Funds and prices
Overview
The actively managed fund invests primarily in USD-denominated investment-grade bonds.
The fund focuses on careful security and sector selection as well as active duration management.
The investment objective is to achieve an attractive return based on the performance of the USD corporates market.
The fund is appropriate for investors seeking to achieve an attractive return with a broadly diversified USD portfolio of corporate bonds.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
Benefits
Clients benefit from the return potential of corporate bonds, which is higher than that of government bonds.
Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.
Risk is kept in check via meticulous company analysis and broad diversification of the portfolio.
The fund is particularly appropriate for clients with a medium-term investment horizon who are willing to take on more risk than for investments in government bonds in order to benefit from potentially attractive returns.
Risks
Features
| Product category |
Bond
Corporates |
| Product domicile |
Luxembourg
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| Portfolio management |
蜜豆视频 Asset Management (Americas) LLC, New York
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| 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
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| Day of inception |
October 13, 2014
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| Currency of account |
USD
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| Close of financial year |
May 31
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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 |
0.24% p.a.
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| Total expense ratio (TER) |
0.40% p.a.
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| Minimum investment |
n.a.
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| Reference Index / Benchmark |
Bloomberg US Corporate Investment Grade Index
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
4732003
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| ISIN |
LU0396367608
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| Bloomberg Ticker |
UUCUIA3 LX
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Performance and Prices
Percentage growth
as of April 3, 2024| USD(%) | CHF(%) | EUR(%) | |
| YTD | -0.83 | 6.73 | 1.22 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 9.87 | -0.05 | 6.15 |
| 3Y | |||
| 5Y | 9.52 | -0.48 | 13.64 |
| ø p.a.5Y | 1.84 | -0.10 | 2.59 |
Current data
| Net asset value | 03.04.2024 | USD 125.19 |
| High - last 12 months | 01.02.2024 | USD 127.05 |
| Low - last 12 months | 19.10.2023 | USD 113.27 |
| Assets of the unit class in mn | 03.04.2024 | USD 17.77 |
| Total product assets in mn | 03.04.2024 | USD 373.58 |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
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| Bank of America Corp | 3.70 |
| Morgan Stanley | 2.70 |
| JPMorgan Chase & Co | 2.34 |
| Citigroup Inc | 2.18 |
| AbbVie Inc | 1.62 |
| Warnermedia Holdings Inc | 1.52 |
| Bristol-Myers Squibb Co | 1.44 |
| Cisco Systems Inc | 1.41 |
| Goldman Sachs Group Inc/The | 1.40 |
| AT&T Inc | 1.23 |
Fees
Distributions
Authorisations
Literature
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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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