Funds and prices
Overview
This actively managed, defensive equity fund invests in companies from the US that are expected to offer a high yield from share buybacks and dividends.
The fund focuses on quality factors to exclude low quality stocks, including the company’s ability to pay stable or growing dividends.
The fund aims to generate additional income through call overwriting.
The strategy is based on a quantitative model.
蜜豆视频 Asset Management classifies this fund as a Sustainability Focus Fund, which promotes environmental and social characteristics in accordance with SFDR Article 8. The research and portfolio construction processes incorporate ESG risk integration and screening and comply with 蜜豆视频 Asset Management Sustainability exclusion policy. For more information on Sustainability at 蜜豆视频, please refer to www.ubs.com/am-si-commitment.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and CHF is largely hedged.
Benefits
Easy access to a high quality, defensive US equity portfolio which aims to provide some downside cushion during market corrections.
Strong income component generated from share buybacks, dividends and call option premiums.
Investors can profit from a portfolio that seeks optimal diversification - low single stock weights and broad sector allocations.
Experienced investment team with a solid track record in running both US equity and equity yield strategies.
Risks
Features
Product category |
蜜豆视频 Equity Funds
蜜豆视频 Country & Regional Funds |
Product domicile |
Luxembourg
|
Portfolio management |
蜜豆视频 Asset Management
|
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
|
Day of inception |
September 17, 2015
|
Currency of account |
USD
|
Currency of unit class |
CHF
|
Close of financial year |
May 31
|
Issue / redemption |
daily
|
Distribution |
Reinvestment
|
Maturity |
Open end
|
Management fee |
0.82% p.a.
|
Total expense ratio (TER) |
1.10% p.a.
|
Swing pricing |
yes
|
Minimum investment |
n.a.
|
Reference Index / Benchmark |
MSCI USA (net. div. reinv.) (hedged CHF)
|
ISIN |
LU1240788221
|
Bloomberg Ticker |
UBUICQA LX
|
Performance and Prices
Percentage growth
as of April 3, 2024CHF(%) | EUR(%) | |
YTD | ||
1M | ||
3M | ||
6M | ||
1Y | 8.52 | 10.01 |
2Y | ||
3Y | 14.26 | 29.29 |
5Y | 32.14 | 50.88 |
ø p.a.5Y | 5.73 | 8.57 |
Current data
Net asset value | 03.04.2024 | CHF 167.64 |
High - last 12 months | 28.03.2024 | CHF 169.30 |
Low - last 12 months | 27.10.2023 | CHF 145.83 |
Assets of the unit class in mn | 03.04.2024 | CHF 3.25 |
Total product assets in mn | 03.04.2024 | CHF 1,238.21 |
Indicative current equity yield | 29.02.2024 | 11.20% |
Date
|
2 years
|
5 years
|
|
Total risk reference index / benchmark | 29.02.2024 | 19.89% | 18.72% |
Sharpe Ratio | 29.02.2024 | 0.03 | 0.39 |
Risk Free Rate | 31.03.2024 | 0.87% | -0.06% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)
|
|
General Electric Co | 3.36 |
Hartford Financial Services Group Inc/The | 3.35 |
Home Depot Inc/The | 3.34 |
Visa Inc | 3.12 |
Cognizant Technology Solutions Corp | 3.09 |
Chevron Corp | 3.03 |
NetApp Inc | 3.02 |
Cardinal Health Inc | 3.01 |
General Mills Inc | 2.98 |
HCA Healthcare Inc | 2.95 |
Fees
Distributions
Authorisations
Literature
Document type
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Document Language
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Prospectus |
|
|
Key Information Document |
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Past performance |
|
|
Previous performance scenario |
|
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Statutes / Management regulations |
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ESG Disclosure |
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Document type
|
Document Language
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|
Annual report |
|
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Semi-annual report |
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