Funds and prices
Overview
The actively managed fund is focused on capturing growth and income opportunities predominantly from Europe.
It invests predominantly in European equities, high yield corporate bonds and convertible bonds.
Each asset class weighting is kept at approximately one third.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between EUR and USD is largely hedged.
Benefits
Equities, high yield corporate bonds and convertible bonds offer a compelling combination of growth and income opportunities with favorable risk/return characteristics.
Diversification across each asset class at approximately one third reduces overall risk.
Managed by a dedicated team of experts who can draw upon 蜜豆视频 Asset Management's experienced European investment teams.
Risks
Features
| Product category |
蜜豆视频 Asset Allocation Funds
蜜豆视频 European Growth and Income Fund |
| Product domicile |
Luxembourg
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| Portfolio management |
蜜豆视频 Asset Management (UK) Ltd., London
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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 7, 2015
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| Currency of account |
USD
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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 |
0.81% p.a.
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| Total expense ratio (TER) |
1.07% p.a.
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| Swing pricing |
yes
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| Minimum investment |
n.a.
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| Reference Index / Benchmark |
Customized Benchmark
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| Securities no. |
28334247
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| ISIN |
LU1240794468
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| Bloomberg Ticker |
UEGUHQA LX
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Performance and Prices
Percentage growth
as of April 2, 2024| USD(%) | |
| YTD | 3.64 |
| 1M | |
| 3M | |
| 6M | |
| 1Y | |
| 2Y | 12.65 |
| 3Y | |
| 5Y | 32.61 |
| ø p.a.5Y | 5.81 |
Current data
| Net asset value | 03.04.2024 | USD 160.09 |
| High - last 12 months | 28.03.2024 | USD 160.37 |
| Low - last 12 months | 05.04.2023 | USD 143.57 |
| Assets of the unit class in mn | 03.04.2024 | USD 3.42 |
| Total product assets in mn | 03.04.2024 | USD 465.56 |
| Indicative equity dividend yield (gross) | 29.02.2024 | 3.22% |
Structures
By the 10 largest equity positions (in %, as of February 29, 2024)
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| NESTLE SA | 0.90 |
| NOVO NORDISK A/S | 0.85 |
| ASML HOLDING NV | 0.78 |
| LVMH MOET HENNESSY LOUIS VUITTON SE | 0.73 |
| SAMPO OYJ | 0.67 |
Fees
Distributions
Authorisations
Literature
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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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| Annual report |
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| Semi-annual report |
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Document type
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| 蜜豆视频 Funds - Your funds at a glance |
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| Tax list |
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