Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
ISIN
IE0003T39AL9
INCEPTION DATE
26/09/2023
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
£15.64
NAV MONTHLY CHG
+0.49%
About the fund
The Osmosis Developed Core Equity Fossil Fuel Transition Fund (ICAV) seeks superior risk-adjusted returns by targeting maximum resource efficiency exposure while maintaining a tight tracking error to the MSCI World. The Fund excludes companies that generate more than 5% of their revenues from fossil fuels or nuclear power generation, companies with any revenues from nuclear and controversial weapons and civilian firearms, tobacco companies and companies in breach of any of the UN Global Compact Principles. The resulting portfolio demonstrates significantly less ownership of Carbon, Water and Waste than the respective benchmark.
Systematic Equities
Resource Efficiency
Core Allocation
Fossil Fuel Transition
Fund details - share class B GBP
- AMC
- 0.2%
- TER
- 0.42%
- Benchmark
- MSCI World (GBP) NTR
- Class Currency
- GBP
- Dealing
- Daily
- Fund Size
- $284.93m
- Bloomberg
- OSREFBG
- Min Investment
- £5,000,000
- Product
- UCITS ICAV
- Share Type
- Accumulating
- Valuation Point
- Daily
- Entry / Exit / Perf fee
- 0/0/0
Professional information
- Investment Manager
- Osmosis Investment Management UK Ltd
- Distributor (UK)
- Osmosis Investment Management UK Ltd
- Distributor (NL / EEA)
- Osmosis Investment Management NL B.V.
- Manager
- Prescient Fund Services (Ireland) Ltd
- Administrator
- Northern Trust International Fund Administration Services (Ireland) Ltd
- Depositary
- Northern Trust Fiduciary Services (Ireland) Ltd
- Auditor
- EY
Sustainability
Environmental Footprint
-53%
0.000.250.500.751.00
1.00
Source: OIM UK, Bloomberg, MSCI.
Performance
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Line chart. 37 monthly points from 30/09/2023 to 30/09/2026, rebased to 100 at the start. Use the left and right arrow keys to read each month, Home and End for the first and last, Escape to dismiss.
Sep 2023, fund 100.00, index 100.00Oct 2023, fund 97.52, index 97.67Nov 2023, fund 102.65, index 102.39Dec 2023, fund 107.45, index 106.67Jan 2024, fund 109.14, index 108.07Feb 2024, fund 114.20, index 113.41Mar 2024, fund 117.13, index 117.18Apr 2024, fund 113.36, index 113.86May 2024, fund 116.62, index 116.97Jun 2024, fund 119.72, index 120.21Jul 2024, fund 119.88, index 120.39Aug 2024, fund 120.31, index 120.77Sep 2024, fund 120.43, index 120.50Oct 2024, fund 122.49, index 123.23Nov 2024, fund 129.14, index 130.36Dec 2024, fund 127.22, index 128.86Jan 2025, fund 132.54, index 134.46Feb 2025, fund 130.47, index 131.73Mar 2025, fund 121.30, index 122.79Apr 2025, fund 118.50, index 119.71May 2025, fund 123.74, index 125.59Jun 2025, fund 127.23, index 128.92Jul 2025, fund 133.03, index 135.22Aug 2025, fund 133.56, index 135.90Sep 2025, fund 137.76, index 140.77Oct 2025, fund 144.49, index 147.13Nov 2025, fund 142.74, index 146.30Dec 2025, fund 141.62, index 145.29Jan 2026, fund 140.22, index 145.60Feb 2026, fund 143.60, index 149.69Mar 2026, fund 135.28, index 142.90Apr 2026, fund 144.77, index 151.98May 2026, fund 152.77, index 160.18Jun 2026, fund 153.85, index 161.51Jul 2026, fund 151.93, index 160.11Aug 2026, fund 155.47, index 163.41Sep 2026, fund 156.23, index 164.39
Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
MSCI World (GBP) NTR
Source: Bloomberg, MSCI and OIM UK. Returns represent the relevant share class performance since inception using month end data. Returns are net of all fees. For periods less than one year, returns are cumulative. For periods longer than one year, returns are annualised.
