Osmosis Developed Core Equity Transition Fund
ISIN
IE000UTBBW18
INCEPTION DATE
29/03/2023
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
€17.44
NAV MONTHLY CHG
+0.79%
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 B EUR
- AMC
- 0.15%
- TER
- 0.27%
- Benchmark
- MSCI World (EUR) NTR
- Class Currency
- EUR
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OSRECBE
- Min Investment
- €100,000,000
- 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. 43 monthly points from 31/03/2023 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.
Mar 2023, fund 100.00, index 100.00Apr 2023, fund 100.13, index 100.14May 2023, fund 102.78, index 102.66Jun 2023, fund 106.21, index 106.38Jul 2023, fund 108.67, index 108.81Aug 2023, fund 107.20, index 107.89Sep 2023, fund 104.96, index 105.83Oct 2023, fund 102.02, index 102.93Nov 2023, fund 108.14, index 109.06Dec 2023, fund 112.06, index 113.01Jan 2024, fund 115.39, index 116.30Feb 2024, fund 120.31, index 121.69Mar 2024, fund 123.54, index 125.82Apr 2024, fund 119.87, index 122.40May 2024, fund 123.14, index 125.94Jun 2024, fund 127.21, index 130.16Jul 2024, fund 128.13, index 131.19Aug 2024, fund 128.98, index 131.64Sep 2024, fund 130.22, index 132.95Oct 2024, fund 130.91, index 133.96Nov 2024, fund 140.33, index 144.02Dec 2024, fund 139.63, index 143.07Jan 2025, fund 143.05, index 147.54Feb 2025, fund 141.94, index 146.41Mar 2025, fund 130.32, index 134.69Apr 2025, fund 124.92, index 129.13May 2025, fund 132.22, index 136.95Jun 2025, fund 133.46, index 138.16Jul 2025, fund 138.60, index 143.52Aug 2025, fund 138.91, index 144.00Sep 2025, fund 142.48, index 148.06Oct 2025, fund 148.31, index 153.75Nov 2025, fund 147.22, index 153.34Dec 2025, fund 146.63, index 152.75Jan 2026, fund 147.12, index 154.17Feb 2026, fund 148.75, index 156.48Mar 2026, fund 142.96, index 150.14Apr 2026, fund 153.69, index 161.61May 2026, fund 161.76, index 169.85Jun 2026, fund 163.48, index 172.12Jul 2026, fund 163.69, index 171.91Aug 2026, fund 166.78, index 175.23Sep 2026, fund 168.10, index 176.50
Osmosis Developed Core Equity Transition Fund
MSCI World (EUR) 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. 43 monthly points from 31/03/2023 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.
Mar 2023, fund 100.00, index 100.00Apr 2023, fund 100.13, index 100.14May 2023, fund 102.78, index 102.66Jun 2023, fund 106.21, index 106.38Jul 2023, fund 108.67, index 108.81Aug 2023, fund 107.20, index 107.89Sep 2023, fund 104.96, index 105.83Oct 2023, fund 102.02, index 102.93Nov 2023, fund 108.14, index 109.06Dec 2023, fund 112.06, index 113.01Jan 2024, fund 115.39, index 116.30Feb 2024, fund 120.31, index 121.69Mar 2024, fund 123.54, index 125.82Apr 2024, fund 119.87, index 122.40May 2024, fund 123.14, index 125.94Jun 2024, fund 127.21, index 130.16Jul 2024, fund 128.13, index 131.19Aug 2024, fund 128.98, index 131.64Sep 2024, fund 130.22, index 132.95Oct 2024, fund 130.91, index 133.96Nov 2024, fund 140.33, index 144.02Dec 2024, fund 139.63, index 143.07Jan 2025, fund 143.05, index 147.54Feb 2025, fund 141.94, index 146.41Mar 2025, fund 130.32, index 134.69Apr 2025, fund 124.92, index 129.13May 2025, fund 132.22, index 136.95Jun 2025, fund 133.46, index 138.16Jul 2025, fund 138.60, index 143.52Aug 2025, fund 138.91, index 144.00Sep 2025, fund 142.48, index 148.06Oct 2025, fund 148.31, index 153.75Nov 2025, fund 147.22, index 153.34Dec 2025, fund 146.63, index 152.75Jan 2026, fund 147.12, index 154.17Feb 2026, fund 148.75, index 156.48Mar 2026, fund 142.96, index 150.14Apr 2026, fund 153.69, index 161.61May 2026, fund 161.76, index 169.85Jun 2026, fund 163.48, index 172.12Jul 2026, fund 163.69, index 171.91Aug 2026, fund 166.78, index 175.23Sep 2026, fund 168.10, index 176.50
Performance data will appear when available.
Osmosis Developed Core Equity Transition Fund
MSCI World (EUR) 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 | +0.79 | +2.82 | +17.58 | +14.64 | +17.98 | +17.00 | — | — | +16.00 |
| MSCI World (EUR) NTR | +0.73 | +2.55 | +17.56 | +15.55 | +19.21 | +18.59 | — | — | +17.63 |
| Excess Return | +0.06 | +0.28 | +0.02 | -0.91 | -1.23 | -1.59 | — | — | -1.63 |
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 | — | — | +12.06 | +24.61 | +5.01 | +14.64 |
| MSCI World (EUR) NTR | — | — | +13.01 | +26.60 | +6.77 | +15.55 |
| Excess Return | — | — | -0.95 | -1.99 | -1.76 | -0.91 |
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 | 0.84% |
| Upside capture ratio | 93.91 |
| Downside capture ratio | 103.48 |
| Information ratio | -1.93 |
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 (EUR) 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 (EUR) 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 (EUR) 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 B EUR
KIID PRIIPs - Osmosis Developed Core Equity Transition Fund - Class B EUR
Prospectus - Osmosis ICAV
Supplement - Osmosis Developed Core Equity Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Transition Fund
Latest commentary
Latest commentary
