Osmosis Developed Core Equity Transition Fund
ISIN
IE00BJDXDM13
INCEPTION DATE
05/10/2022
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
$19.69
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 B USD
- AMC
- 0.15%
- TER
- 0.27%
- Benchmark
- MSCI World (USD) NTR
- Class Currency
- USD
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OSRECBU
- 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. 48 monthly points from 28/10/2022 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.
Oct 2022, fund 100.00, index 100.00Nov 2022, fund 106.42, index 106.40Dec 2022, fund 101.71, index 101.88Jan 2023, fund 109.04, index 109.09Feb 2023, fund 106.43, index 106.47Mar 2023, fund 109.68, index 109.76Apr 2023, fund 111.60, index 111.68May 2023, fund 110.62, index 110.57Jun 2023, fund 116.98, index 117.26Jul 2023, fund 120.96, index 121.20Aug 2023, fund 117.47, index 118.30Sep 2023, fund 112.19, index 113.20Oct 2023, fund 108.86, index 109.91Nov 2023, fund 119.12, index 120.22Dec 2023, fund 124.97, index 126.12Jan 2024, fund 126.54, index 127.63Feb 2024, fund 131.42, index 133.04Mar 2024, fund 134.72, index 137.28Apr 2024, fund 129.42, index 132.22May 2024, fund 134.97, index 138.12Jun 2024, fund 137.66, index 140.93Jul 2024, fund 139.99, index 143.42Aug 2024, fund 144.15, index 147.21Sep 2024, fund 146.74, index 149.90Oct 2024, fund 143.50, index 146.93Nov 2024, fund 149.66, index 153.67Dec 2024, fund 145.99, index 149.67Jan 2025, fund 150.15, index 154.95Feb 2025, fund 149.05, index 153.83Mar 2025, fund 142.14, index 146.98Apr 2025, fund 143.37, index 148.29May 2025, fund 151.56, index 157.07Jun 2025, fund 158.18, index 163.85Jul 2025, fund 160.17, index 165.96Aug 2025, fund 164.17, index 170.28Sep 2025, fund 169.03, index 175.76Oct 2025, fund 172.83, index 179.28Nov 2025, fund 172.51, index 179.78Dec 2025, fund 173.86, index 181.24Jan 2026, fund 176.71, index 185.29Feb 2026, fund 177.32, index 186.65Mar 2026, fund 166.30, index 174.76Apr 2026, fund 182.02, index 191.53May 2026, fund 190.51, index 200.24Jun 2026, fund 188.64, index 198.81Jul 2026, fund 190.07, index 199.83Aug 2026, fund 195.60, index 205.72Sep 2026, fund 192.70, index 202.54
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. 48 monthly points from 28/10/2022 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.
Oct 2022, fund 100.00, index 100.00Nov 2022, fund 106.42, index 106.40Dec 2022, fund 101.71, index 101.88Jan 2023, fund 109.04, index 109.09Feb 2023, fund 106.43, index 106.47Mar 2023, fund 109.68, index 109.76Apr 2023, fund 111.60, index 111.68May 2023, fund 110.62, index 110.57Jun 2023, fund 116.98, index 117.26Jul 2023, fund 120.96, index 121.20Aug 2023, fund 117.47, index 118.30Sep 2023, fund 112.19, index 113.20Oct 2023, fund 108.86, index 109.91Nov 2023, fund 119.12, index 120.22Dec 2023, fund 124.97, index 126.12Jan 2024, fund 126.54, index 127.63Feb 2024, fund 131.42, index 133.04Mar 2024, fund 134.72, index 137.28Apr 2024, fund 129.42, index 132.22May 2024, fund 134.97, index 138.12Jun 2024, fund 137.66, index 140.93Jul 2024, fund 139.99, index 143.42Aug 2024, fund 144.15, index 147.21Sep 2024, fund 146.74, index 149.90Oct 2024, fund 143.50, index 146.93Nov 2024, fund 149.66, index 153.67Dec 2024, fund 145.99, index 149.67Jan 2025, fund 150.15, index 154.95Feb 2025, fund 149.05, index 153.83Mar 2025, fund 142.14, index 146.98Apr 2025, fund 143.37, index 148.29May 2025, fund 151.56, index 157.07Jun 2025, fund 158.18, index 163.85Jul 2025, fund 160.17, index 165.96Aug 2025, fund 164.17, index 170.28Sep 2025, fund 169.03, index 175.76Oct 2025, fund 172.83, index 179.28Nov 2025, fund 172.51, index 179.78Dec 2025, fund 173.86, index 181.24Jan 2026, fund 176.71, index 185.29Feb 2026, fund 177.32, index 186.65Mar 2026, fund 166.30, index 174.76Apr 2026, fund 182.02, index 191.53May 2026, fund 190.51, index 200.24Jun 2026, fund 188.64, index 198.81Jul 2026, fund 190.07, index 199.83Aug 2026, fund 195.60, index 205.72Sep 2026, fund 192.70, index 202.54
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 | +2.15 | +15.87 | +10.83 | +14.00 | +19.76 | — | — | +18.23 |
| MSCI World (USD) NTR | -1.55 | +1.88 | +15.89 | +11.75 | +15.24 | +21.40 | — | — | +19.75 |
| Excess Return | +0.06 | +0.28 | -0.02 | -0.92 | -1.24 | -1.64 | — | — | -1.51 |
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 | — | +1.71 | +22.86 | +16.82 | +19.10 | +10.83 |
| MSCI World (USD) NTR | — | +1.88 | +23.79 | +18.67 | +21.09 | +11.75 |
| Excess Return | — | -0.17 | -0.92 | -1.85 | -2.00 | -0.92 |
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 | 0.81% |
| Upside capture ratio | 94.11 |
| Downside capture ratio | 113.19 |
| Information ratio | -1.88 |
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 B USD
KIID PRIIPs - Osmosis Developed Core Equity Transition Fund - Class B USD
Prospectus - Osmosis ICAV
Supplement - Osmosis Developed Core Equity Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Transition Fund
Latest commentary
Latest commentary
