Osmosis Developed Core Equity Transition Fund
ISIN
IE00BF0D3F98
INCEPTION DATE
23/05/2017
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
$29.85
NAV MONTHLY CHG
-1.48%
About the fund
The Osmosis Developed Core Equity Transition Fund seeks superior risk-adjusted returns by targeting maximum resource efficiency exposure while maintaining a tight tracking error to the MSCI World. The portfolio takes advantage of the inefficiencies of market cap weighted strategies by closely replicating the factor exposures of the underlying benchmark with the active exposure being delivered through the Osmosis Resource Efficiency Factor. The resulting portfolio demonstrates significantly less ownership of Carbon, Water and Waste than the respective benchmark.
Systematic Equity
Resource Efficiency
Core Allocation
Fund details - share class A
- AMC
- 0.125%
- TER
- 0.22%
- Benchmark
- MSCI World (USD) NTR
- Class Currency
- USD
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OMWSBAU
- Lipper
- 68412919
- Min Investment
- $250,000,000
- Product
- ICAV UCITS
- 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
-51%
0.000.250.500.751.00
1.00
Source: OIM UK, Bloomberg, MSCI.
Performance
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Line chart. 113 monthly points from 31/05/2017 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.
May 2017, fund 100.00, index 100.00Jun 2017, fund 100.72, index 100.38Jul 2017, fund 103.43, index 102.79Aug 2017, fund 103.47, index 102.93Sep 2017, fund 105.64, index 105.24Oct 2017, fund 107.14, index 107.23Nov 2017, fund 109.88, index 109.55Dec 2017, fund 111.14, index 111.04Jan 2018, fund 117.56, index 116.90Feb 2018, fund 112.95, index 112.06Mar 2018, fund 110.54, index 109.61Apr 2018, fund 112.10, index 110.87May 2018, fund 112.52, index 111.57Jun 2018, fund 112.28, index 111.51Jul 2018, fund 115.90, index 115.00Aug 2018, fund 118.00, index 116.42Sep 2018, fund 119.05, index 117.07Oct 2018, fund 110.31, index 108.47Nov 2018, fund 110.91, index 109.70Dec 2018, fund 102.17, index 101.36Jan 2019, fund 110.02, index 109.25Feb 2019, fund 113.26, index 112.53Mar 2019, fund 114.85, index 114.01Apr 2019, fund 119.16, index 118.06May 2019, fund 112.38, index 111.24Jun 2019, fund 120.06, index 118.57Jul 2019, fund 120.64, index 119.16Aug 2019, fund 118.25, index 116.72Sep 2019, fund 120.92, index 119.21Oct 2019, fund 124.21, index 122.24Nov 2019, fund 128.09, index 125.65Dec 2019, fund 131.86, index 129.41Jan 2020, fund 130.67, index 128.62Feb 2020, fund 119.62, index 117.75Mar 2020, fund 104.71, index 102.17Apr 2020, fund 115.50, index 113.33May 2020, fund 121.03, index 118.80Jun 2020, fund 124.69, index 121.95Jul 2020, fund 130.82, index 127.78Aug 2020, fund 140.00, index 136.32Sep 2020, fund 135.05, index 131.61Oct 2020, fund 131.02, index 127.58Nov 2020, fund 147.46, index 143.89Dec 2020, fund 154.02, index 149.99Jan 2021, fund 152.44, index 148.50Feb 2021, fund 156.37, index 152.30Mar 2021, fund 161.78, index 157.37Apr 2021, fund 169.64, index 164.70May 2021, fund 172.67, index 167.07Jun 2021, fund 175.13, index 169.56Jul 2021, fund 178.04, index 172.60Aug 2021, fund 182.85, index 176.89Sep 2021, fund 175.36, index 169.55Oct 2021, fund 185.41, index 179.15Nov 2021, fund 