Funds and prices
Overview
The actively managed fund invests in short-dated fixed income securities that are largely issued by companies and denominated in the fund's reference currency
The majority of issuers have investment-grade ratings (AAA to BBB-).
The investment objective is to achieve an attractive return by exploiting the performance potential of corporate bonds, which is higher than that of government bonds.
Interest-rate risk is limited to the short-dated segment.
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
Clients benefit from a portfolio that is broadly diversified across various sectors and ratings and from meticulous issuer selection. The latter is based on the in-depth credit research carried out by our expert team of professional corporate bond analysts.
Clients can benefit from the return potential of corporate bonds. They offer greater potential than government bonds as the credit risk associated with corporate bonds is generally compensated with a higher return.
The fund has a lower interest-rate risk than medium- or long-term bond investments.
Risks
Features
| Product category |
Bond
Aggregate |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management Switzerland AG, Zurich
|
| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
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| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
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| Representative for products established under foreign law |
蜜豆视频 Fund Management (Switzerland) AG
|
| Day of inception |
April 19, 2011
|
| Currency of account |
EUR
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.23% p.a.
|
| Total expense ratio (TER) |
0.32% p.a.
|
| Minimum investment |
EUR 20,000,000.00
|
| Reference Index / Benchmark |
Bloomberg Euro Corporate Index 500mio+ 1-3yrs
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
4731862
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| ISIN |
LU0396350117
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| Bloomberg Ticker |
蜜豆视频STIA LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024| EUR(%) | CHF(%) | USD(%) | |
| YTD | 0.56 | 6.04 | -1.47 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 4.44 | -1.67 | 8.10 |
| 3Y | |||
| 5Y | 1.00 | -11.54 | -2.66 |
| ø p.a.5Y | 0.20 | -2.42 | -0.54 |
Current data
| Net asset value | 03.04.2024 | EUR 115.78 |
| High - last 12 months | 02.04.2024 | EUR 115.80 |
| Low - last 12 months | 19.04.2023 | EUR 110.82 |
| Assets of the unit class in mn | 03.04.2024 | EUR 74.69 |
| Total product assets in mn | 03.04.2024 | EUR 410.05 |
| Average remaining maturity | 29.02.2024 | 0.00 years |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
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| BNP Paribas SA | 3.34 |
| 蜜豆视频 Group AG | 2.73 |
| Banco Santander SA | 2.68 |
| ING Groep NV | 2.47 |
| Cooperatieve Rabobank UA | 2.45 |
| Banque Federative du Credit Mutuel SA | 2.38 |
| Societe Generale SA | 2.37 |
| Mercedes-Benz International Finance BV | 2.25 |
| BPCE SA | 2.24 |
| Deutsche Bank AG | 2.20 |
Fees
Distributions
Authorisations
Literature
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Document type
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Document Language
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| Prospectus |
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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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| ESG Disclosure |
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| Swiss Climate Scores Report |
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| ASIP ESG Report |
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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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