Top 10 holdings
- NVIDIA CORPInformation Technology6.06%
- APPLE INCInformation Technology5.41%
- MICROSOFT CORPInformation Technology3.69%
- AMAZON.COM INCConsumer Discretionary2.66%
- ALPHABET INCCommunication Services2.01%
Source: OIM UK, Bloomberg, MSCI. The investments should not be considered a recommendation to buy or sell any specific securities. There can be no assurance that such investments will remain in the strategy.
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Line chart. 37 monthly points from 30/09/2023 to 30/09/2026, rebased to 100 at the start. Use the left and right arrow keys to read each month, Home and End for the first and last, Escape to dismiss.
Sep 2023, fund 100.00, index 100.00Oct 2023, fund 97.52, index 97.67Nov 2023, fund 102.65, index 102.39Dec 2023, fund 107.45, index 106.67Jan 2024, fund 109.14, index 108.07Feb 2024, fund 114.20, index 113.41Mar 2024, fund 117.13, index 117.18Apr 2024, fund 113.36, index 113.86May 2024, fund 116.62, index 116.97Jun 2024, fund 119.72, index 120.21Jul 2024, fund 119.88, index 120.39Aug 2024, fund 120.31, index 120.77Sep 2024, fund 120.43, index 120.50Oct 2024, fund 122.49, index 123.23Nov 2024, fund 129.14, index 130.36Dec 2024, fund 127.22, index 128.86Jan 2025, fund 132.54, index 134.46Feb 2025, fund 130.47, index 131.73Mar 2025, fund 121.30, index 122.79Apr 2025, fund 118.50, index 119.71May 2025, fund 123.74, index 125.59Jun 2025, fund 127.23, index 128.92Jul 2025, fund 133.03, index 135.22Aug 2025, fund 133.56, index 135.90Sep 2025, fund 137.76, index 140.77Oct 2025, fund 144.49, index 147.13Nov 2025, fund 142.74, index 146.30Dec 2025, fund 141.62, index 145.29Jan 2026, fund 140.22, index 145.60Feb 2026, fund 143.60, index 149.69Mar 2026, fund 135.28, index 142.90Apr 2026, fund 144.77, index 151.98May 2026, fund 152.77, index 160.18Jun 2026, fund 153.85, index 161.51Jul 2026, fund 151.93, index 160.11Aug 2026, fund 155.47, index 163.41Sep 2026, fund 156.23, index 164.39
Performance data will appear when available.
Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
MSCI World (GBP) NTR
Source: Bloomberg, MSCI and OIM UK. Returns represent the relevant share class performance since inception using month end data. Returns are net of all fees. For periods less than one year, returns are cumulative. For periods longer than one year, returns are annualised.
Return profile
| 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | SI | |
|---|---|---|---|---|---|---|---|---|---|
| Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV | +0.49 | +1.55 | +15.49 | +10.32 | +13.41 | +16.04 | — | — | +16.04 |
| MSCI World (GBP) NTR | +0.60 | +1.79 | +15.04 | +13.15 | +16.78 | +18.02 | — | — | +18.02 |
| Excess Return | -0.11 | -0.23 | +0.45 | -2.83 | -3.37 | -1.99 | — | — | -1.99 |
Source: Bloomberg, MSCI and OIM UK. Returns represent the relevant share class performance since inception using month end data. Returns are net of all fees. For periods less than one year, returns are cumulative. For periods longer than one year, returns are annualised.
Annual returns
| 2021 | 2022 | 2023 | 2024 | 2025 | YTD | |
|---|---|---|---|---|---|---|
| Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV | — | — | +7.45 | +18.40 | +11.32 | +10.32 |
| MSCI World (GBP) NTR | — | — | +6.67 | +20.79 | +12.75 | +13.15 |
| Excess Return | — | — | +0.77 | -2.39 | -1.43 | -2.83 |
Source: Bloomberg, MSCI and OIM UK. Returns represent the relevant share class performance since inception using month end data. Returns are net of all fees.