182.11, index 175.22Dec 2021, fund 190.21, index 182.71Jan 2022, fund 180.41, index 173.05Feb 2022, fund 176.19, index 168.67Mar 2022, fund 181.02, index 173.30Apr 2022, fund 166.49, index 158.90May 2022, fund 166.54, index 159.02Jun 2022, fund 152.34, index 145.25Jul 2022, fund 164.74, index 156.78Aug 2022, fund 157.69, index 150.22Sep 2022, fund 142.96, index 136.26Oct 2022, fund 154.31, index 146.80Nov 2022, fund 164.24, index 156.20Dec 2022, fund 156.97, index 149.57Jan 2023, fund 168.28, index 160.15Feb 2023, fund 164.26, index 156.30Mar 2023, fund 169.30, index 161.13Apr 2023, fund 172.27, index 163.95May 2023, fund 170.76, index 162.32Jun 2023, fund 180.60, index 172.13Jul 2023, fund 186.74, index 177.92Aug 2023, fund 181.35, index 173.67Sep 2023, fund 173.22, index 166.17Oct 2023, fund 168.09, index 161.35Nov 2023, fund 183.94, index 176.48Dec 2023, fund 192.98, index 185.14Jan 2024, fund 195.42, index 187.37Feb 2024, fund 202.95, index 195.31Mar 2024, fund 208.04, index 201.53Apr 2024, fund 199.86, index 194.10May 2024, fund 208.45, index 202.76Jun 2024, fund 212.60, index 206.89Jul 2024, fund 216.21, index 210.54Aug 2024, fund 222.64, index 216.10Sep 2024, fund 226.65, index 220.06Oct 2024, fund 221.65, index 215.69Nov 2024, fund 231.16, index 225.59Dec 2024, fund 225.50, index 219.71Jan 2025, fund 231.94, index 227.47Feb 2025, fund 230.25, index 225.83Mar 2025, fund 219.58, index 215.77Apr 2025, fund 221.49, index 217.69May 2025, fund 234.14, index 230.58Jun 2025, fund 244.38, index 240.53Jul 2025, fund 247.48, index 243.62Aug 2025, fund 253.65, index 249.98Sep 2025, fund 261.18, index 258.01Oct 2025, fund 267.06, index 263.18Nov 2025, fund 266.57, index 263.92Dec 2025, fund 268.68, index 266.06Jan 2026, fund 273.08, index 272.01Feb 2026, fund 274.04, index 274.00Mar 2026, fund 257.03, index 256.55Apr 2026, fund 281.32, index 281.16May 2026, fund 294.46, index 293.96Jun 2026, fund 291.57, index 291.85Jul 2026, fund 293.80, index 293.35Aug 2026, fund 302.36, index 302.00Sep 2026, fund 297.88, index 297.33
Osmosis Developed Core Equity Transition Fund
MSCI World (USD) 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 Technology6.04%
- APPLE INCInformation Technology5.46%
- MICROSOFT CORPInformation Technology3.76%
- AMAZON.COM INCConsumer Discretionary2.66%
- ALPHABET INCCommunication Services2.08%
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. 113 monthly points from 31/05/2017 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.
May 2017, fund 100.00, index 100.00Jun 2017, fund 100.72, index 100.38Jul 2017, fund 103.43, index 102.79Aug 2017, fund 103.47, index 102.93Sep 2017, fund 105.64, index 105.24Oct 2017, fund 107.14, index 107.23Nov 2017, fund 109.88, index 109.55Dec 2017, fund 111.14, index 111.04Jan 2018, fund 117.56, index 116.90Feb 2018, fund 112.95, index 112.06Mar 2018, fund 110.54, index 109.61Apr 2018, fund 112.10, index 110.87May 2018, fund 112.52, index 111.57Jun 2018, fund 112.28, index 111.51Jul 2018, fund 115.90, index 115.00Aug 2018, fund 118.00, index 116.42Sep 2018, fund 119.05, index 117.07Oct 2018, fund 110.31, index 108.47Nov 2018, fund 110.91, index 109.70Dec 2018, fund 102.17, index 101.36Jan 2019, fund 110.02, index 109.25Feb 2019, fund 