OP-Finland Small Firm (Fund) is an equity fund which mainly invests its assets in equities of listed SMEs in the Finnish equity market. The Fund may also invest a maximum of a quarter of its value in the equities of small and mid-cap companies in the rest of the Western European equity market.
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.
The Fund’s benchmark is Carnegie Small CXS Return Finland (EUR). 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.
In its investment decisions, the Fund focuses on the portfolio manager’s view of individual companies, weightings between different sectors and between value and growth shares.