Funds and prices
Overview
The actively managed fund invests primarily in securities denominated in USD and local currencies issued by Asian economies/borrowers (ex Japan).
Country selection, credit ratings and interest rate and currency risks are actively managed in order to benefit from market volatility.
When markets are rising, the fund aims to achieve relatively high returns, whereas it proactively reduces and/or hedges high-risk assets to protect against price losses in anticipation of a downswing.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and EUR is largely hedged.
Benefits
This diversified bond portfolio can be used to participate in the opportunities on the Asian market for fixed-income securities.
The fund is actively managed in accordance with market conditions. This allows the portfolio to be dynamically adjusted throughout market cycles.
Risks
Features
Product category |
ÃÛ¶¹ÊÓƵ Bond Funds
ÃÛ¶¹ÊÓƵ Classic Bond Funds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management (Hong Kong) Ltd., Hong Kong
|
Fund management |
ÃÛ¶¹ÊÓƵ Fund Management (Luxembourg) S.A., Luxembourg
|
Custodian bank |
ÃÛ¶¹ÊÓƵ Europe SE, Luxembourg Branch
|
Tax representative |
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
|
Day of inception |
September 10, 2015
|
Currency of account |
EUR
|
Close of financial year |
March 31
|
Issue / redemption |
daily
|
Maturity |
Open end
|
Management fee |
0.66% p.a.
|
Total expense ratio (TER) |
0.92% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
JP Morgan Asia Credit Index (hedged EUR)
|
ISIN |
LU0464251890
|
Bloomberg Ticker |
ÃÛ¶¹ÊÓƵEHQD LX
|
Performance and Prices
Percentage growth
as of April 3, 2024EUR(%) | |
YTD | |
1M | |
3M | |
6M | |
1Y | 1.36 |
2Y | |
3Y | -19.43 |
5Y | -11.48 |
ø p.a.5Y | -2.41 |
Current data
Net asset value | 03.04.2024 | EUR 72.06 |
High - last 12 months | 06.04.2023 | EUR 77.79 |
Low - last 12 months | 20.10.2023 | EUR 66.46 |
Last distribution | 06.06.2023 | EUR 5.84 |
Assets of the unit class in mn | 03.04.2024 | EUR 1.78 |
Total product assets in mn | 03.04.2024 | EUR 317.11 |
Theoretical yield to maturity (net) | 29.02.2024 | 5.43% |
Option Adjusted Duration | 29.02.2024 | 4.38 |
Average remaining maturity | 29.02.2024 | 6.42 years |
Structures
Fees
Distributions
Date of distribution
|
Pay date
|
Cps no.
|
Currency
|
Distribution
|
EU Savings Tax - Tax domicile other EU country
|
01.06.2023 | 06.06.2023 | 8 | EUR | 5.84 | n.a. |
Authorisations
Literature
Document type
|
Document Language
|
|
Prospectus |
|
|
Key Information Document |
|
|
Past performance |
|
|
Previous performance scenario |
|
|
Statutes / Management regulations |
|
|
ESG Disclosure |
|
|
Document type
|
Document Language
|
|
Annual report |
|
|
Semi-annual report |
|
|