Osmosis Developed Core Equity Transition Fund
ISIN
IE00BG08NL78
INCEPTION DATE
12/10/2018
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
$23.95
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 D USD
- AMC
- 0.25%
- TER
- 0.37%
- Benchmark
- MSCI World (USD) NTR
- Class Currency
- USD
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OMWSBDU
- Min Investment
- $5,000
- 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. 70 monthly points from 31/12/2020 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.
Dec 2020, fund 100.00, index 100.00Jan 2021, fund 98.96, index 99.01Feb 2021, fund 101.50, index 101.54Mar 2021, fund 104.99, index 104.92Apr 2021, fund 110.08, index 109.80May 2021, fund 112.04, index 111.39Jun 2021, fund 113.61, index 113.05Jul 2021, fund 115.49, index 115.07Aug 2021, fund 118.59, index 117.94Sep 2021, fund 113.72, index 113.04Oct 2021, fund 120.22, index 119.44Nov 2021, fund 118.06, index 116.82Dec 2021, fund 123.30, index 121.82Jan 2022, fund 116.93, index 115.37Feb 2022, fund 114.18, index 112.45Mar 2022, fund 117.29, index 115.54Apr 2022, fund 107.86, index 105.94May 2022, fund 107.88, index 106.02Jun 2022, fund 98.67, index 96.84Jul 2022, fund 106.69, index 104.53Aug 2022, fund 102.11, index 100.16Sep 2022, fund 92.56, index 90.85Oct 2022, fund 99.90, index 97.87Nov 2022, fund 106.30, index 104.14Dec 2022, fund 101.59, index 99.72Jan 2023, fund 108.89, index 106.77Feb 2023, fund 106.28, index 104.21Mar 2023, fund 109.52, index 107.43Apr 2023, fund 111.43, index 109.31May 2023, fund 110.44, index 108.22Jun 2023, fund 116.78, index 114.76Jul 2023, fund 120.74, index 118.62Aug 2023, fund 117.25, index 115.79Sep 2023, fund 111.97, index 110.79Oct 2023, fund 108.64, index 107.58Nov 2023, fund 118.86, index 117.66Dec 2023, fund 124.69, index 123.44Jan 2024, fund 126.25, index 124.92Feb 2024, fund 131.12, index 130.22Mar 2024, fund 134.39, index 134.36Apr 2024, fund 129.09, index 129.41May 2024, fund 134.62, index 135.19Jun 2024, fund 137.29, index 137.94Jul 2024, fund 139.60, index 140.37Aug 2024, fund 143.74, index 144.08Sep 2024, fund 146.31, index 146.72Oct 2024, fund 143.07, index 143.81Nov 2024, fund 149.19, index 150.40Dec 2024, fund 145.52, index 146.48Jan 2025, fund 149.66, index 151.65Feb 2025, fund 148.55, index 150.56Mar 2025, fund 141.65, index 143.86Apr 2025, fund 142.87, index 145.14May 2025, fund 151.01, index 153.73Jun 2025, fund 157.60, index 160.36Jul 2025, fund 159.57, index 162.43Aug 2025, fund 163.54, index 166.66Sep 2025, fund 168.37, index 172.02Oct 2025, fund 172.14, index 175.47Nov 2025, fund 171.80, index 175.96Dec 2025, fund 173.15, index 177.38Jan 2026, fund 175.97, index 181.35Feb 2026, fund 176.56, index 182.68Mar 2026, fund 165.59, index 171.05Apr 2026, fund 181.22, index 187.45May 2026, fund 189.67, index 195.99Jun 2026, fund 187.78, index 194.58Jul 2026, fund 189.20, index 195.58Aug 2026, fund 194.69, index 201.35Sep 2026, fund 191.78, index 198.23
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. 70 monthly points from 31/12/2020 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.
