Funds and prices
Overview
This actively managed, defensive equity fund invests in companies from across the globe that offer a high dividend yield.
The fund aims to generate additional income through call overwriting.
The fund focuses on quality factors to exclude low quality stocks, including the company’s ability to pay stable or growing dividends.
Local currency risks are largely hedged versus USD.
The strategy is based on a quantitative model.
This fund promotes environmental and social characteristics and falls under SFDR Article 8(1).
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Easy access to a high quality, defensive equity portfolio which aims to provide some downside cushion during market corrections.
Strong income component generated from dividends and call option premiums.
Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and broad country and sector allocations.
Investors can largely avoid the impact from fluctuations of the local investment currencies versus USD.
Risks
Features
Product category |
ÃÛ¶¹ÊÓƵ Equity Funds
ÃÛ¶¹ÊÓƵ Country & Regional Funds |
Product domicile |
Luxembourg
|
Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management Switzerland AG, Zurich
|
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
|
Regulation |
UCITS
|
Legal form |
Unlimited
|
Day of inception |
February 25, 2014
|
Currency of account |
USD
|
Close of financial year |
May 31
|
Issue / redemption |
daily
|
Distribution |
Reinvestment
|
Maturity |
Open end
|
Management fee |
1.34% p.a.
|
Total expense ratio (TER) |
1.73% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
MSCI All Country World (net div. reinv.) (hedged USD)
|
ISIN |
LU1013383713
|
Bloomberg Ticker |
ÃÛ¶¹ÊÓƵGIUP LX
|
Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024USD(%) | EUR(%) | |
YTD | ||
1M | ||
3M | ||
6M | ||
1Y | 11.54 | 12.22 |
2Y | ||
3Y | 16.80 | 26.92 |
5Y | 21.88 | 26.46 |
ø p.a.5Y | 4.04 | 4.81 |
Current data
Net asset value | 03.04.2024 | USD 160.98 |
High - last 12 months | 28.03.2024 | USD 161.68 |
Low - last 12 months | 27.10.2023 | USD 139.97 |
Assets of the unit class in mn | 03.04.2024 | USD 25.52 |
Total product assets in mn | 03.04.2024 | USD 405.73 |
Indicative current equity yield | 29.02.2024 | 9.10% |
Date
|
2 years
|
5 years
|
|
Total risk reference index / benchmark | 29.02.2024 | 16.78% | 16.24% |
Sharpe Ratio | 29.02.2024 | 0.09 | 0.14 |
Risk Free Rate | 31.03.2024 | 4.15% | 2.15% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)
|
|
MediaTek Inc | 2.84 |
LyondellBasell Industries NV | 2.57 |
Johnson & Johnson | 2.49 |
Agricultural Bank of China Ltd | 2.49 |
International Business Machines Corp | 2.48 |
Dow Inc | 2.48 |
Kinder Morgan Inc | 2.47 |
AbbVie Inc | 2.44 |
Paychex Inc | 2.42 |
Verizon Communications Inc | 2.40 |
Fees
Distributions
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 |
|
|