies into consideration. It is suited to investors seeking high returns.

The OP-Clean Water fund is primarily recommended to investors who intend to redeem their units after nine years at the earliest. As our owner-customer, you can buy, sell and switch OP-Clean Water fund units at no charge.

Subscription fee

Annual management fee

Redemption fee

0,00 % 1,80 % 0,75 %

Fund units generate OP bonuses.

We cannot live without water, nor can we substitute it with something. Although water is not an exhaustible natural resource, only less than 1% of the world's water resources can be exploited by humans. In addition, the volume of fresh water reduces continuously as a consequence of pollution, groundwater depletion and climate change. At the same time, population growth and rising living standards increase water consumption everywhere. In the US, for example, the need for clean water has tripled in 30 years although the country's population has only doubled in the same period. In China, shortage of clean water is already a problem in two thirds of the country's cities and their strong growth only aggravates the water stress. Indeed, water has become a challenge everywhere. Advanced economies pour money on modernisation of their deteriorating water infrastructure. In developing economies, investments focus on building functioning water supply and curbing pollution. Enormous investments will be required to ensure water supply already in the coming years.

Solutions to water problems lie in innovations related to consumption, distribution and purification. Companies which succeed in making the availability and distribution of clean water more efficient will be at the cutting edge. For an investor, the equation is simple. The price of clean water will rise. Demand for water expertise will grow. Since water problems are global, clean water investment quite naturally offers geographical diversification for the investment portfolio, while the industry's versatile corporate structure enables investing in both growth and value companies.

OP-Clean Water is suitable for responsible investors seeking return for their money and wishing to contribute to solving problems related to clean water sufficiency. Because the fund invests its assets on the stock market, its value can fluctuate markedly depending on the market situation and, investing in accordance with the water theme, these stocks' value performance may deviate considerably from the general stock market performance. For stock investments outside the euro area, the fund is also exposed to currency risk. This fund is mainly recommended to an investor who intends to redeem his/her units after nine years at the earliest.

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

OP-Clean Water (Fund) is an equity fund which invests its assets in the global equity market. Investments may be made both in developed and emerging equity markets.

The Fund’s assets are invested in companies operating sustainably in the water resource management sector. This especially means companies involved in supplying water management infrastructure or developing water technology, as well as conglomerates that are market leaders in some the water resource sub-sector. The water resource sector contains a variety of growth and value-stock companies, and the Fund seeks to manage the portfolio’s risk level according to the market
conditions by varying the sector weightings.

The Fund's benchmark is the S&P Gb Water USD NTR. 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 invests its assets broadly in the global equity markets. Investments may be made both in developed and emerging equity markets.

Sustainable investments: the Fund invests in water industry companies whose business is in large part related to securing the water resources also in the future. This especially means companies focused on supplying water management infrastructure or developing water technology, as well as conglomerates that are market leaders in some water industry sub-sector.  Investee companies are screened using OP Asset Management’s analysis model, which is based on an external service provider’s SDG and sustainability data. Companies whose business promotes one or more UN Sustainable Development Goals (SDG) without harming other sustainable factors or goals are considered sustainable 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 excluded companies 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 or other fossil fuels (50% of revenue or more).

Violations of international standards: The Fund is screened regularly for non-compliances with international standards. If the company does not pass the screening, an engagement process is initiated with the company. The aim is to make non-compliant companies change their practices and begin to comply with international standards in their operations. If engagement does not bring results, the company may be removed from the Fund portfolio and placed on the exclusion list.

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.

Methods for 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 company’s administrative organisation,  actions in relation to its personnel, and company’s reward 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
Kristiina Vares-Wartiovaara,Jukka Ukkonen
Benchmark index
S&P Gb Water USD NTR
Start date
14.11.2012
ISIN
FI4000048442
fund serie
Accumulation unit
Fund size
301 Meur
Serie value (19.06.)
326,35 EUR
Monthly review
Download
Key Information Document
Download
Rules
Download
Sustainability data
Download

Accumulated profit (19.06)

1mth 3mth 6mth 1 y 3 y p.a. 5 y p.a.
OP-Clean Water A −1,12 % +3,48 % +18,00 % +26,84 % +10,75 % +11,88 %
Benchmark −4,15 % +4,68 % +9,88 % +12,49 % +7,70 % +11,64 %

Yearly performance

2019 2020 2021 2022 2023 YTD
OP-Clean Water A +32,94 % +5,16 % +37,89 % −18,01 % +16,70 % +16,35 %
Benchmark +36,32 % +6,53 % +41,83 % −16,33 % +10,93 % +9,61 %

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Clean Water A 12,25 % - -
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. The funds are managed by OP Fund Management Company Ltd. The portfolio manager is the portfolio management company specified in the fund prospectus for OP funds. 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 is no guarantee of potential future yield. The larger the fund’s expenses, the greater the impact on the expected return on the investment. Any yield also depends on taxation, which in turn varies depending on the investor’s personal circumstances and is subject to future changes. If the fund is marketed outside Finland, OP Fund Management Company Ltd may decide to end such marketing. The information presented on this page does not fully describe all the fund’s characteristics.

Before making an investment decision, take all the characteristics or objectives of the fund into consideration, as described in the fund prospectus for OP funds and other documents related to the fund. Only make your final investment decision after reading the fund prospectus for OP funds and the key investor information document and rules of the fund. These documents can be found on the web page of the respective fund. The fund prospectus and the summary of investors’ rights in mutual funds are available at op.fi in Finnish, Swedish and English.