Funds and prices
Overview
Actively managed equity portfolio investing in selected US companies.
Investments are focused on growth stocks.
The fund is diversified across various sectors.
Investments are primarily made in large-cap companies
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
The portfolio features companies that offer above-average growth potential compared to the overall market.
The portfolio seeks to diversify its risk across Elite, Classic, and Cyclical growth companies.
The fund is managed by a specialist growth investment team that has many years of success in managing investments.
Risks
蜜豆视频 Growth Funds invest in equities and may therefore be subject to high fluctuations in value. As these 蜜豆视频 funds pursue an active management style, each fund's performance can deviate substantially from that of its reference index. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk).
Features
| Product category |
蜜豆视频 Equity Funds
蜜豆视频 Growth Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (Americas) LLC, New York
|
| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
|
| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Tax representative |
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
|
| Regulation |
UCITS
|
| Legal form |
Unlimited
|
| Day of inception |
May 6, 2010
|
| Currency of account |
USD
|
| Currency of unit class |
EUR
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.86% p.a.
|
| Total expense ratio (TER) |
1.13% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
Russell 1000 Growth (net div. reinv.) (hedged EUR)
|
| ISIN |
LU0508198768
|
| Bloomberg Ticker |
UBUSAEQ LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024
Cumulative
| EUR(%) | |
| YTD | |
| 1M | |
| 3M | |
| 6M | |
| 1Y | 39.47 |
| 2Y | |
| 3Y | 20.37 |
| 5Y | 82.94 |
| ø p.a.5Y | 12.84 |
Current data
| Net asset value | 03.04.2024 | EUR 567.78 |
| High - last 12 months | 22.03.2024 | EUR 573.81 |
| Low - last 12 months | 25.04.2023 | EUR 399.98 |
| Assets of the unit class in mn | 03.04.2024 | EUR 20.15 |
| Total product assets in mn | 03.04.2024 | EUR 2,260.84 |
Statistical data
|
Date
|
2 years
|
5 years
|
|
| Total risk reference index / benchmark | 29.02.2024 | 23.17% | 20.76% |
| Sharpe Ratio | 29.02.2024 | 0.16 | 0.61 |
| Risk Free Rate | 31.03.2024 | 2.23% | 0.61% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)
|
|
|
| Microsoft Corp | 9.25 |
| Amazon Com Inc | 8.37 |
| Apple Inc | 6.75 |
| Nvidia Corporation | 6.42 |
| Meta Platforms Inc | 5.14 |
| Alphabet Inc | 4.71 |
| Mastercard Incorporated | 4.38 |
| Eli Lilly & Co | 3.44 |
| Advanced Micro Devices Inc | 2.69 |
| Salesforce Inc | 2.29 |
Fees
Flat fee
1.07%
Management fee p.a.
0.86%
Max. issuing commission
5.00%
Max. redemption commission
0.00%
Distribution fee
(see info)
Distributions
No distributions. Continuous reinvestment of income.
Authorisations
Literature
Brochures
Agreement / Prospectus
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Statutes / Management regulations |
|
|
| ESG Disclosure |
|
|
Annual and semi-annual report (accounting on May 31)
|
Document type
|
Document Language
|
|
| Annual report |
|
|
| Semi-annual report |
|
|
