Funds and prices

Overview

Diversified, high quality portfolio of money market instruments, denominated in the fund's currency with no cross currency exposure anticipated (fully hedged if required).

Principal investment objective to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency.

Classified as 'Money Market Fund' by the common European money market fund definition.

Portfolio's average residual term to maturity may not exceed one year.

Benefits

Conservatively positioned with an investment objective to preserve invested capital.

Well diversified portfolio of high quality money market instruments.

Actively managed by experienced specialists, supported by in-house credit researchers.

Low NAV volatility (variable NAV).

Daily subscriptions and redemptions.

Competitive money market yields.

Benefiting from ÃÛ¶¹ÊÓƵ's money market purchasing power.

Risks

The funds invest in money market instruments and may therefore be subject to volatility. For funds following the mark-to-market approach the value of a unit may fall below the purchase price. Changes in interest rates have an effect on the value of the portfolio. The funds might use derivatives which can reduce investor risks or give rise to market risks as well as potential loss due to failure of counterparty. High-grade investment instruments are usually subject to a low credit risk (i.e. potential loss due to failure of issuer). Every fund reveals specific risks. These aspects require corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Money Market
USD
Product domicile
Switzerland
Portfolio management
ÃÛ¶¹ÊÓƵ Asset Management Switzerland AG, Zurich
Fund management
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
Custodian bank
ÃÛ¶¹ÊÓƵ Switzerland AG, Zurich
Day of inception
December 7, 2011
Currency of account
USD
Close of financial year
September 30
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Current management fee
0.14% p.a.
Maximum management fee
0.22% p.a.
Total expense ratio (TER)
0.18% p.a.
Minimum investment
USD 5,000,000.00
Reference Index / Benchmark
FTSE USD 3M Eurodeposits
Cut-Off Time
15:00h (CET)
Securities no.
14090931
ISIN
CH0140909315
Bloomberg Ticker
UMMUIM1 SW
Telekurs Id
MMFUIM1

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
USD(%) CHF(%) EUR(%)
YTD 1.37 9.10 3.47
1M
3M
6M
1Y
2Y 5.26 -4.25 1.69
3Y
5Y 11.07 0.93 15.25
ø p.a.5Y 2.12 0.19 2.88

Current data

Net asset value 03.04.2024 USD 1,106.51
High - last 12 months 03.04.2024 USD 1,106.51
Low - last 12 months 05.04.2023 USD 1,062.62
Assets of the unit class in mn 03.04.2024 USD 78.22
Total product assets in mn 03.04.2024 USD 1,298.07
Average remaining maturity 29.02.2024 85.93 days

Structures

By the 10 largest positions (in %, as of February 29, 2024)

 
 
JYBC ECP 0 06 Mar 2024 P-1/A-1/NR 3.14
BMO ECP 0 09 Aug 2024 P-1/A-1/F1+ 3.06
EUROF ECP 0 16 Apr 2024 P-1/A-1+/NR 2.73
BREDBQ ECP 0 03 May 2024 P-1/A-1/F1 2.72
KBCLON ECD 5.4500 20 May 2024 P1/A-1 2.36
SUMIBK ECD 0 12 Apr 2024 A1/A/A 2.34
ALVGR ECP 0.0000 02 May 2024 P1/A-1+ 2.33
CM ECD 0 10 May 2024 A1/A+/AA- 2.33
OPBANK ECP 0 12 Jun 2024 P-1/A-1+/NR 2.32
ANZ ECP 0 12 Jul 2024 P-1/A-1+/F1+ 2.31

Fees

Maximum flat fee
0.2800%
Current flat fee
0.1800%
Maximum management fee
0.2200%
Current management fee
0.1400%

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Switzerland
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG

Literature

Brochures
Document type
Document Language
Fact Sheet
Investment Guidelines (Fund)
Fact Sheet - Money Market
Fact Sheet - USD
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
ASIP ESG Report
Annual and semi-annual report (accounting on September 30)
Document type
Document Language
Annual report
Semi-annual report