Changes in OP Fund Management Company's balanced funds

Press Release

31 January 2012 at 9.00 am (EET)



Changes in OP Fund Management Company's balanced funds



Changes will be made in OP Fund Management Company's balanced funds as of 8 March 2012, which will affect the funds' names, rules and investment policies. The changes will be implemented through mergers and amendments of fund rules. The present unitholders of balanced funds will automatically become unitholders in the new funds, and there will be no tax consequences.

"The new funds will be very customer-friendly and the management fees will mostly go down," says Samuli Sipilä, Managing Director of OP Fund Management Company.



The investment scope will change from the euro area to worldwide. A higher grade of diversification will increase the possibility of higher profit at lower risk.

"In future, investments can be made all over the world. The range of investment instruments will also be extended and it will be possible for funds to invest in derivatives and ETFs. It will also be possible to invest in the wide range of funds offered by our partners Fidelity and JP Morgan," says Mr Sipilä.



For more information, please contact: Samuli Sipilä, Managing Director of OP Fund Management Company Ltd, Tel. 010 252 7196





OP-Pohjola Group is Finland's leading financial services group providing a unique range of banking, investment and insurance services. The Group's mission is to promote the sustainable prosperity, well-being and security of its owner-members, customers and operating regions through its local presence. Its objective is to offer the best and most versatile package of loyal customer benefits on the market. OP-Pohjola Group consists of about 200 member cooperative banks and the Group's central institution, OP-Pohjola Group Central Cooperative, with its subsidiaries and closely-related companies, the largest of which is the listed company Pohjola Bank plc. The Group has over 12,000 personnel.



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