Osmosis Developed Core Equity Transition Fund
ISIN
IE000WC65G21
INCEPTION DATE
08/07/2024
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
£13.24
NAV MONTHLY CHG
+0.66%
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 C GBP
- AMC
- 0.2%
- TER
- 0.32%
- Benchmark
- MSCI World (GBP) NTR
- Class Currency
- GBP
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OSRECEC
- Min Investment
- £10,000,000
- 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. 27 monthly points from 31/07/2024 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.
Jul 2024, fund 100.00, index 100.00Aug 2024, fund 100.63, index 100.32Sep 2024, fund 100.37, index 100.09Oct 2024, fund 102.40, index 102.35Nov 2024, fund 108.01, index 108.28Dec 2024, fund 106.93, index 107.03Jan 2025, fund 110.85, index 111.68Feb 2025, fund 108.58, index 109.42Mar 2025, fund 101.00, index 101.99Apr 2025, fund 98.49, index 99.43May 2025, fund 103.07, index 104.31Jun 2025, fund 105.86, index 107.08Jul 2025, fund 111.00, index 112.31Aug 2025, fund 111.43, index 112.88Sep 2025, fund 115.14, index 116.93Oct 2025, fund 120.63, index 122.21Nov 2025, fund 119.38, index 121.52Dec 2025, fund 118.52, index 120.68Jan 2026, fund 118.07, index 120.93Feb 2026, fund 120.93, index 124.34Mar 2026, fund 115.62, index 118.69Apr 2026, fund 122.81, index 126.23May 2026, fund 129.57, index 133.05Jun 2026, fund 130.29, index 134.15Jul 2026, fund 129.47, index 132.99Aug 2026, fund 132.09, index 135.73Sep 2026, fund 132.96, index 136.55
Osmosis Developed Core Equity Transition Fund
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 Technology6.04%
- 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. 27 monthly points from 31/07/2024 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.
Jul 2024, fund 100.00, index 100.00Aug 2024, fund 100.63, index 100.32Sep 2024, fund 100.37, index 100.09Oct 2024, fund 102.40, index 102.35Nov 2024, fund 108.01, index 108.28Dec 2024, fund 106.93, index 107.03Jan 2025, fund 110.85, index 111.68Feb 2025, fund 108.58, index 109.42Mar 2025, fund 101.00, index 101.99Apr 2025, fund 98.49, index 99.43May 2025, fund 103.07, index 104.31Jun 2025, fund 105.86, index 107.08Jul 2025, fund 111.00, index 112.31Aug 2025, fund 111.43, index 112.88Sep 2025, fund 115.14, index 116.93Oct 2025, fund 120.63, index 122.21Nov 2025, fund 119.38, index 121.52Dec 2025, fund 118.52, index 120.68Jan 2026, fund 118.07, index 120.93Feb 2026, fund 120.93, index 124.34Mar 2026, fund 115.62, index 118.69Apr 2026, fund 122.81, index 126.23May 2026, fund 129.57, index 133.05Jun 2026, fund 130.29, index 134.15Jul 2026, fund 129.47, index 132.99Aug 2026, fund 132.09, index 135.73Sep 2026, fund 132.96, index 136.55
Performance data will appear when available.
Osmosis Developed Core Equity Transition Fund
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 Transition Fund | +0.66 | +2.05 | +14.99 | +12.18 | +15.48 | — | — | — | +14.05 |
| MSCI World (GBP) NTR | +0.60 | +1.79 | +15.04 | +13.15 | +16.78 | — | — | — | +15.46 |
| Excess Return | +0.06 | +0.26 | -0.05 | -0.97 | -1.30 | — | — | — | -1.41 |
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 | — | — | — | +6.93 | +10.84 | +12.18 |
| MSCI World (GBP) NTR | — | — | — | +7.03 | +12.75 | +13.15 |
| Excess Return | — | — | — | -0.10 | -1.91 | -0.97 |
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 | 0.89% |
| Upside capture ratio | 94.05 |
| Downside capture ratio | 100.32 |
| Information ratio | -1.59 |
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 (GBP) 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 (GBP) 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 (GBP) 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 C
KIID PRIIPs - Osmosis Developed Core Equity Transition Fund - Class C
Prospectus - Osmosis ICAV
Supplement - Osmosis Developed Core Equity Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Transition Fund
Latest commentary
Latest commentary
