Funds and prices

Overview

The Fund is actively managed and only invests in diversified, high quality money market instruments with a first class rating that exhibit a solid ESG profile (environmental, social and governance).

ÃÛ¶¹ÊÓƵ 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 ÃÛ¶¹ÊÓƵ Asset Management Sustainability exclusion policy. For more information on Sustainability at ÃÛ¶¹ÊÓƵ, please refer to www.ubs.com/am-si-commitment.

The weighted average maturity of the securities in the portfolio may not exceed 6 months, while the final maturity of any fixed interest rate investment may not exceed 1 year.

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

Principal investment objective to generate long-term performance consistent with prevailing market indices for money market instruments denominated in the fund's currency. At times of high market volatility, the fund's performance may diverge significantly from that of the benchmark.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

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.

Features

Product category
Money Market
EUR
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
Representative for products established under foreign law
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
Legal form
FCP
Day of inception
July 13, 2009
Currency of account
EUR
Close of financial year
October 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Current management fee
0.00% p.a.
Maximum management fee
0.00% p.a.
Total expense ratio (TER)
0.02% p.a.
Minimum investment
n.a.
Reference Index / Benchmark
FTSE EUR 3M Eurodeposits
Cut-Off Time
15:00h (CET)
Securities no.
4731701
ISIN
LU0395216871
Bloomberg Ticker
ÃÛ¶¹ÊÓƵMEUX LX

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
EUR(%) CHF(%) USD(%)
YTD 1.03 6.53 -1.02
1M
3M
6M
1Y
2Y 3.27 -2.76 6.89
3Y
5Y 2.73 -10.03 -1.00
ø p.a.5Y 0.54 -2.09 -0.20

Current data

Net asset value 03.04.2024 EUR 10,560.00
High - last 12 months 03.04.2024 EUR 10,560.00
Low - last 12 months 05.04.2023 EUR 10,177.98
Assets of the unit class in mn 03.04.2024 EUR 136.55
Total product assets in mn 03.04.2024 EUR 2,467.19

Structures

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

 
 
BNP ECP 0 14 Aug 2024 P-1/A-1/F1 2.91
JYBC ECP 0 28 Mar 2024 P-1/A-1/NR 2.40
RY ECD 0 07 May 2024 Aa1/AA-/AA 2.35
HSBC ECP 0 20 Aug 2024 P-1/A-1+/F1+ 2.05
INTNED ECP 0 11 Apr 2024 P-1/A-1/F1 1.97
BFCM ECP 0 21 May 2024 P-1/A-1/F1 1.96
TD ECP 0 29 Apr 2024 P-1/A-1+/F1+ 1.92
FRPTT ECP 0 28 Jun 2024 NR/A-1/F1 1.91
BHH ECP 0 17 Apr 2024 P-1/A-1/NR 1.85
ALVGR ECP 0.0000 15 May 2024 P1/A-1+ 1.57

Fees

Maximum flat fee
0.0000%
Current flat fee
0.0000%
Maximum management fee
0.0000%
Current management fee
0.0000%

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Cyprus
Bank of Cyprus Ltd.
Finland
ÃÛ¶¹ÊÓƵ AG, Stockholm
France
BNP PARIBAS Securities Services
Germany
ÃÛ¶¹ÊÓƵ Europe SE
Greece
Bank of Cyprus Ltd.
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
ÃÛ¶¹ÊÓƵ Fund Services (Luxembourg) S.A.
Netherlands
ÃÛ¶¹ÊÓƵ Investment Bank Nederland BV.
Norway
ÃÛ¶¹ÊÓƵ AG, Stockholm
Singapore
ÃÛ¶¹ÊÓƵ Asset Management (Singapore) Ltd.
Spain
ÃÛ¶¹ÊÓƵ Europe SE, sucursal en España
Sweden
ÃÛ¶¹ÊÓƵ AG, Stockholm
Switzerland
ÃÛ¶¹ÊÓƵ Fund Management (Switzerland) AG
United Kingdom
ÃÛ¶¹ÊÓƵ Asset Management (UK) Limited

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - Money Market
Fact Sheet - EUR
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
Annual and semi-annual report (accounting on October 31)
Document type
Document Language
Annual report
Semi-annual report