OP-Rental YieldA fund that enables you to easily become a residential property investor
Easy residential property investment
Through the residential property fund, you can be a residential property investor without the trouble and large amount of initial capital that an owner-occupied apartment involves.
Steady return from a residential property fund
Rental apartments offer steady return based on rental income and are therefore less vulnerable to market movements.
Higher return potential and diversification benefits
Renting and construction contracting of apartments and office premises offer higher return potential than what a mere residential property investment offers.
A residential property fund enables you to invest in housing units and real property
OP-Rental Yield is a non-UCITS fund that enables you to diversify your investments in housing units, real property and their construction. The fund's investments focus on growth centres and attractive areas.
By investing in OP-Rental Yield, you will enjoy the benefits of residential property investment without the trouble caused by managing the property or tenancy.
The fund seeks stable and steady return. OP-Rental Yield primarily aims to earn a rental yield on apartments it owns. In addition, the fund may acquire business premises and earn additional income by leasing them.
Why it pays to invest in OP-Rental Yield?
- No previous experience in residential property investment is required.
- Enables a steady return that is not dependent on stock markets.
- Through the residential property fund, your investment is immediately diversified in hundreds of housing units and real property.
- An effortless and easy way to invest in residential property.
OP-Rental Yield is a fund for investors with a long-term approach
OP-Rental Yield suits investors with a long-term approach, who seeks a stable and steady return on their investments. The fund focuses its investments on residential property and real property markets. For this reason, the general value performance in property markets and the performance of rental income have a significant effect on seeking returns and the value of the returns.
The fund annually pays unitholders a dividend that equals 75% of the realised net profit. Annual dividend has been paid as follows: €1.23 (2014), €1.22 (2015), €1.53 (2016), €2.09 (2017), €2.56 (2018), €3.50 (2019), €3.03 (2020) €2.47 (2021), €3.89 (2022), €1,53 (2023).
Considering that investing in residential property is a long-term investment, it therefore pays to engage oneself in the residential property fund for a longer time. OP-Rental Yield suits investors who intend to redeem their units after four years at the earliest. The fund is a splendid choice for those dreaming of residential property investment but not ready to spend a large amount of initial capital on purchasing a buy-to-let home. Now you can become a residential property investor even with a small amount – OP-Rental Yield Fund has no minimum subscription.
Special common funds OP-Rental Yield, OP-Public Services Real Estate and OP-Forest Owner
You can make buy and sell orders anytime, but buy orders will be executed four times a year and sell orders twice a year.
When you place a buy order, it will be executed on the last day of the same quarter at that day’s value. Buy orders will be executed on 31 March, 30 June, 30 September and 31 December.
Example: if you place a buy order by 16.00 on 31 March, it will be executed on 31 March.
|Buy order||Execution date|
|1 January–31 March||31 March|
|1 April–30 June||30 June|
|1 July–30 September||30 September|
|1 October–31 December||31 December|
When you place a sell order, it will be executed on the last day of the next six-month period at that day’s value. Sell orders will be executed on 30 June and 31 December.
Example: if you place a sell order by 16.00 on 30 June, it will be executed on 31 December.
If the order execution date is not a weekday, the order will be executed on the previous weekday. After this, the fund is valued. Valuation generally takes 20 days, after which you can view your executed buy and sell transactions in your portfolio. Valuation may take longer if the fund’s assets need to be realised to pay for redemptions.
|Sell order||Execution date|
|1 January–30 June||31 December|
|1 July–31 December||30 June|
|Subscription fee||Annual management fee||Redemption fee|
|2,00 %||1,90 %||1,00 %|
If the investment is held for less than four years, the redemption fee is 3%. For investments held less than two years, the redemption fee is 5%. Subscription and redemption fees are refunded to the Fund. The Fund's value is calculated four times a year, and those personal customers who are also our owner-customers earn OP bonuses on the Fund units.
Fund’s available apartments
OP-Rental Yield fund’s portfolio is managed by OP Property Management. The fund’s available apartments are shown on the Kodisto page. For the properties shown, real estate funds managed by OP Property Management or OP's insurance and pension institutions act as lessors.
OP-Rental Yield fund mainly invests its assets in apartments, commercial premises and residential construction contracting. The fund is a AIF fund based on the Alternative Investment Fund Managers Directive.
The fund’s investments are mainly made in rental apartments which typically account for some half of the fund’s portfolio. In addition, the fund invests a maximum of a fifth of its gross assets in residential construction contracting. These investments are made either directly to OP-Rental Yield’s own construction contracting or indirectly in shares in limited partnerships engaged in building and renting homes. The fund also invests in commercial premises, such as business and office premises.
Developments in prices and rental income in the Finnish property market contribute considerably to the fund’s return and value. Fund investments typically focus on real property in growth poles and other regions considered the most attractive by the portfolio management.
The fund management company may, for the account of the fund and for the purpose of the fund’s investment operations and asset management, borrow an amount that accounts for a maximum of half (½) of the fund’s total assets. For a special
reason, the fund management company may borrow an amount accounting for a maximum of one-third (⅓) of the fund’s net assets for a temporary purpose. The fund may pledge its assets in security for its loans.
The Fund promotes environmental and social characteristics by supporting sustainable urbanisation in the form of infill development and by favouring energy efficient solutions. In selecting investments, we place emphasis on locations that enable access to services on foot or by bicycle or public transport. The Fund enables the construction of new, healthy homes and a high-quality alternative to home ownership.
The sustainability indicators monitored include the average energy class of properties, the use of renewable energy in properties, the number of homes built in the properties invested in, and the number of certified properties.
This financial product promotes environmental or social characteristics, but sustainable investment is not its objective. For any sustainable investments made in the Fund, those investments in line with the EU Taxonomy which have set climate change mitigation as their environmental goals are considered sustainable investments. Climate change mitigation is promoted by investing in the options that meet the requirements of the EU Taxonomy.
- Fund manager
- OP Real Estate Asset Management Ltd
- Benchmark index
- No benchmark index
- Start date
- fund serie
- Income unit
- Fund size
- 1417 Meur
- Serie value (30.06.)
- 126,40 EUR
- Monthly review
- Key Information Document
- Sustainability data
Accumulated profit (30.06)
|1mth||3mth||6mth||1 y||3 y p.a.||5 y p.a.|
|OP-Rental Yield B||-||−1,71 %||−2,52 %||−2,79 %||+2,05 %||+2,54 %|
|OP-Rental Yield B||+5,97 %||+4,36 %||+2,12 %||+5,22 %||+1,45 %||−2,52 %|
|Volatility 12 m||vola 12m||Sharpe 12 m||Duration|
|OP-Rental Yield B||2,79 %||-||-|
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 0.325% 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)
Saver: €0/month (normally €2.99/month)
Investor: €0/month (normally €5.39/month)
- 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.
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.