Osmosis Developed Core Equity Transition Fund
ISIN
IE00BDTYHZ78
INCEPTION DATE
31/01/2019
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
$26.88
NAV MONTHLY CHG
-1.49%
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 USD
- AMC
- 0.2%
- TER
- 0.32%
- Benchmark
- MSCI World (USD) NTR
- Class Currency
- USD
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OSMWSBC
- 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. 93 monthly points from 31/01/2019 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.
Jan 2019, fund 100.00, index 100.00Feb 2019, fund 102.98, index 103.01Mar 2019, fund 104.42, index 104.36Apr 2019, fund 108.33, index 108.06May 2019, fund 102.15, index 101.83Jun 2019, fund 109.12, index 108.54Jul 2019, fund 109.63, index 109.07Aug 2019, fund 107.46, index 106.84Sep 2019, fund 109.87, index 109.12Oct 2019, fund 112.85, index 111.89Nov 2019, fund 116.37, index 115.01Dec 2019, fund 119.78, index 118.45Jan 2020, fund 118.68, index 117.73Feb 2020, fund 108.64, index 107.78Mar 2020, fund 95.09, index 93.52Apr 2020, fund 104.88, index 103.73May 2020, fund 109.89, index 108.74Jun 2020, fund 113.20, index 111.62Jul 2020, fund 118.75, index 116.96Aug 2020, fund 127.08, index 124.78Sep 2020, fund 122.57, index 120.47Oct 2020, fund 118.90, index 116.78Nov 2020, fund 133.81, index 131.71Dec 2020, fund 139.75, index 137.29Jan 2021, fund 138.31, index 135.93Feb 2021, fund 141.86, index 139.41Mar 2021, fund 146.75, index 144.05Apr 2021, fund 153.87, index 150.75May 2021, fund 156.61, index 152.92Jun 2021, fund 158.81, index 155.20Jul 2021, fund 161.44, index 157.98Aug 2021, fund 165.79, index 161.91Sep 2021, fund 158.98, index 155.19Oct 2021, fund 168.08, index 163.98Nov 2021, fund 165.07, index 160.39Dec 2021, fund 172.39, index 167.24Jan 2022, fund 163.49, index 158.39Feb 2022, fund 159.66, index 154.39Mar 2022, fund 164.02, index 158.63Apr 2022, fund 150.84, index 145.45May 2022, fund 150.88, index 145.56Jun 2022, fund 138.00, index 132.95Jul 2022, fund 149.22, index 143.51Aug 2022, fund 142.81, index 137.51Sep 2022, fund 129.46, index 124.72Oct 2022, fund 139.73, index 134.37Nov 2022, fund 148.70, index 142.97Dec 2022, fund 142.11, index 136.90Jan 2023, fund 152.34, index 146.59Feb 2023, fund 148.69, index 143.07Mar 2023, fund 153.23, index 147.49Apr 2023, fund 155.91, index 150.07May 2023, fund 154.52, index 148.57Jun 2023, fund 163.41, index 157.56Jul 2023, fund 168.95, index 162.85Aug 2023, fund 164.07, index 158.96Sep 2023, fund 156.69, index 152.10Oct 2023, fund 152.03, index 147.69Nov 2023, fund 166.35, index 161.54Dec 2023, fund 174.51, index 169.47Jan 2024, fund 176.70, index 171.50Feb 2024, fund 183.53, index 178.77Mar 2024, fund 188.11, index 184.47Apr 2024, fund 180.70, index 177.66May 2024, fund 188.45, index 185.60Jun 2024, fund 192.20, index 189.37Jul 2024, fund 195.44, index 192.71Aug 2024, fund 201.24, index 197.80Sep 2024, fund 204.85, index 201.43Oct 2024, fund 200.32, index 197.43Nov 2024, fund 208.90, index 206.49Dec 2024, fund 203.80, index 201.11Jan 2025, fund 209.57, index 208.21Feb 2025, fund 208.03, index 206.71Mar 2025, fund 198.37, index 197.51Apr 2025, fund 200.09, index 199.26May 2025, fund 211.50, index 211.06Jun 2025, fund 220.73, index 220.16Jul 2025, fund 223.51, index 223.00Aug 2025, fund 229.08, index 228.81Sep 2025, fund 235.85, index 236.17Oct 2025, fund 241.15, index 240.90Nov 2025, fund 240.68, index 241.58Dec 2025, fund 242.57, index 243.53Jan 2026, fund 246.53, index 248.98Feb 2026, fund 247.38, index 250.81Mar 2026, fund 232.00, index 234.83Apr 2026, fund 253.92, index 257.36May 2026, fund 265.76, index 269.07Jun 2026, fund 263.13, index 267.14Jul 2026, fund 265.12, index 268.51Aug 2026, fund 272.83, index 276.43Sep 2026, fund 268.76, index 272.16
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. 93 monthly points from 31/01/2019 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.
