Osmosis Developed Core Equity Transition Fund
ISIN
IE00BKS7KY65
INCEPTION DATE
11/11/2019
DOMICILE
Ireland
SFDR
Article 8
NAV (as at 30/09/2026)
€22.59
NAV MONTHLY CHG
+0.78%
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 EUR
- AMC
- 0.25%
- TER
- 0.37%
- Benchmark
- MSCI World (EUR) NTR
- Class Currency
- EUR
- Dealing
- Daily
- Fund Size
- $1614.81m
- Bloomberg
- OMWSBDE
- 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. 83 monthly points from 29/11/2019 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.
Nov 2019, fund 100.00, index 100.00Dec 2019, fund 101.10, index 101.17Jan 2020, fund 101.47, index 101.85Feb 2020, fund 93.70, index 94.07Mar 2020, fund 82.10, index 81.71Apr 2020, fund 90.71, index 90.80May 2020, fund 93.58, index 93.72Jun 2020, fund 95.47, index 95.28Jul 2020, fund 95.12, index 94.83Aug 2020, fund 101.16, index 100.02Sep 2020, fund 98.99, index 98.49Oct 2020, fund 96.67, index 96.11Nov 2020, fund 105.93, index 105.56Dec 2020, fund 108.16, index 107.57Jan 2021, fund 107.80, index 107.26Feb 2021, fund 110.66, index 110.11Mar 2021, fund 118.22, index 117.50Apr 2021, fund 121.01, index 120.06May 2021, fund 121.71, index 120.50Jun 2021, fund 126.78, index 125.47Jul 2021, fund 128.88, index 127.73Aug 2021, fund 132.95, index 131.50Sep 2021, fund 129.85, index 128.38Oct 2021, fund 137.47, index 135.85Nov 2021, fund 138.80, index 136.61Dec 2021, fund 143.48, index 140.99Jan 2022, fund 138.03, index 135.46Feb 2022, fund 134.52, index 131.78Mar 2022, fund 139.50, index 136.68Apr 2022, fund 135.30, index 132.18May 2022, fund 133.27, index 130.27Jun 2022, fund 124.90, index 121.92Jul 2022, fund 138.46, index 134.93Aug 2022, fund 134.38, index 131.10Sep 2022, fund 125.03, index 122.06Oct 2022, fund 132.87, index 129.48Nov 2022, fund 136.62, index 133.12Dec 2022, fund 125.96, index 122.98Jan 2023, fund 132.69, index 129.40Feb 2023, fund 132.62, index 129.33Mar 2023, fund 133.40, index 130.15Apr 2023, fund 133.57, index 130.32May 2023, fund 137.09, index 133.61Jun 2023, fund 141.65, index 138.45Jul 2023, fund 144.92, index 141.61Aug 2023, fund 142.95, index 140.42Sep 2023, fund 139.95, index 137.73Oct 2023, fund 136.01, index 133.96Nov 2023, fund 144.16, index 141.94Dec 2023, fund 149.37, index 147.08Jan 2024, fund 153.80, index 151.37Feb 2024, fund 160.34, index 158.38Mar 2024, fund 164.67, index 163.75Apr 2024, fund 159.76, index 159.30May 2024, fund 164.10, index 163.90Jun 2024, fund 169.52, index 169.40Jul 2024, fund 170.72, index 170.74Aug 2024, fund 171.84, index 171.32Sep 2024, fund 173.49, index 173.03Oct 2024, fund 174.39, index 174.35Nov 2024, fund 186.92, index 187.43Dec 2024, fund 185.97, index 186.20Jan 2025, fund 190.51, index 192.02Feb 2025, fund 189.02, index 190.55Mar 2025, fund 173.53, index 175.29Apr 2025, fund 166.32, index 168.05May 2025, fund 176.03, index 178.24Jun 2025, fund 177.66, index 179.81Jul 2025, fund 184.50, index 186.79Aug 2025, fund 184.89, index 187.41Sep 2025, fund 189.62, index 192.70Oct 2025, fund 197.36, index 200.10Nov 2025, fund 195.90, index 199.57Dec 2025, fund 195.09, index 198.80Jan 2026, fund 195.74, index 200.65Feb 2026, fund 197.89, index 203.65Mar 2026, fund 190.17, index 195.40Apr 2026, fund 204.42, index 210.33May 2026, fund 215.07, index 221.06Jun 2026, fund 217.33, index 224.01Jul 2026, fund 217.59, index 223.74Aug 2026, fund 221.68, index 228.05Sep 2026, fund 223.41, index 229.71
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. 83 monthly points from 29/11/2019 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.
