OP-Finland

Invest in Finnish companies

Most tempting Finnish firms

OP-Finland is an equity fund which invests its assets mainly in the equities of companies in the Finnish equity market whose return potential consists of dividends and value performance.

Investments are diversified across 30–50 Finnish companies which, with regard to their potential, are inexpensive in terms of market capitalisation, structural winners or attractive dividend payers. You can see the biggest investees in the fund's monthly report found in Documents and additional information on this page.

Portfolio manager knows the Finnish market

When investing in Finnish equities, the investor can securely rely on OP Wealth Management's long-standing experience in investing the Finnish equity market. The fund's portfolio manager ensures that the portfolio contains the most interesting Finnish companies with the most attractive return potential.

Finnish listed companies are usually likely to pay handsome dividends, and a long-term fund investor will not pay taxes on them until profits are cashed in. Through a diversified fund, your are highly likely to own shares in some of the highest risers on each trading day.

Subscription fee

Annual management fee

Redemption fee

0,00 % 1,60 % 0,75 %

Agreements under a systematic investment plan are not subject to subscription fees. Fund units generate OP bonuses.

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

OP-Finland is an equity fund which invests its assets mainly in the equities of companies in the Finnish equity market whose return potential consists of dividends and value performance. With regard to their potential, the investment vehicles are inexpensive in terms of valuation, structural winners and/or pay attractive dividends.

The Fund mainly invests directly in equities. The Fund may use derivative instruments in order to hedge against adverse market movements, to replace direct investments and to otherwise promote effective portfolio management.

The Fund diversifies its equity investments across various companies. The Fund typically invests in equities of about 30–50 companies but this number may vary depending on the portfolio manager’s view.

Since the Fund may also concentrate its investments on a sector-specific basis, the success of the sectors in question may have an effect on the Fund's value performance.

The Fund’s benchmark index is OMX Helsinki Benchmark Cap. 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 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.

Use of ESG data in the investment analysis: ESG factors are considered in the investment process with the help of data by an external ESG service provider and the ESG tool developed internally by OP Asset Management. Considering ESG factors in the investment process means, for example, that the risks and opportunities related to the environment, society and governance are made transparent using selected indicators from each area.  

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
Teemu Salonen
Benchmark index
OMX Helsinki Benchmark Cap
Start date
06.06.1994
ISIN
FI0008800206
fund serie
Accumulation unit
Fund size
747 Meur
Serie value (27.03.)
391,00 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-Finland A +1,26 % −2,46 % +6,47 % −2,40 % −2,30 % +5,20 %
Benchmark +1,69 % +0,17 % +9,68 % +1,87 % −0,35 % +5,42 %

Yearly performance

2019 2020 2021 2022 2023 YTD
OP-Finland A +23,09 % +14,29 % +23,35 % −14,04 % −3,07 % −1,49 %
Benchmark +20,64 % +12,33 % +24,09 % −13,58 % −0,29 % +0,94 %

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Finland A 12,97 % - -
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.