Jan 2019, fund 100.00, index 100.00Feb 2019, fund 102.98, index 103.01Mar 2019, fund 104.42, index 104.36Apr 2019, fund 108.33, index 108.06May 2019, fund 102.15, index 101.83Jun 2019, fund 109.12, index 108.54Jul 2019, fund 109.63, index 109.07Aug 2019, fund 107.46, index 106.84Sep 2019, fund 109.87, index 109.12Oct 2019, fund 112.85, index 111.89Nov 2019, fund 116.37, index 115.01Dec 2019, fund 119.78, index 118.45Jan 2020, fund 118.68, index 117.73Feb 2020, fund 108.64, index 107.78Mar 2020, fund 95.09, index 93.52Apr 2020, fund 104.88, index 103.73May 2020, fund 109.89, index 108.74Jun 2020, fund 113.20, index 111.62Jul 2020, fund 118.75, index 116.96Aug 2020, fund 127.08, index 124.78Sep 2020, fund 122.57, index 120.47Oct 2020, fund 118.90, index 116.78Nov 2020, fund 133.81, index 131.71Dec 2020, fund 139.75, index 137.29Jan 2021, fund 138.31, index 135.93Feb 2021, fund 141.86, index 139.41Mar 2021, fund 146.75, index 144.05Apr 2021, fund 153.87, index 150.75May 2021, fund 156.61, index 152.92Jun 2021, fund 158.81, index 155.20Jul 2021, fund 161.44, index 157.98Aug 2021, fund 165.79, index 161.91Sep 2021, fund 158.98, index 155.19Oct 2021, fund 168.08, index 163.98Nov 2021, fund 165.07, index 160.39Dec 2021, fund 172.39, index 167.24Jan 2022, fund 163.49, index 158.39Feb 2022, fund 159.66, index 154.39Mar 2022, fund 164.02, index 158.63Apr 2022, fund 150.84, index 145.45May 2022, fund 150.88, index 145.56Jun 2022, fund 138.00, index 132.95Jul 2022, fund 149.22, index 143.51Aug 2022, fund 142.81, index 137.51Sep 2022, fund 129.46, index 124.72Oct 2022, fund 139.73, index 134.37Nov 2022, fund 148.70, index 142.97Dec 2022, fund 142.11, index 136.90Jan 2023, fund 152.34, index 146.59Feb 2023, fund 148.69, index 143.07Mar 2023, fund 153.23, index 147.49Apr 2023, fund 155.91, index 150.07May 2023, fund 154.52, index 148.57Jun 2023, fund 163.41, index 157.56Jul 2023, fund 168.95, index 162.85Aug 2023, fund 164.07, index 158.96Sep 2023, fund 156.69, index 152.10Oct 2023, fund 152.03, index 147.69Nov 2023, fund 166.35, index 161.54Dec 2023, fund 174.51, index 169.47Jan 2024, fund 176.70, index 171.50Feb 2024, fund 183.53, index 178.77Mar 2024, fund 188.11, index 184.47Apr 2024, fund 180.70, index 177.66May 2024, fund 188.45, index 185.60Jun 2024, fund 192.20, index 189.37Jul 2024, fund 195.44, index 192.71Aug 2024, fund 201.24, index 197.80Sep 2024, fund 204.85, index 201.43Oct 2024, fund 200.32, index 197.43Nov 2024, fund 208.90, index 206.49Dec 2024, fund 203.80, index 201.11Jan 2025, fund 209.57, index 208.21Feb 2025, fund 208.03, index 206.71Mar 2025, fund 198.37, index 197.51Apr 2025, fund 200.09, index 199.26May 2025, fund 211.50, index 211.06Jun 2025, fund 220.73, index 220.16Jul 2025, fund 223.51, index 223.00Aug 2025, fund 229.08, index 228.81Sep 2025, fund 235.85, index 236.17Oct 2025, fund 241.15, index 240.90Nov 2025, fund 240.68, index 241.58Dec 2025, fund 242.57, index 243.53Jan 2026, fund 246.53, index 248.98Feb 2026, fund 247.38, index 250.81Mar 2026, fund 232.00, index 234.83Apr 2026, fund 253.92, index 257.36May 2026, fund 265.76, index 269.07Jun 2026, fund 263.13, index 267.14Jul 2026, fund 265.12, index 268.51Aug 2026, fund 272.83, index 276.43Sep 2026, fund 268.76, index 272.16
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 | -1.49 | +2.14 | +15.84 | +10.80 | +13.95 | +19.70 | +11.07 | — | +13.76 |
| MSCI World (USD) NTR | -1.55 | +1.88 | +15.89 | +11.75 | +15.24 | +21.40 | +11.89 | — | +13.95 |
| Excess Return | +0.06 | +0.26 | -0.05 | -0.96 | -1.29 | -1.70 | -0.82 | — | -0.19 |
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 | +23.36 | -17.57 | +22.80 | +16.78 | +19.03 | +10.80 |
| MSCI World (USD) NTR | +21.82 | -18.14 | +23.79 | +18.67 | +21.09 | +11.75 |
| Excess Return | +1.54 | +0.58 | -0.99 | -1.89 | -2.07 | -0.96 |
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 | 0.85% |
| Upside capture ratio | 99.05 |
| Downside capture ratio | 99.78 |
| Information ratio | -0.22 |
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 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