Nov 2019, fund 100.00, index 100.00Dec 2019, fund 101.10, index 101.17Jan 2020, fund 101.47, index 101.85Feb 2020, fund 93.70, index 94.07Mar 2020, fund 82.10, index 81.71Apr 2020, fund 90.71, index 90.80May 2020, fund 93.58, index 93.72Jun 2020, fund 95.47, index 95.28Jul 2020, fund 95.12, index 94.83Aug 2020, fund 101.16, index 100.02Sep 2020, fund 98.99, index 98.49Oct 2020, fund 96.67, index 96.11Nov 2020, fund 105.93, index 105.56Dec 2020, fund 108.16, index 107.57Jan 2021, fund 107.80, index 107.26Feb 2021, fund 110.66, index 110.11Mar 2021, fund 118.22, index 117.50Apr 2021, fund 121.01, index 120.06May 2021, fund 121.71, index 120.50Jun 2021, fund 126.78, index 125.47Jul 2021, fund 128.88, index 127.73Aug 2021, fund 132.95, index 131.50Sep 2021, fund 129.85, index 128.38Oct 2021, fund 137.47, index 135.85Nov 2021, fund 138.80, index 136.61Dec 2021, fund 143.48, index 140.99Jan 2022, fund 138.03, index 135.46Feb 2022, fund 134.52, index 131.78Mar 2022, fund 139.50, index 136.68Apr 2022, fund 135.30, index 132.18May 2022, fund 133.27, index 130.27Jun 2022, fund 124.90, index 121.92Jul 2022, fund 138.46, index 134.93Aug 2022, fund 134.38, index 131.10Sep 2022, fund 125.03, index 122.06Oct 2022, fund 132.87, index 129.48Nov 2022, fund 136.62, index 133.12Dec 2022, fund 125.96, index 122.98Jan 2023, fund 132.69, index 129.40Feb 2023, fund 132.62, index 129.33Mar 2023, fund 133.40, index 130.15Apr 2023, fund 133.57, index 130.32May 2023, fund 137.09, index 133.61Jun 2023, fund 141.65, index 138.45Jul 2023, fund 144.92, index 141.61Aug 2023, fund 142.95, index 140.42Sep 2023, fund 139.95, index 137.73Oct 2023, fund 136.01, index 133.96Nov 2023, fund 144.16, index 141.94Dec 2023, fund 149.37, index 147.08Jan 2024, fund 153.80, index 151.37Feb 2024, fund 160.34, index 158.38Mar 2024, fund 164.67, index 163.75Apr 2024, fund 159.76, index 159.30May 2024, fund 164.10, index 163.90Jun 2024, fund 169.52, index 169.40Jul 2024, fund 170.72, index 170.74Aug 2024, fund 171.84, index 171.32Sep 2024, fund 173.49, index 173.03Oct 2024, fund 174.39, index 174.35Nov 2024, fund 186.92, index 187.43Dec 2024, fund 185.97, index 186.20Jan 2025, fund 190.51, index 192.02Feb 2025, fund 189.02, index 190.55Mar 2025, fund 173.53, index 175.29Apr 2025, fund 166.32, index 168.05May 2025, fund 176.03, index 178.24Jun 2025, fund 177.66, index 179.81Jul 2025, fund 184.50, index 186.79Aug 2025, fund 184.89, index 187.41Sep 2025, fund 189.62, index 192.70Oct 2025, fund 197.36, index 200.10Nov 2025, fund 195.90, index 199.57Dec 2025, fund 195.09, index 198.80Jan 2026, fund 195.74, index 200.65Feb 2026, fund 197.89, index 203.65Mar 2026, fund 190.17, index 195.40Apr 2026, fund 204.42, index 210.33May 2026, fund 215.07, index 221.06Jun 2026, fund 217.33, index 224.01Jul 2026, fund 217.59, index 223.74Aug 2026, fund 221.68, index 228.05Sep 2026, fund 223.41, index 229.71
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 | +0.78 | +2.80 | +17.48 | +14.52 | +17.82 | +16.87 | +11.46 | — | +12.48 |
| MSCI World (EUR) NTR | +0.73 | +2.55 | +17.56 | +15.55 | +19.21 | +18.59 | +12.34 | — | +12.94 |
| Excess Return | +0.05 | +0.25 | -0.08 | -1.03 | -1.39 | -1.72 | -0.88 | — | -0.46 |
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 | +32.66 | -12.21 | +18.59 | +24.50 | +4.91 | +14.52 |
| MSCI World (EUR) NTR | +31.07 | -12.78 | +19.60 | +26.60 | +6.77 | +15.55 |
| Excess Return | +1.59 | +0.57 | -1.01 | -2.10 | -1.86 | -1.03 |
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 | 0.95% |
| Upside capture ratio | 97.43 |
| Downside capture ratio | 99.58 |
| Information ratio | -0.48 |
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 D EUR
KIID PRIIPs - Osmosis Developed Core Equity Transition Fund - Class D EUR
Prospectus - Osmosis ICAV
Supplement - Osmosis Developed Core Equity Transition Fund
Article 8 Annex - Osmosis Developed Core Equity Transition Fund
Latest commentary
Latest commentary
