Funds and prices
Overview
Active currency Fund investing across both developed and emerging market currencies, primarily through derivative instruments for efficiency.
Targeting returns of cash +10% over a full market cycle, with a long-term expected volatility of 20% p.a.
The portfolio manager relies on skill and active management, to capture opportunities arising from currency misvaluations, independent of market direction.
The Fund has a fundamental value-led approach that is disciplined and entirely discretionary.
Benefits
Able to achieve attractive returns irrespective of market direction.
Complementary allocation to the majority of asset classes, helping improve the risk-return profile of a typical multi-asset, multi-manager or fund-of-funds portfolio.
The Fund’s philosophy and approach has historically achieved strong returns through periods of equity market weakness.
Offers daily liquidity and is managed in accordance with UCITS rules and guidelines.
Continuity of portfolio management team since inception, benefiting from the support of a broad, well-resourced research and investment solutions team.
Risks
Features
Product category |
Global Tactical Asset Allocation
CARS – Currency Allocation Return Strategy |
Product domicile |
Ireland
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Portfolio management |
ÃÛ¶¹ÊÓƵ Asset Management Switzerland AG, Zurich
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Fund management |
ÃÛ¶¹ÊÓƵ Fund Management (Ireland) Limited, Dublin 2
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Custodian bank |
J.P. Morgan Bank (Ireland) Plc
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Representative for products established under foreign law |
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
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Day of inception |
September 20, 2018
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Currency of account |
GBP
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Close of financial year |
September 30
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Issue / redemption |
daily
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Distribution |
Reinvestment
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Maturity |
Open end
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Management fee |
0.00% p.a.
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Total expense ratio (TER) |
0.12% p.a.
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Swing pricing |
yes
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Minimum investment |
n.a.
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Reference Index / Benchmark |
FTSE World MM Ind. Ser. - GBP 1 Mth. EUR Dep.
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Securities no. |
42944862
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ISIN |
IE00BF0XJD94
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Bloomberg Ticker |
UBCGUBA ID
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Performance and Prices
Percentage growth
as of April 2, 2024GBP(%) | CHF(%) | EUR(%) | USD(%) | |
YTD | -7.03 | -1.31 | -5.96 | -8.35 |
1M | ||||
3M | ||||
6M | ||||
1Y | ||||
2Y | 5.29 | 1.51 | 7.81 | 11.58 |
3Y | ||||
5Y | -10.78 | -21.91 | -10.56 | -13.95 |
ø p.a.5Y | -2.26 | -4.83 | -2.21 | -2.96 |
Current data
Net asset value | 02.04.2024 | GBP 89,337.16 |
High - last 12 months | 19.07.2023 | GBP 96,998.21 |
Low - last 12 months | 02.05.2023 | GBP 85,642.23 |
Assets of the unit class in mn | 02.04.2024 | GBP 337.37 |
Total product assets in mn | 02.04.2024 | GBP 351.47 |
Date
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2 years
|
5 years
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Total risk reference index / benchmark | 29.02.2024 | 0.49% | 0.55% |
Sharpe Ratio | 29.02.2024 | -0.61 | -0.23 |
Risk Free Rate | 31.03.2024 | 3.71% | 1.71% |
Structures
Fees
Distributions
Authorisations
Literature
Document type
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Document Language
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Prospectus |
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Supplement |
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Key Information Document |
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Past performance |
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Previous performance scenario |
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Statutes / Management regulations |
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Document type
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Document Language
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Annual report |
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Semi-annual report |
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