113.26, index 112.53Mar 2019, fund 114.85, index 114.01Apr 2019, fund 119.16, index 118.06May 2019, fund 112.38, index 111.24Jun 2019, fund 120.06, index 118.57Jul 2019, fund 120.64, index 119.16Aug 2019, fund 118.25, index 116.72Sep 2019, fund 120.92, index 119.21Oct 2019, fund 124.21, index 122.24Nov 2019, fund 128.09, index 125.65Dec 2019, fund 131.86, index 129.41Jan 2020, fund 130.67, index 128.62Feb 2020, fund 119.62, index 117.75Mar 2020, fund 104.71, index 102.17Apr 2020, fund 115.50, index 113.33May 2020, fund 121.03, index 118.80Jun 2020, fund 124.69, index 121.95Jul 2020, fund 130.82, index 127.78Aug 2020, fund 140.00, index 136.32Sep 2020, fund 135.05, index 131.61Oct 2020, fund 131.02, index 127.58Nov 2020, fund 147.46, index 143.89Dec 2020, fund 154.02, index 149.99Jan 2021, fund 152.44, index 148.50Feb 2021, fund 156.37, index 152.30Mar 2021, fund 161.78, index 157.37Apr 2021, fund 169.64, index 164.70May 2021, fund 172.67, index 167.07Jun 2021, fund 175.13, index 169.56Jul 2021, fund 178.04, index 172.60Aug 2021, fund 182.85, index 176.89Sep 2021, fund 175.36, index 169.55Oct 2021, fund 185.41, index 179.15Nov 2021, fund 182.11, index 175.22Dec 2021, fund 190.21, index 182.71Jan 2022, fund 180.41, index 173.05Feb 2022, fund 176.19, index 168.67Mar 2022, fund 181.02, index 173.30Apr 2022, fund 166.49, index 158.90May 2022, fund 166.54, index 159.02Jun 2022, fund 152.34, index 145.25Jul 2022, fund 164.74, index 156.78Aug 2022, fund 157.69, index 150.22Sep 2022, fund 142.96, index 136.26Oct 2022, fund 154.31, index 146.80Nov 2022, fund 164.24, index 156.20Dec 2022, fund 156.97, index 149.57Jan 2023, fund 168.28, index 160.15Feb 2023, fund 164.26, index 156.30Mar 2023, fund 169.30, index 161.13Apr 2023, fund 172.27, index 163.95May 2023, fund 170.76, index 162.32Jun 2023, fund 180.60, index 172.13Jul 2023, fund 186.74, index 177.92Aug 2023, fund 181.35, index 173.67Sep 2023, fund 173.22, index 166.17Oct 2023, fund 168.09, index 161.35Nov 2023, fund 183.94, index 176.48Dec 2023, fund 192.98, index 185.14Jan 2024, fund 195.42, index 187.37Feb 2024, fund 202.95, index 195.31Mar 2024, fund 208.04, index 201.53Apr 2024, fund 199.86, index 194.10May 2024, fund 208.45, index 202.76Jun 2024, fund 212.60, index 206.89Jul 2024, fund 216.21, index 210.54Aug 2024, fund 222.64, index 216.10Sep 2024, fund 226.65, index 220.06Oct 2024, fund 221.65, index 215.69Nov 2024, fund 231.16, index 225.59Dec 2024, fund 225.50, index 219.71Jan 2025, fund 231.94, index 227.47Feb 2025, fund 230.25, index 225.83Mar 2025, fund 219.58, index 215.77Apr 2025, fund 221.49, index 217.69May 2025, fund 234.14, index 230.58Jun 2025, fund 244.38, index 240.53Jul 2025, fund 247.48, index 243.62Aug 2025, fund 253.65, index 249.98Sep 2025, fund 261.18, index 258.01Oct 2025, fund 267.06, index 263.18Nov 2025, fund 266.57, index 263.92Dec 2025, fund 268.68, index 266.06Jan 2026, fund 273.08, index 272.01Feb 2026, fund 274.04, index 274.00Mar 2026, fund 257.03, index 256.55Apr 2026, fund 281.32, index 281.16May 2026, fund 294.46, index 293.96Jun 2026, fund 291.57, index 291.85Jul 2026, fund 293.80, index 293.35Aug 2026, fund 302.36, index 302.00Sep 2026, fund 297.88, index 297.33
Performance data will appear when available.