Risk-adjusted performance
| Since inception | |
|---|---|
| Active risk | 1.51% |
| Upside capture ratio | 109.00 |
| Downside capture ratio | 96.89 |
| Information ratio | -1.31 |
Source: Bloomberg, MSCI and OIM UK. Returns represent the relevant share class performance since inception using month end data. Capture ratios are gross of fees and dividend withholding tax. Information ratio is net of all fees.
Sector allocation
Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
MSCI World (GBP) NTR
Information Technology
31.7%
31.8%
Financials
15.1%
15.7%
Health Care
12.6%
9.2%
Industrials
10.4%
10.8%
Consumer Discretionary
9.4%
8.4%
Communication Services
9.2%
8.3%
Materials
4.2%
3.2%
Consumer Staples
3.7%
4.8%
Real Estate
2.7%
1.5%
Utilities
1.0%
2.3%
Energy
0.0%
4.0%
Source: OIM UK, Bloomberg, MSCI.
Country allocation
Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
MSCI World (GBP) NTR
USA
73.0%
72.9%
Japan
5.9%
5.9%
Canada
3.3%
3.3%
United Kingdom
3.3%
3.4%
France
2.3%
2.2%
Switzerland
2.2%
2.1%
Germany
2.0%
2.1%
Australia
1.6%
1.5%
Netherlands
1.5%
1.4%
Spain
0.9%
1.0%
Source: OIM UK, Bloomberg, MSCI.
Top 10 holdings
Top 10 holdings - 27.42%
Rest of portfolio
- Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAVMSCI World (GBP) NTR
- 01NVIDIA CORPInformation Technology6.06%5.81%
- 02APPLE INCInformation Technology5.41%5.41%
- 03MICROSOFT CORPInformation Technology3.69%4.00%
- 04AMAZON.COM INCConsumer Discretionary2.66%2.67%
- 05ALPHABET INCCommunication Services2.01%2.23%
- 06META PLATFORMS INCCommunication Services1.75%1.76%
- 07BROADCOM INCInformation Technology1.58%1.76%
- 08ALPHABET INCCommunication Services1.54%1.76%
- 09ADVANCED MICRO DEVICES INCInformation Technology1.51%1.10%
- 10TESLA INCConsumer Discretionary1.21%1.12%
Source: OIM UK, Bloomberg, MSCI. The investments should not be considered a recommendation to buy or sell any specific securities. There can be no assurance that such investments will remain in the strategy.
Portfolio characteristics
Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
MSCI World (USD) NTR
Number of holdings
618
1,249
Average Weighted Market Cap (Billions)
$1,104bn
$1,130bn
Median Market Cap (Billions)
$40bn
$29bn
Trailing P/E
22.14
22.69
Price-to-Book Value
4.13
4.10
Price-to-Cash Flow
16.20
16.59
ROE
21.55%
20.39%
Dividend Yield
1.51%
1.51%
Active share
32.48%
Source: OIM UK, Bloomberg, MSCI. Dividend yield is over the course of a year.
Sustainability
The Resource Efficiency signal generates a significant reduction in the resource footprint relative to the MSCI World without the need to divest from any sectors.
Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV
MSCI World (USD) NTR
Environmental Footprint
-53%
0.000.250.500.751.00
1.00
Carbon
-66%
0.0023.4246.8570.2793.69
93.69
unit: tonnes CO2e/mln $
Water
-49%
0.00130.57261.14391.71522.28
522.28
unit: cubic meter / mln $
Waste
-44%
0.001.613.234.846.45
6.45
unit: tonnes/mln $
Source: OIM UK, Bloomberg, MSCI.
Fund documents
KIID - Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV - Class B GBP
KIID PRIIPs - Osmosis Developed Core Equity Fossil Fuel Transition Fund ICAV - Class B GBP
Supplement - Osmosis Developed Core Equity Fossil Fuel Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Fossil Fuel Transition Fund
Prospectus - Osmosis ICAV
Latest commentary
Latest commentary
