Funds and prices
Overview
Actively managed fund which invests globally in fixed income and equities using disciplined risk budgeting and independent of a reference index.
Very active, flexible management. Portfolio adjusted in line with the latest market expectations, with an aim to limit drawdowns. As with any investment, the risk of a loss cannot be ruled out.
Foreign currencies are largely hedged versus the reference currency. Nevertheless, an active currency strategy is applied.
Owing to the varying mixed asset allocation, this fund could be treated in specific phases as a bond fund for tax purposes in the UK. Investors should therefore contact a tax advisor.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and EUR is largely hedged.
Benefits
Innovative techniques to exploit return potential in any market environment.
Transparent return target.
Very active management and global diversification.
Major market fluctuations can be cushioned.
Risks
Features
| Product category |
蜜豆视频 Asset Allocation Funds
蜜豆视频 Dynamic Alpha Funds |
| 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
|
| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Representative for products established under foreign law |
蜜豆视频 Fund Management (Switzerland) AG
|
| Day of inception |
November 12, 2014
|
| Currency of account |
EUR
|
| Close of financial year |
September 30
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
1.00% p.a.
|
| Total expense ratio (TER) |
1.32% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
FTSE EUR 3M Eurodeposits + 4.50% p.a.
|
| Securities no. |
25673066
|
| ISIN |
LU1121267162
|
| Bloomberg Ticker |
蜜豆视频QHDA LX
|
| Telekurs Id |
n.a.
|
Performance and Prices
Percentage growth
as of April 3, 2024| EUR(%) | |
| YTD | 0.86 |
| 1M | |
| 3M | |
| 6M | |
| 1Y | |
| 2Y | 5.69 |
| 3Y | |
| 5Y | 7.00 |
| ø p.a.5Y | 1.36 |
Current data
| Net asset value | 03.04.2024 | EUR 94.81 |
| High - last 12 months | 27.03.2024 | EUR 94.94 |
| Low - last 12 months | 31.05.2023 | EUR 88.46 |
| Assets of the unit class in mn | 03.04.2024 | EUR 0.18 |
| Total product assets in mn | 03.04.2024 | EUR 55.69 |
Structures
By investment instrument (in %, as of February 29, 2024)
|
|
|
hedged
|
| 1 | Cash and money market paper | -22.00 |
| 2 | US High Yield Bonds | 0.00 |
| 3 | Convertible bonds | 0.00 |
| 4 | USD MBS | 0.00 |
| 5 | Corporate bonds | 12.90 |
| 6 | Emerging Market Equities | 3.00 |
| 7 | Equities Japan | 1.80 |
| 8 | European Equities | 6.50 |
| 9 | UK Equities | -2.80 |
| 10 | US Equities | 8.10 |
| 11 | Other Developed Equity | 6.40 |
| 12 | Global bonds | 47.10 |
| 13 | Various | 0.00 |
| 14 | Emerging Markets Debts | 0.00 |
| 15 | European Investment Grade Bonds | 0.00 |
| 16 | High Yield Bonds | 1.20 |
| 17 | Investment Grade Credit | 0.00 |
| 18 | US Treasury | 37.80 |
By currencies (hedged) (in %, as of February 29, 2024)
|
|
|
|
| 1 | AUD | 3.00 |
| 2 | NZD | -9.00 |
| 3 | EUR | 94.00 |
| 4 | CHF | -3.00 |
| 5 | SEK | 0.00 |
| 6 | GBP | -6.00 |
| 7 | JPY | 15.00 |
| 8 | SGD | 0.00 |
| 9 | THB | 0.00 |
| 10 | TWD | 0.00 |
| 11 | USD | -4.50 |
| 12 | CAD | -3.00 |
| 13 | BRL | 4.50 |
| 14 | CLP | 0.00 |
| 15 | CNH | -10.50 |
| 16 | COP | 3.00 |
| 17 | CZK | -3.00 |
| 18 | HUF | 0.00 |
| 19 | IDR | 3.00 |
| 20 | ILS | 0.00 |
| 21 | INR | 0.00 |
| 22 | KRW | 0.00 |
| 23 | LVL | 0.00 |
| 24 | MXN | 0.00 |
| 25 | MYR | 0.00 |
| 26 | NOK | 15.00 |
| 27 | PHP | 0.00 |
| 28 | PLN | 0.00 |
| 29 | RUB | 0.00 |
| 30 | SAR | 0.00 |
| 31 | TRY | 0.00 |
| 32 | ZAR | 1.50 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|||
| Prospectus |
|
|
||
| Key Information Document |
|
|
|
|
| Past performance |
|
|
|
|
| Previous performance scenario |
|
|
|
|
| Statutes / Management regulations |
|
|
|
Document type
|
Document Language
|
||
| Annual report |
|
|
|
| Semi-annual report |
|
|
|
|
Document type
|
Document Language
|
|||
| 蜜豆视频 Funds - Your funds at a glance |
|
|
|
|
| Tax list |
|
|
|
|