Osmosis Developed Core Equity Transition Fund
MSCI World (USD) 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 Transition Fund | -1.48 | +2.16 | +15.90 | +10.87 | +14.05 | +19.81 | +11.18 | — | +12.41 |
| MSCI World (USD) NTR | -1.55 | +1.88 | +15.89 | +11.75 | +15.24 | +21.40 | +11.89 | — | +12.38 |
| Excess Return | +0.07 | +0.29 | +0.00 | -0.89 | -1.19 | -1.60 | -0.71 | — | +0.02 |
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 Transition Fund | +23.50 | -17.47 | +22.94 | +16.85 | +19.15 | +10.87 |
| MSCI World (USD) NTR | +21.82 | -18.14 | +23.79 | +18.67 | +21.09 | +11.75 |
| Excess Return | +1.68 | +0.67 | -0.85 | -1.82 | -1.95 | -0.89 |
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 | 0.90% |
| Upside capture ratio | 99.83 |
| Downside capture ratio | 99.87 |
| Information ratio | 0.02 |
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 Transition Fund
MSCI World (USD) NTR
Information Technology
32.0%
31.8%
Financials
15.6%
15.7%
Industrials
10.8%
10.8%
Health Care
9.2%
9.2%
Consumer Discretionary
8.3%
8.4%
Communication Services
8.3%
8.3%
Consumer Staples
4.7%
4.8%
Energy
4.1%
4.0%
Materials
3.2%
3.2%
Utilities
2.2%
2.3%
Real Estate
1.5%
1.5%
Source: OIM UK, Bloomberg, MSCI.
Country allocation
Osmosis Developed Core Equity Transition Fund
MSCI World (USD) NTR
USA
72.8%
72.9%
Japan
5.9%
5.9%
United Kingdom
3.5%
3.4%
Canada
3.4%
3.3%
France
2.3%
2.2%
Switzerland
2.2%
2.1%
Germany
2.1%
2.1%
Australia
1.5%
1.5%
Netherlands
1.4%
1.4%
Spain
0.9%
1.0%
Source: OIM UK, Bloomberg, MSCI.
Top 10 holdings
Top 10 holdings - 27.71%
Rest of portfolio
- Osmosis Developed Core Equity Transition FundMSCI World (USD) NTR
- 01NVIDIA CORPInformation Technology6.04%5.81%
- 02APPLE INCInformation Technology5.46%5.41%
- 03MICROSOFT CORPInformation Technology3.76%4.00%
- 04AMAZON.COM INCConsumer Discretionary2.66%2.67%
- 05ALPHABET INCCommunication Services2.08%2.23%
- 06META PLATFORMS INCCommunication Services1.82%1.76%
- 07ALPHABET INCCommunication Services1.71%1.76%
- 08BROADCOM INCInformation Technology1.58%1.76%
- 09ADVANCED MICRO DEVICES INCInformation Technology1.42%1.10%
- 10TESLA INCConsumer Discretionary1.18%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 Transition Fund
MSCI World (USD) NTR
Number of holdings
762
1,249
Average Weighted Market Cap (Billions)
$1,100bn
$1,130bn
Median Market Cap (Billions)
$39bn
$29bn
Trailing P/E
22.56
22.69
Price-to-Book Value
4.16
4.10
Price-to-Cash Flow
16.50
16.59
ROE
21.23%
20.39%
Dividend Yield
1.50%
1.51%
Active share
25.52%
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 Transition Fund
MSCI World (USD) NTR
Environmental Footprint
-51%
0.000.250.500.751.00
1.00
Carbon
-40%
0.0023.4246.8570.2793.69
93.69
unit: tonnes CO2e/mln $
Water
-63%
0.00130.57261.14391.71522.28
522.28
unit: cubic meter / mln $
Waste
-50%
0.001.613.234.846.45
6.45
unit: tonnes/mln $
Source: OIM UK, Bloomberg, MSCI.
Fund documents
KIID - Osmosis Developed Core Equity Transition Fund - Class A
KIID PRIIPs - Osmosis Developed Core Equity Transition Fund - Class A
Prospectus - Osmosis ICAV
Supplement - Osmosis Developed Core Equity Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Transition Fund
Latest commentary
Latest commentary
