OP-Private Fixed Income Strategy

Invest in fixed-income markets with a moderate risk
1

Hassle-free asset management solution for our Private clients

OP-Private Fixed Income Strategy Fund suits investors seeking steady returns with a moderate risk.

2

Actively managed investment portfolio

OP-Private Fixed Income Strategy is an intermediate-term bond fund that invests in fixed-income products issued by public-sector entities and companies in Europe and the OECD countries.

3

Investments broadly diversified across various fixed-income markets

The Fund invests mainly through other funds, which ensures a broad and effective diversification across fixed-income asset classes and issuers.

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Hassle-free and comprehensive asset management

OP-Private Fixed Income Strategy is a special common fund that provides a hassle-free, comprehensive and actively managed asset management solution. The Fund’s portfolio manager monitors and evaluates market opportunities and makes the investment decisions.

The Fund invests in the European and OECD fixed income markets.

The Fund's interest-rate risk exposure may be a maximum of 10.0, measured by modified duration.

Skilled and responsible portfolio management

OP Asset Management is in charge of the Fund’s portfolio management. It has a long experience and solid expertise in a variety of investment products.

The investment professionals assess not only financial criteria but also the sustainability of investment products and as owners aim to further the sustainable business of the portfolio companies.

OP-Private Fixed Income Strategy

−7,73 %

year

(2)

Risk level
1

morningstar™
-

ESG
Online fees and charges
Subscription fee Annual management fee Redemption fee
0,00 % 0,75 % 0,50 %

The minimum subscription is 1,000,000 euros. Fund units generate OP bonuses. The fund pays the management and custody fees of the underlying fund unit investments.

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

OP-Private Fixed Income Strategy is a bond fund, with the funds mainly invested in bond markets in Europe and the OECD countries. The fund is a AIF fund based on the Alternative Investment Fund Managers Directive.

The Fund's investments are mostly implemented through other funds, which ensures a high degree of diversification across fixed-income asset classes and issuers. In its investment operations, the Fund may also use derivative instruments in order to hedge against the risk of adverse market movements, to replace direct investments and to promote otherwise effective portfolio management.

The portfolio manager will decide whether or not to hedge the Fund's non-euro investments against currency risks.

The modified duration of the Fund, a measure of the price sensitivity of a bond to interest rate movements, typically fits in the range of 4.5-6.5, which means a negative value change in the fund as a percentage, if interest rates increase by one percentage point. If interest rates fall, the Fund’s value increases correspondingly.

The fund is an active fixed-income asset management fund that seeks good yields with moderate risk in all market conditions. The Fund’s investments will be changed depending on market conditions. The investment decisions particularly emphasise weightings between fixed income asset classes (e.g. moneymarket instruments, government bonds, corporate bonds with higher and lower credit ratings, convertible bonds), and adjustment of the Fund’s interest rate risk. The Fund is a special common fund as referred to in the Act on Common Funds, since it may make investments that are not allowed for mutual funds under the UCITS directive.

More details Basic data, performance and fact figures

Basic data

Fund manager
Harri Kojonen,Lauri Tynys
Benchmark index
Composite benchmark, see the fund Prospectus for details
Start date
12.05.2015
ISIN
FI4000120639
fund serie
Accumulation unit
Fund size
28 Meur
Serie value (23.03.)
97,83 EUR
Monthly review
Download
Key Information Document
Download
Rules
Download

Accumulated profit (23.03)

1mth 3mth 6mth 1 y 3 y p.a. 5 y p.a.
OP-Private Fixed Income Strategy +0,93 % +1,54 % +2,12 % −7,73 % −1,31 % −1,95 %
Benchmark +0,84 % +1,70 % +2,03 % −8,31 % −1,29 % −1,07 %

Yearly performance

2018 2019 2020 2021 2022 YTD
OP-Private Fixed Income Strategy −3,28 % +5,30 % +1,30 % −1,19 % −14,38 % +2,20 %
Benchmark −1,25 % +7,06 % +3,68 % −1,18 % −15,02 % +2,42 %

Key figures

Volatility 12 m vola 12m Sharpe 12 m Duration
OP-Private Fixed Income Strategy 5,92 % - -
Benchmark index - - -
Owner-customers’ saving and investing benefits

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 0.25% OP bonuses a year from mutual fund and insurance assets.** In 2023, you also earn 30% more OP bonuses. 
  • 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: €2.40/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.  

The fund's other unit classes

 

The funds are managed by OP Fund Management Company Ltd