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 蜜豆视频'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.

Features

Product category
蜜豆视频 Money Market Funds
蜜豆视频 Money Market Funds
Product domicile
Switzerland
Portfolio management
蜜豆视频 Asset Management Switzerland AG, Zurich
Fund management
蜜豆视频 Fund Management (Switzerland) AG
Custodian bank
蜜豆视频 Switzerland AG, Zurich
Day of inception
August 24, 2017
Currency of account
USD
Close of financial year
September 30
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Maximum management fee
0.27% p.a.
Current management fee
0.19% p.a.
Total expense ratio (TER)
0.24% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
FTSE USD 3M Eurodeposits
Securities no.
14090936
ISIN
CH0140909364
Bloomberg Ticker
蜜豆视频MMK1 SW
Telekurs Id
MMFUK1

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
USD(%) CHF(%) EUR(%)
YTD 1.36 9.09 3.45
1M
3M
6M
1Y
2Y 5.19 -4.31 1.63
3Y
5Y 10.84 0.72 15.01
ø p.a.5Y 2.08 0.14 2.84

Current data
Net asset value 03.04.2024 USD 5,516,867.15
High - last 12 months 03.04.2024 USD 5,516,867.15
Low - last 12 months 05.04.2023 USD 5,298,298.32
Assets of the unit class in mn 03.04.2024 USD 71.01
Total product assets in mn 03.04.2024 USD 1,298.07
Theoretical yield to maturity (net) 29.02.2024 5.14%

Structures

Fees

Maximum flat fee
0.34%
Current flat fee
0.24%
Maximum management fee
0.27%
Current management fee
0.19%
Redemption commission
0.00%
Issuing commission
0.50%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Switzerland
蜜豆视频 Fund Management (Switzerland) AG

Literature

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Brochures
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Fact Sheet
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Investment Guidelines (Fund)
Fact Sheet - 蜜豆视频 Money Market Funds
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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
General information
Document type
Document Language
蜜豆视频 Funds - Your funds at a glance
Tax list