Dec 2020, fund 100.00, index 100.00Jan 2021, fund 98.96, index 99.01Feb 2021, fund 101.50, index 101.54Mar 2021, fund 104.99, index 104.92Apr 2021, fund 110.08, index 109.80May 2021, fund 112.04, index 111.39Jun 2021, fund 113.61, index 113.05Jul 2021, fund 115.49, index 115.07Aug 2021, fund 118.59, index 117.94Sep 2021, fund 113.72, index 113.04Oct 2021, fund 120.22, index 119.44Nov 2021, fund 118.06, index 116.82Dec 2021, fund 123.30, index 121.82Jan 2022, fund 116.93, index 115.37Feb 2022, fund 114.18, index 112.45Mar 2022, fund 117.29, index 115.54Apr 2022, fund 107.86, index 105.94May 2022, fund 107.88, index 106.02Jun 2022, fund 98.67, index 96.84Jul 2022, fund 106.69, index 104.53Aug 2022, fund 102.11, index 100.16Sep 2022, fund 92.56, index 90.85Oct 2022, fund 99.90, index 97.87Nov 2022, fund 106.30, index 104.14Dec 2022, fund 101.59, index 99.72Jan 2023, fund 108.89, index 106.77Feb 2023, fund 106.28, index 104.21Mar 2023, fund 109.52, index 107.43Apr 2023, fund 111.43, index 109.31May 2023, fund 110.44, index 108.22Jun 2023, fund 116.78, index 114.76Jul 2023, fund 120.74, index 118.62Aug 2023, fund 117.25, index 115.79Sep 2023, fund 111.97, index 110.79Oct 2023, fund 108.64, index 107.58Nov 2023, fund 118.86, index 117.66Dec 2023, fund 124.69, index 123.44Jan 2024, fund 126.25, index 124.92Feb 2024, fund 131.12, index 130.22Mar 2024, fund 134.39, index 134.36Apr 2024, fund 129.09, index 129.41May 2024, fund 134.62, index 135.19Jun 2024, fund 137.29, index 137.94Jul 2024, fund 139.60, index 140.37Aug 2024, fund 143.74, index 144.08Sep 2024, fund 146.31, index 146.72Oct 2024, fund 143.07, index 143.81Nov 2024, fund 149.19, index 150.40Dec 2024, fund 145.52, index 146.48Jan 2025, fund 149.66, index 151.65Feb 2025, fund 148.55, index 150.56Mar 2025, fund 141.65, index 143.86Apr 2025, fund 142.87, index 145.14May 2025, fund 151.01, index 153.73Jun 2025, fund 157.60, index 160.36Jul 2025, fund 159.57, index 162.43Aug 2025, fund 163.54, index 166.66Sep 2025, fund 168.37, index 172.02Oct 2025, fund 172.14, index 175.47Nov 2025, fund 171.80, index 175.96Dec 2025, fund 173.15, index 177.38Jan 2026, fund 175.97, index 181.35Feb 2026, fund 176.56, index 182.68Mar 2026, fund 165.59, index 171.05Apr 2026, fund 181.22, index 187.45May 2026, fund 189.67, index 195.99Jun 2026, fund 187.78, index 194.58Jul 2026, fund 189.20, index 195.58Aug 2026, fund 194.69, index 201.35Sep 2026, fund 191.78, index 198.23
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 | +2.13 | +15.82 | +10.76 | +13.90 | +19.65 | +11.02 | — | +11.99 |
| MSCI World (USD) NTR | -1.55 | +1.88 | +15.89 | +11.75 | +15.24 | +21.40 | +11.89 | — | +12.64 |
| Excess Return | +0.05 | +0.25 | -0.08 | -0.99 | -1.33 | -1.76 | -0.87 | — | -0.65 |
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 | +23.30 | -17.61 | +22.74 | +16.70 | +18.99 | +10.76 |
| MSCI World (USD) NTR | +21.82 | -18.14 | +23.79 | +18.67 | +21.09 | +11.75 |
| Excess Return | +1.48 | +0.54 | -1.05 | -1.97 | -2.11 | -0.99 |
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.
Risk-adjusted performance
| Since inception | |
|---|---|
| Active risk | 0.80% |
| Upside capture ratio | 98.32 |
| Downside capture ratio | 99.91 |
| Information ratio | -0.81 |
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 D USD
KIID PRIIPs - Osmosis Developed Core Equity Transition Fund - Class D USD
Prospectus - Osmosis ICAV
Supplement - Osmosis Developed Core Equity Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Transition Fund
Latest commentary
Latest commentary
